Property Market Of Portugal 2015

By Author: Ideal Homes International
Total Articles: 16
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The market for property in Portugal has a record growth for the past 12 months which make us believe that the market would be good in the year 2015 as well. If you are looking to buy a property in Portugal then this is the right time. Even Chris White has the same opinion who is the founder of the boutique real estate agency Ideal Homes Portugal.

It is good to know that the year 2014 started in a good condition for the property market in Portugal which has shown an increment of 1.6% in the first quarter. Now according to one of the market surveys it has shown that the volumes of sales have reached their highest level in the last four years which is amazing.

Chris White

Moreover the statement from Chris White is making the people to get to the decision of buying a property in Portugal as this is the right time before the rates begin to rise.

Reasonable prices of property in Portugal

For example a one bedroom property in the town of Olhao in Algarve can be purchased for about 70000 Euros and a plot can be bought for about 68000 to 70000 Euros which is quite reasonable.

Moreover you always ...
... get the option of good bargaining in the properties which are a bit expensive. Moreover buyers who are looking to get maximum profits from their property should act without losing any time. Although there are good options of buying a property but the prices are expected to rise continuously in the year 2015.

Buying an investment property

Moreover if you are planning to buy an investment property in Portugal is the best place for you. The reason being that the 85% of income from the rental property comes under your expenses which means that you will only be taxed for 15% of your rental income

Buying a property in Portugal is a great idea

Moreover it is a good idea to buy property in Portugal as it is considered to be a safer place. The capital, Lisbon is considered to the safest place in the European Union according to one of the official surveys.

You get a wide variety of landscapes to choose from which would include mountains and vineyards to the north to the sandy beaches on the southern shores of Algarve. This coast in the south has been the favourite destinations for holidays for the people of Europe and is also the choice of second home for some.

Moreover Portugal has a number of religious festivals, fairs and carnivals which is also one of the reasons of attractions. In addition the life of Portugal is relaxed and is free from stress which is also one of the reasons of more and more people coming to this great country.

People who like good food should visit Portugal which is famous for its legendary dishes. The best part is that these dishes are available at reasonable and affordable prices.

You can always buy a property in Portugal but if you are a non-resident you are required to get a fiscal number which is used in the documents of buying a property.