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Portugal investors turning blue

Published 30th Apr 2008

Portugal's Blue Coast is attracting investors priced out of other parts of the country…

A spokesperson for ForeignPropertyBuyer, explained: “House prices in the region are set to grow significantly as a result of increased demand for rental accommodation. This is attributed to the creation of a new airport in Alcochete, which is scheduled to open in 2012. The improved accessibility and its effect on tourism could make the area perfect for overseas investors.

“Furthermore, the region is much more affordable than other parts of Portugal, such as the Algarve. The Blue and Silver Coasts offer an attractive alternative for overseas property investors with plenty of good opportunities to be found".

Source: ' Move Channel Ltd '

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