Properties for sale in Portugal

 The property market in Portugal remained stable and profitable throughout 2007

With an 18% growth and strong rental yields for investors. For those looking for buy-to-let properties, the Algarve is a very good option, due to the year round rental market. People are attracted by the warm climate and the many award-winning golf courses, some preferring to go out of season when the resorts are less busy. Adding to the recent interest in the Algarve is the opening of the Formula One race track in Portimao, and the billion euro expansion project of the marina.

The race track is expected to bring a further 1 million tourists a year for Formula 1 competitions and the Moto Grand Prix. With huge investments in tourism and infrastructure announced by the Government, it looks like the Portuguese property market will build on its success this year.
-Algarve Property News 7th March 2008