Portugal is famous for its highest mountains and rich natural reserve. Realty business in Portugal is increasing and is becoming a lucrative business. Analysts say it is going to hit top in the chart in the year 2010 as far as buying and selling of property is concerned in Portugal.
Many foreign investors are moving out of Spain and focusing on Portugal property due to its scenic beauty and excellent locales. After the badly hit recession, Portugal had revived successfully in the realty business when compared with other European countries. Portugal government has very stringent rules when you go for property buying, unlike other Governments, according to the mail portugal daily mail. In line to protect the coastal areas, government decided not to allow constructing houses within 500 m area from shore. Also properties built on the coast should not exceed 3 story’s. Developers are requested to provide maximum green space while planning to construct buildings. All of these rules are to increase the quality of life in Portugal to a higher plane.
Algarve is an attractive destination place for people planning to buy properties in Portugal. It is noted that the prices are very competitive there and are affordable for wealthier Portugal property buyers.
The Beiras region is in the central Portugal with beaches and fishing villages comprising major part of this popular region. The beaches are clean and skiing is offered here, making your stay a memorable one.
It has good roads in all its places and connects to Porto airport in the north.
Among other Portugal property silver coast has a remarkable place. The property prices here are little more when compared with other Portuguese property mainly due to its stretched coastal location, but are less when compared with Algarve.