Portuguese property more affordable for international property buyers
17 August 2009
Portuguese property has become more affordable both in resort areas and other parts of the country, an expert has said.
Speaking to the Irish Independent, director of overseas property company Oceanico Martin Date said the market had seen falls as overseas investors such as those from Ireland have dwindled in the recession.
He noted that in resort areas prices have dropped by around five per cent, while elsewhere the fall has been 25 to 30 per cent.