Time to buy yet?
Portugal has for many years been one of the more popular expat destinations although historically it has still lagged the likes of Spain which is by far and away the more popular destination for UK expats in particular. However, there is a feeling that the economic situation in Portugal and Spain is changing and Portugal could in fact become the new “Spain” of the future. Property in Portugal is also attracting the interest of many investors, as well as expats, something which bodes very well for the future and could in fact increase Portugal’s standing in the expat arena.
Background on Portugal
While Portugal is still dominated by the holiday market it is easy to forget that there is more to this country than just sun, sea and sand. This is a country which has a history and culture which goes back many years and while the economic background in the past has been very patchy to say the least, there is no doubt that Portugal is emerging from the shadows and is no longer the “sick man of Europe”.
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