Consider Buying Portugal Property in 2012 for Five Good Reasons

Written By Arman Zulhajar on Friday, February 10, 2012 | 12:36 AM

By Lisa Watkin


Portugal has become a popular investment choice for those looking to buy real estate, and more and more investors from around Europe and the UK are buying property in Portugal. If you are an investor considering a wise investment of your money in 2012, you may find that buying Portugal property is a great way to make a purchase that will yield high dividends. If you are considering buying property for sale in Portugal, here are 5 reasons why it may be a good choice for you:

Even though the real estate market has grown over the past 20 years, people who invest in European real estate are discovering that property for sale in Portugal remains an attractive investment opportunity. A growing number of investors are realizing that demand for Portugal property is rising, the country's cost of living remains reasonable, and Portuguese real estate has substantial value. Recognizing this, Portugal's authorities have raised property taxes - a sign that the real estate market in Portugal is still strong.

No one is prohibited from purchasing property for sale in Portugal. The government does not restrict who is entitled to purchase property in the country, and those who wish to do so may buy Portuguese vacation or retirement property with very little difficulty. Real estate investors who wish to turn a quick and easy profit by flipping Portugal property face more restrictions, but the Portuguese real estate market is wide open for those who want to purchase a retirement or vacation property.

Property for sale in Portugal is affordable. Real estate in the more desirable parts of the world is never inexpensive, but Portugal property is priced quite reasonably. The VAT, real estate transfer tax, deed registration and mortgage costs are fair, legal fees and notary charges are reasonable, and surveyor and selling agent fees are limited. Although it is prime real estate, many people can afford to purchase Portugal property.

Portugal Property is in High Demand - More and more people are finding that taking a vacation on the golden sand beaches of Portugal is becoming more desirable as life gets more and more stressful, and people are taking advantage of the real estate demand in Portugal to buy property. You will find that the tourist destinations in Portugal make property in the country far more attractive than you might have thought, and more investors are purchasing real estate in the country in order to take advantage of the expansion in the country.

Much of the property for sale in Portugal is quite beautiful. Take a minute to visualize what life would be like if you owned property in Portugal. You could wake up, walk out your door and go for a dip in the ocean because the Portuguese weather is so gorgeous. It would be hard to imagine a better place to spend your vacation. The weather is wonderful, the country is economically stable, and it's relatively free of pollution. Owning Portuguese property gives you a tremendous opportunity to take life easy in your vacation or retirement home.




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1 comments:

imobiliaria em camboriu said...

I would love buy a house in Portugal, It's a Beautiful country.

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