Interest rates for mortgages are relatively low right now, and it’s possible to can earn more than 7% each year if you invest in a property in Portugal.
The French are still top of the list for the nationality which invests the most in the Portuguese property market, making up 29% of the total. Even so, Brazilian investment keeps growing and already accounts for 19% of property purchases by non-Portuguese.
When you’re buying a home, choosing whether to buy new or used is important. Of course, there are advantages and disadvantages to both, but here are some things you should consider:
Location: Depending on where you prefer to live, one property type will be better than another.
Whether you’re looking at flats, villas or holiday homes, there’s always the decision of whether to buy or rent, but how do you know which is best? It’s worth taking the following into account...
Cost of a mortgage vs.
Portugal offers many different types of properties compared with Britain. Before you start looking, you should be very clear on the following: Why are you buying? (holiday home, investment, somewhere to retire…) How will you spend your time there?