Overseas property news - Portugal edging out ‘saturated’ spain

Portugal edging out ‘saturated’ spain

The Portuguese property market is "more robust" than its Spanish equivalent, one expert has claimed...

Rhiannon Williamson, director of ShelterOffshore.com, explained: “Portugal offers a number of advantages to property investors when compared to Spain - including lower prices and higher potential income.

“This can be seen with The Algarve, which is massively popular with tourists during the summer and also attracts golf enthusiasts all year round. Investors can benefit from a year round tourism market because of the Algarve's out of season popularity with golf tourists. This can mean you get a better rental yield in Portugal even if you target the highest priced property locations."

Williamson added: “A disadvantage of the Spanish market is the fact it is now experiencing a saturation effect due to the high level of development the country has seen. This is something that is yet to affect Portugal.


© www.propertyo.com All Rights Reserved.24 Jacks Place, Shoreditch, London, E1 6NN.
Terms & Conditions | Privacy Policy