Portugal: a sure thing?

The property market in Portugal continues to grow, making the country a potential European investment hotspot...

That's according to the developer Pine Cliffs, which is so confident of the market's potential that it has guaranteed a return of 15 per cent within the first three years on purchases at its own resort in the Algarve.

The developer states that the country's economy is in a period of "steady and sustainable growth", reducing the risks associated with investment.

Property editor of buyassociation.co.uk, Paul Collins, concurred: "Portugal remains one of the most popular destinations for UK overseas buyers, and with good reason."

He outlined the benefits of the Iberian country, such as its proximity to the UK, a strong financial and legal framework, and its exclusion from the "over-development" which hit Spain.

Source: www.buyassociation.co.uk