The cost of Portugal property remains affordable to many people, it has been stated.

Property portal nuwire.com stated that the country has seen a major increase in the number of UK and European buyers in recent years, particularly in the Algarve.

Celeste Soares, a sales consultant for Imatico Real Estate agency, told the news provider: "For people that have funds available Portugal is a very attractive place to invest – especially in the Silver coast – due to the very affordable prices and warm weather."

Such a proposition may attract many of those keen on investing to buy a Portugal property, not least as the site noted that there are no restrictions on property ownership in the country and the buying process is "quite simple".

The recommendation of the Silver Coast by Ms Soares matches that provided by the Manchester Evening News last month.

The paper said the region is developing into a "serious rival" to the Algarve.

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