In 2015 Europe was shocked with a series of attacks. This led to the fact that many potential buyers opt for Portugal, a country where there are no political tensions, but there is a lot of sun, beautiful beaches, water parks, where the restaurants serve amazing Mediterranean cuisine.
In Algarve (southern Portugal) over the last year property prices increased by 3-4%. In January of this year, in the capital of Portugal – Lisbon there was the price increase of 2.5%.
Algarve is currently the cheapest European resort, and in the ranking of the most inexpensive countries of the world tourism of 2015 Algarve took the second place.
"Security is very important," says Chris White, founder of the Agency Ideal Homes. – Buyers dream of a second home that will be away from any kind of risk, and this trend will continue in the future"
Another attractive feature of Portugal is the "Golden visa", by which non-EU buyers of local real estate, can get a residence permit. The prospect of free movement in the Schengen area is especially enticing for Asians. But British investors are also attracted by quite close location of Portugal.
According to the materials of opp.today
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