Portugal tipped to lead the stampede as Overseas Property Show opens up international second home markets to UK buyers
- Overseas Property Show to visit 7 UK cities over next 3 months
- Demand for Portuguese property at 8 month high (TheMoveChannel.com)
- Portuguese prices fell for 3 years before increasing by 1.2% in Q1 2014 (Statistics Portugal)
This September, the sector-leading Overseas Property Show is set to bring the international second homes market to the doorstep of British buyers. With properties available across Europe and the US, the show is renowned for helping UK buyers to easily and transparently buy the holiday home of their dreams.
And at this year’s show, Portugal is tipped to be the country of choice by property expert Chris White, Founding Director of boutique real estate agency Ideal Homes Portugal:
“Everything is pointing to this being the year that Portugal leads the stampede for Brits buying abroad. The latest research from TheMoveChannel.com has shown that demand for property there has reached an eight-month high, following three years of falling values.
“The price drops have led to there being some incredible bargains available, particularly in the sun-kissed Algarve region. Savvy buyers know that now is the point to buy, before prices climb too steeply.”
Indeed, the year to the first quarter of 2014 saw the start of the long-awaited price rises in the Portuguese housing sector, with Statistics Portugal reporting an increase of 1.22%. Thanks to the Overseas Property Show, UK buyers will find it easy to act swiftly and decisively while the market sits at this turning point.
The show will visit seven leading UK areas in total: Birmingham, Surrey, Leeds and Glasgow in September; Manchester and Newmarket in October; and Aberdeen in late October/early November. Tickets are free and can be obtained via the Overseas Property Show website.
One man who has already secured his ticket is Dragons’ Den star Duncan Bannatyne, who earlier this year purchased a stunning Algarve villa through Ideal Homes Portugal. The entrepreneur is currently working with Ideal Homes Portugal on a series of television advertisements, which should further spur on UK buyers who have yet to discover the delights of the Algarve.
Attendees at the Overseas Property Show will benefit from insider knowledge of the Portuguese property market, with Chris White and his team on hand to share their expertise. Apartments, townhouses and villas will all available, from €100,000 bargain apartments with communal pools in popular areas, to luxury countryside villas with their own pools, jetties and other fabulous features, costing in excess of €10,000,000.
For further details and to obtain tickets to attend the Overseas Property Show in your local area, visit www.theoverseaspropertyshow.com. For information on the stunning range of properties currently available in Portugal to UK buyers, call Ideal Homes Portugal on 0800 133 7644 or +351 289 513 434, email enquiries@idealhomesportugal.com or visit www.idealhomesportugal.com.