| Boasting some of the best beaches in Europe, | | | | bedroom flat near Obidos on a golf development |
| Portugal has long been a favourite destination for | | | | which they plan to let. |
| British sun-seekers taking advantage of cheap flights | | | | "People are crying out for a more cultural type of |
| to the country, as well as the Mediterranean climate | | | | holiday where you experience what the country is |
| and lower cost of living it has to offer. But with more | | | | like, rather than going to a place saturated with new |
| and more Britons longing for property abroad, the | | | | developments" Ms Woodhouse told the Telegraph. |
| country is turning more heads as the new hot | | | | They believe that this turn in the market will give |
| location for property investment in the buy-to-let | | | | them a good return on their investment and many |
| market, as a place to retire or for those fortunate | | | | others are tuning into this shift as well. |
| enough to purchase a second home. | | | | With interest rates on the rise there has never been |
| Spain and France have long topped the list of | | | | a better time to get on the overseas property |
| countries where people buy second homes or | | | | ladder. According to Conti Financial Services, a |
| investment property, but for those who more often | | | | specialist advisor on arranging foreign mortgages, |
| opt for the path less traveled, or less developed in | | | | borrowers can get a loan in euros for as low as 3.4 |
| this case, Portugal is becoming more appealing. | | | | percent. Of course there is a lot to take into account |
| Travelers from Britain are increasingly looking for | | | | when making any investment such as the down |
| holidays in culturally rich places rather than the typical | | | | payment, which can be much more in Portugal than |
| cookie-cutter "sun, sand and beach" resorts that | | | | other countries abroad, and the fluctuations in |
| have become a mainstay of the holiday market. | | | | currency conversion also effect loan repayments. |
| Portugal's tough controls on planning and development | | | | There are plenty of lenders in the UK including Halifax, |
| have preserved much of its countryside and towns, | | | | Lloyds, HSBC, Royal Bank of Scotland and some |
| along with the typical Portuguese charm that has | | | | building societies employing experts ready to assist |
| piqued the interest of those wishing to invest there. | | | | those wishing to buy abroad and also offer loans |
| Property investors such as Mark and Kerry | | | | internationally. Finding that perfect place in the sun |
| Woodhouse of Maidenhead have taken notice and | | | | has never been easier with so many agencies |
| bought property north of Lisbon, in an area known as | | | | advertising online property in Portugal and estate |
| the Silver Coast. Away from the places of higher | | | | agents displaying Portuguese properties in their |
| development in the south, they invested in a two | | | | windows. |