The low prices of properties in Portugal are what attract investors the most. The country is a major contributor and has rich history of seafaring and the great geographical discoveries. In its architecture can be noticed the Moorish and Oriental influences. The Phoenicians, Greeks, Celts, Romans and Arabs have left their traces in both history and culture of the country. One of the oldest universities in the world was established in Portugal 1290.
The diversity of properties ensures rich customer choice. People who are looking for property offers in Portugal are mainly oriented towards areas close to the ocean. It is not difficult to find a small apartment overlooking the coastline of around 50 000 EUR. The capital Lisbon is as well among the preferred areas for investment.
Foreign property investors in Portugal are led by the state of its property market. They tend to invest money in valuable properties, which after time will bring them profits. If their intention is to give it for rent by tourists, the investment could exceed 1 million. Luxury villas on the shore of the ocean are sought-after by wealthy clients.
The great interest in property in Portugal is due to the government's decision to ease the regime for foreigners. When citizens of non-EU countries purchase a property for at least 500 000 EUR, they receive permanent resident status. The aim of the Portuguese authorities is to attract many international investors from countries as Russia, China and India.
