Why Invest in Portugal

Whether for Investment or lifestyle or both, Portugal is proving to be a good choice of location for both retiring in or for Investment.

Over 200,000 Britons and thousands of Irish People have already purchased in Portugal.

Lifestyle

Many purchasers want to jet away for a quiet weekend in the sun and choose Portugal as their choice location because of its ease of access, its wonderful climate and the lovely cuisine. Most of all the people who are friendly.

The beaches in the Algarve which is the most popular location are the best in Europe with their long golden sandy beaches For Golf Lovers this is a paradise with without doubt the best golf courses in Europe. For those who want to re locate there are lots of International schools.

Investment

Over the past ten years Property in THE Algarve has experienced a steady rise with properties in places like Vilamoura. Quinta do Lago and Vale do Lobo experiencing increases of between 10% to 20% annually. The economic and political climate in the country is stable

Taxation

The taxation position has been improved in the past two years with new legislation now in place which means it is better not to purchase your property through an offshore company which was the norm up to 2004.

Tax rates can change annually so please take tax advice to clarify the position.

Their capital gains tax has reduced and their Inheritance tax position has also improved.

Buy to Let

The tourism industry has been booming in Portugal for years particularly golf tourism to the Algarve and this situation is continuing. Good yields are possible in quality properties along the coast Access

Cheaper flights INTO Lisbon and Faro airports, the opening of the final section of the Via do Infante (A22/IP1) motorway has opened up the entire Algarve region to more holiday makers and more foreign property investors looking for the ideal opportunity. The motorway took twelve years to complete and has given great relief to residents and tourists as it provides a fast, toll and congestion free route across the entire region. It links Vila Real to St Antonio to Lagos.

In terms of Portugal's amenities and attractions - there's everything from the 200kms of coastline, 3,000 hours of sunshine (which is more than Florida gets) low crime, low pollution, a very straight forward and regulated property buying process, and all those golf courses!

Those interested in buying property in the Algarve are not only buying a long term investment, they are potentially buying themselves an income stream as well. Villas and apartments in the area are much sought after - especially during the long summer months - for holiday lets. So buying to let in Portugal, especially in the Algarve, is a real value added bonus opportunity for many.

Therefore, Portugal remains a firm favourite for property investors all round.

10 good reasons to buy Portugal beach and golf properties

  1. A huge choice of championship golf courses.
  2. Miles of white sandy beaches.
  3. Unspoilt countryside, mountains, peace and tranquillity.
  4. Luxury hotels and villas or quaint holiday resorts.
  5. Year-round sunshine.
  6. Affordable property.
  7. Great for retirement.
  8. High quality of life, low cost of living, and low crime rate.
  9. Easy to travel to.
  10. A relaxed, traditional lifestyle