Released on: December 5, 2007, 5:37 am

Press Release Author: Jim watson

Industry: Real Estate

Press Release Summary: Every buy-to-let investor looking for property overseas has
to work out first what market they are aiming to serve. Some will look for property
geared up to short family holidays



Press Release Body: Every buy-to-let investor looking for property overseas has to
work out first what market they are aiming to serve. Some will look for property
geared up to short family holidays, others to houses that will function well as
residences for longer parts of the year. Nearby facilities will play a part too,
with differing leisure, work, transport and other considerations needing to be taken
into account.

In the case of Portugal, there is a similarity in many regards to Spain, both
because of the shared Iberian locality with sunshine and sea, but also through the
popularity with holidaymakers and the growing golf tourism market.

This perception certainly has some truth in it, Ewan McGarrie, chief executive of
London based brokerage and advisory service propertyinvestment.co.uk, has said. In
particular, he noted: \"The Algarve is known as a lifestyle destination and there are
a lot of golf courses there and a lot of expensive property.\"

Portugal has always been a lifestyle destination, Mr McGarrie explained, with those
investors entering the country\'s property market in order to take advantage of a
high level of capital appreciation passing through that period between 2000 and
2004.

\"There was always a tradition in Portugal for the seller to under-declare that
selling price but that has gradually been eradicated as a culture,\" Mr McGarrie
noted, but said this had changed as golf course developments had come to dominate in
many areas.

Despite this, however, there was still a great appeal to the country, due to its
many resources and natural attractions: \"Portugal has beautiful beaches, great
countryside, there is culture and architecture and there\'s Lisbon as well, which is
just fantastic.\"

Moreover, stated Mr McGarrie, the comparative levels of development in Spain and
Portugal meant there were more bargains in the latter due to lower levels of
development, meaning \"a lot of property prices in Portugal are cheaper than Spain\".

One particular market which is doing well is the retirement home sector. Earlier
this month homesworldwide.co.uk reported that a Saga survey identified Portugal as
the third most popular overseas retirement market for Britons. Sarah Wood, author of
Retirement Property 2007, told homesworldwide.co.uk the country not only had plenty
of facilities for older people, but also a thriving ex-pat community, plenty of
flights to and from Britain and no inheritance tax if the property is left to
Britons.

Most of all, she said: \"Portugal has an established property market that poses
little risk to cautious investors,\" which helps it compare favourably with many
other locations which might have sneaked in behind France and Spain as popular
retirement destinations.

Thus Portugal, while not having the boom appeal of 2000-04, still has a very
definite niche, one which should permit property owners plenty of reason to invest
in more than one country in the Iberian Peninsula.

In today\'s world Property investment is an excellent investment option especially
investment in UK

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