Categories: Taxation

Portugal is not a third world country

<div>&amp;NewLine;<p>Over the past few weeks, we have been receiving numerous requests for property searches in and around the Algarve&amp;period; We have also noticed that the search requests are not in line with the value of the properties available on the market&amp;period;<&sol;p>&amp;NewLine;<p>Many people are looking for property with a relatively large surface area &amp;lpar;150 m2&amp;rpar;&amp;comma; well located geographically and at prices totally disconnected from market reality&amp;period; Yes it is still possible to make a good deal in Portugal&amp;comma; yes there are still properties at €100,000 or less and <b>no, there are no new or renovated properties for under €100,000 over 100m2 with garage and less than a 10-minute drive from the beach&amp;period;<&sol;b><&sol;p>&amp;NewLine;<p>The same goes for year-round rentals&amp;comma; demand is so high that rents are skyrocketing&amp;comma; not to mention landlords who tend to be picky when it comes to choosing a tenant&amp;period; Especially when it comes to foreigners&amp;period;<&sol;p>&amp;NewLine;<p>Bear in mind that since the arrival of French&amp;comma; Belgian and Swiss&amp;comma; retirees in droves, not to mention the strong presence of English nationals in southern Portugal&amp;comma; the property market has completely exploded&amp;comma; today there's no great difference between the French market and that of the Algarve, for example&amp;period;<&sol;p>&amp;NewLine;<h3><span style&equals;"color&colon; &num;ff0000&semi;">Is it still possible to do good business &amp;quest; <&sol;span><&sol;h3>&amp;NewLine;<p>The answer is YES, it's still possible in 2017 to do good business in Portugal&amp;comma; to do so, you'll need to be patient&amp;comma; you'll need to be very patient and available to make a series of visits&amp;comma; you'll also need to revise some of your expectations downwards, or agree to do some work&amp;comma; even some heavy work, or revise your budget upwards&amp;period;<&sol;p>&amp;NewLine;<&sol;div>&amp;NewLine;

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