• Login:
Welcome, Register Here
follow PropertyTalk on facebook follow PropertyTalk on twitter Newsletter follow PropertyTalk on LinkedIn follow PropertyTalk on facebook
Page 1 of 2 1 2 LastLast
Results 1 to 10 of 12
  1. #1
    Join Date
    May 2008
    Location
    Central Portugal
    Posts
    7

    Default Still demand in Portugal

    Hi everyone just to let everyone know the demand is still high in Portugal amid the chaos there is still somewhere to go.

  2. #2
    Join Date
    Jul 2005
    Location
    Brisbane
    Posts
    1,309

    Default

    Demand for what? Rental accommodation, new houses, land....?
    Jo Birch
    Looking for someone to manage your next project or event? Then call now!
    +61 450 148 678

  3. #3
    Join Date
    May 2008
    Location
    Central Portugal
    Posts
    7

    Default Demand for investment property

    There is demand accross the board although high end finished property has dropped off somewhat. There is still demand for renovation projects and an increasing demand for land where permision to build is obtainable that includes ruins where permission is automatic i hope that answers your question bad luck in the cricket bye the way.
    ppp

  4. #4
    Join Date
    Sep 2007
    Location
    Tomar, central Portugal
    Posts
    10

    Default

    Well as a licensed registered INCI estate agent based in Tomar Central Portugal, (chavetejo.com) I have to agree with some of what ppp is saying with respect to high demand in certain categories within the property market.
    I agree that there is a huge demand (at the moment) for small renovation properties, farmhouses etc. anything under 100,000 is selling fairly quick at the moment, not just to investors but to people relocating from the likes of the uk and other European countries, as well as further a field.

    Although I also have to say that we are experiencing an increase in demand for high end properties, we recently sold 2 properties totalling 3/4 of a million euros within 2 weeks of each other, (these properties had been on the market for some time with other agencies) were seeing an increase in enquiries on property in the 400,000 to 600,000 category and although the price of property in this category is not moving up at the moment we are experience an increase in sales. I think due to wise people choosing to buy in an area that offers better value for money than the traditional areas such as the Algarve.

    although I would pick up on what ppp says about ruins having automatic planning permission, this is not the case, care should be taken when buying anything that requires planning approval, green field plots or ruins, as planning can be very difficult to obtain in certain areas. Especially with the new zoning rules and new restrictions on rebuilding old houses, that came out this year.

    information on planning can be found on our gekkoportugal.com website.

  5. #5
    Join Date
    Sep 2007
    Location
    Tomar, central Portugal
    Posts
    10

    Default

    A good little article on restoring property in portugal as a viable option to owning a property in the sun can be found on the gekkoportugal website. anyone interested in restoring property in Portugal should take a look.

  6. #6
    Join Date
    Jun 2006
    Location
    London, UK
    Posts
    10

    Default

    Portugal currently does seem to be the flavour of the moment among UK Investors with some excellent deals being offered in the Algarve and to a lesser extent on the Silver Coast. The stumbling block for many is the tighter lending requirements by Portugese lenders and the minium (often more) 25,000 provable income.

  7. #7

    Default Luxury Properties In Portugal

    Hi there,

    Portugal is a very popular investment opportunity. There are many luxury opporunities available in many parts of the country. For more information Google Pure International.
    Last edited by ed.fold; 05-02-2010 at 10:50 PM.

  8. #8

    Default

    Which region has the highest demand now in Portugal?

  9. #9

    Default Best region

    Algarve

  10. #10
    Join Date
    Sep 2007
    Location
    Tomar, central Portugal
    Posts
    10

    Default

    Not sure I would agree with that, although the Algarve took a large hit and sales dropped somewhat I think it will be a little while yet before it returns to being in demand.
    I have colleagues working in the Algarve, Silver Coast as well as central Portugal, right now our view of the market is that the central region of Portugal has been least affected by the goings on in the property market. Perhaps due to the increased interest in that region from overseas media, people are seeing that their money will go a lot further in the central region, they will get a bigger or better property for less money than some of the more well known regions of portugal,
    If right now people are tightening their belts, then good value for money is what they want.

    Take a look at some of the prices
    http://www.chavetejo.com/Property-li...20portugal.htm
    Last edited by omostra06; 20-08-2010 at 10:42 PM. Reason: .


 

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. much demand for furnished rentals
    By crackennz in forum Property Management
    Replies: 3
    Last Post: 21-01-2013, 09:24 AM
  2. Buying Process Portugal
    By fdr2010 in forum Regions News (Euro)
    Replies: 0
    Last Post: 29-06-2010, 05:52 PM
  3. Head to Portugal for your holiday home in the sun
    By muppet in forum Regions News (Euro)
    Replies: 1
    Last Post: 29-10-2009, 04:43 PM
  4. Head to Portugal for your holiday home in the sun
    By muppet in forum Property Investment (Euro)
    Replies: 0
    Last Post: 01-08-2009, 06:12 PM
  5. How to assess rental demand?
    By cyber in forum Property Investment (NZ)
    Replies: 4
    Last Post: 08-12-2003, 09:36 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •