Euro QE will boost Algarve property market
ECB announces €1 tn. in quantitative easing
Euro zone policy makers dance to German tune
Cheaper euro will also help Algarve property sales to Brits
All indicators now solidly behind a market recovery
ECB announces €1 tn. in quantitative easing
Euro zone policy makers dance to German tune
Cheaper euro will also help Algarve property sales to Brits
All indicators now solidly behind a market recovery
Portugal makes clean exit from bailout
Demand for Portugal’s bonds drives down yield
Positive trends in economic climate and GDP continue
Deflation is an obstacle to growth… but will the ECB act?
Portuguese property values have been static or falling for the past 6 years, but there is plenty of evidence to suggest that the cyclical downturn is coming to an end. Here are 10 reasons why the market is poised for recovery, and why now is the best time in 25 years to buy Algarve real estate:
Statistics for 2013 show healthy growth from external markets
Tourism contributes to a positive trade balance and job creation
Further growth limited by lacklustre domestic demand
The euro was launched in a blaze of euphoria on 1st January, 1999. We take midday in Frankfurt as the natal moment. You can look at the euro’s natal chart here
3,000 hours of sunshine per year, cooling ocean breezes to moderate the summer heat, and seasonal rainfall all contribute to a great climate. No wonder Andalusians have been snapping up holiday homes in the area!
Boca de Rio Beach