Portugal becoming an increasingly popular option for real estate investment, it is claimed

[Nicholas Wallwork]

Despite reports about the financial state of Portugal and austerity measures being introduced the country's*real estate market offers an attractive prospect for property investors, it is claimed.

Even though financial experts, including credit agency Standard and Poor's warn that it could follow in*Greece's financial footsteps, Stephen Anderson, managing director of Infinito Real, a Portugal based group of*property investors, believes this couldn't be further from the truth.

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[Red Sun Consulting]

As always, it depends what you buy. There are certain developments in Portugal which are a true goldmine for investors. Prices are being reduced for cash-flow purposes, not because true value is reduced. Once markets recover, these particular developments will absolutely fly because they offer durable benefits - build quality, facilities and cache value. It's hard to tell which is which unless you know the area and the developers well so good advice is key.