Portugal is currently the 5th most popular country among those searching to buy property abroad. Well, that is according to major UK portal Property Abroad.com which publish a chart of the most popular countries for every month.
The only 4 countries more popular than Portugal were America (1st), Spain (2nd), France (3rd) and Greece 4th. The common denominator being that they are all established markets, and with the exception of America of course they are all in the Eurozone.
Last month, Sterling had reached a very strong point against the Lira, so Turkey property climbing to 5th most popular was understandable, but it was still a shock that Portugal property slipped back 3 places instead of one.
Portugal property is by no means the cheapest overseas property, but there is still room for growth, according to Frank Crowley, director of Azure Overseas.
"Portugal is still growing in popularity as a holiday destination, and as a destination to buy overseas property, especially given the current dissolution with Spanish property, which has benefited Portugal no end," he said.
Azure Overseas is currently marketing property for sale in Portugal on the Silver Coast priced from under £110,000.
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