Another year has past and we are now at the end of the fifth year of the financial crisis. Over the past 12 months financial stability in the Euro zone has improved, as was to be expected. Economic activity has picked up in most European economies and we witnessed an improvement in business and consumer confidence. There are more signals that the European debt crisis is fading, just watch the steady decline in 10 year government bond yields in countries like Greece, Spain, Portugal and Italy. The price of gold (a safe haven in times of uncertainty) has fallen in price by almost 30 percent over the same period.
We are starting to hear more positive news for economic growth, not only in the UK, but also in other areas of the world. Therefore, this could be a good time to consider investing in an overseas property, but where would be a good place to consider?
Spain has just seen its best summer for tourist numbers since records began nearly 20 years ago, with foreign sun-seekers fearing unrest in Egypt and Turkey and travelling instead to the Spanish coast.
A hefty 1.15m Brits took an autumn/winter holiday in Spain in 2013. Where tourists go, home-buyers follow, with the Costa Brava, Balearics and Andalucia – in that order – the three most visited regions, and British, French and German holidaymakers the biggest fans.
Today's sunny selection focuses on the most stunning properties in Portugal. With these properites close to the coast and bathed by the Atlantic ocean, each property has excellent exposure to the bright sunshine that turns the skin golden and warms the soul!
See below for the full listings...
Your dream holiday home at a fraction of the price with the Pestana Four Owner Plan.
For more information contact:
W: www.pestanagolf.com
E: info@pestanagolf.com
Invest in a fully operational hotel that has already paid over £500,000 to investors. The Corran Resort & Spa is situated just outside the small town of Laugharne in South West Wales, just fifteen minutes from Carmarthen, which houses the main railway line from London.
Globally residential property prices are increasing steadily with the latest worldwide house price index from Knight Frank exceeding its pre-financial crisis high and financial experts are predicting a good year for property investment in the commercial sector in 2014.
The Knight Frank index is worth taking a look at as it tracks residential prices in 53 countries, including the key emerging markets of Dubai and Hong Kong. The index now stands 4% above its previous peak in the second quarter of 2008 and 12.7% above its financial crisis low in the second quarter of 2009.
Local Property News, in Portuguese.
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