The property market in Portugal is looking more positive following analysis that shows investor sentiment is on the up. RICS (Royal Institute for Chartered Surveyors) recently conducted research that shows activity and attitudes toward Portuguese property has generally improved.

The Algarve is in a fantastic position for growth over the next couple of years, says the research, which also states that the Algarve is the best performing Portuguese region in terms of property price growth during the first half of 2011.

Property prices in Portugal have been strongly linked to the successful tourism the country saw this year, with popular holiday spots especially responsible. Airports in Portugal also welcomed the highest number of passengers through their doors in over ten years.

If you are considering buying a property in Portugal then perhaps consider places which are likely to receive tourism during the summer months, especially if you are looking to rent the property out; you should make great returns on your investment. Anyone buying or renting out property in property should consider using a currency specialist, such as Smart Currency Exchange, as they offer better exchange rates than the banks and have regular payment schemes.

To browse property for sale in Portugal, browse Rightmove Overseas’s Portugal property listings.

To understand the full step-by-step process to buying a property in Portugal, collect The Overseas Guides Company’s ‘Portugal Property Buying Guide’