Property prices in Portugal, with its attractive mortgage deals, are creeping back up, according to a leading industry survey. Could now be the time to buy?
A move to Portugal (or anywhere abroad) is sure to prove an exciting life change, but what can you do to make that move as successful and stress-free as possible? The other day, I was pondering on what I would do differently if I were to move to Portugal again today. Hindsight is a wonderful thing, so sometimes it’s good to go right back to basics. In that spirit, today I have listed five key pieces of advice I’d give to anyone planning a move to Portugal for the first time.
Anyone seeking the latest news on looming Brexit and its effect on expat life in Portugal will find slim pickings right now; Much remains up in the air, leaving a distinct feeling that a “pause button” has been pressed on the process. If one were to have to choose one phrase to describe the progress of Brexit for expats in Portugal (and indeed elsewhere,) “anti-climatic” would perhaps prove the most appropriate.
If you’ve been in Portugal in recent months and thought everything seemed busier than normal, it wasn’t your imagination. Reports state with increasing confidence that the country’s enjoying its busiest tourism year ever. Portugal’s 2016 tourist season is proving as strong as even the most optimistic pundits predicted. The Algarve, in particular, is set to break records this year. The region is “practically fully booked” at the time of writing, according to a report in The Portugal News,
Once again, figures from Portugal’s property market paint a positive picture for home owners and investors alike. It seems like an awfully long time since there was any bad news about Portugal’s property market. This feeling is confirmed by figures from the Royal Institution of Chartered Surveyors (RICS) that show that house prices in the country have now been rising for 19 consecutive months.
Portugal has just had its second hottest July on record. While tourists enjoy the sun, sea and sand, firefighters are hard at work contending with forest fires brought on by the heat. Many people move to Portugal (or visit there) to enjoy the fantastic climate. These people won’t be disappointed this year, with figures showing July has been the second hottest on record.
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