Tourism in Portugal is expected to become strong in the coming months and experts predict that this will have a positive effect on the property market in the country. For those looking to buy property in Portugal, tourism activities and popular destinations will be something they want to take into consideration, especially if they are looking at buying to let.

Golf courses, good weather and a new racing track should encourage tourists to flock to the country, especially the Algarve, and investors are being attracted by buy-to-let opportunities that will benefit from the attraction of the region.

“A lot of people from Britain and Ireland are buying property overseas, mainly in Portugal. So I think it’s also a good deal to buy houses in Portugal right now.” Stated a manager for the Algarve Promotion Bureau.

It has also been noted that, unlike Spain, Portugal does not have an over-supply of new-build homes, which means the ones available will sell quickly and be in high demand by those looking to rent property in Portugal.

To save money when buying in Portugal, Brits are advised to use a currency specialist when transferring their pounds into euros. For more information on this, contact Smart Currency Exchange.

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