Anyone thinking of investing in Portugal property has been advised to get in quick as the country emerges from recession.

Prices for Portugal property have fallen in recent times as a result of the recession, but as the country moves into recovery it presents the perfect opportunity for those looking to snap up a bargain dream home, it has been claimed.

Martin Date, director of property company Oceanico, told the Irish Independent that a recent reduction in overseas investment as Brits tighten the purse strings was behind the price fall.

However, he added that a recent second quarter increase in the country’s gross domestic product of 0.3 per cent could indicate the end of the recession, meaning price rises for Portugal property may follow.

Mr Date further stated that Portugal property in resort areas has been least affected by the price drops, falling in value by an average of five per cent.

Google recently announced that it has added the country to its Street View programme, meaning Portugal property owners can now keep an eye on their investment from on high.

Visit Rightmove Overseas for the best selection of Portugal property. Stop dreaming, start searching!