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Bank lending available for property in Portugal

Homes Go Fast 27.06.2012
Bank lending available for property in Portugal

A leading overseas mortgage specialist has seen an increase in enquiries for property in Portugal over recent months, with buyers looking to snap up a bargain in the country. Conti, an overseas mortgage expert, now says that Portugal is the third most popular destination with overseas property buyers looking for a foreign home loan.

Portuguese residential property market still weak, new survey shows

The residential property market continued to be weak in Portugal in February in terms of both sales and prices with all sectors experiencing falling demand.

Portugal 'expecting rise in distressed property for sale'

The volume of distressed property in Portugal is expected to increase over the first quarter of 2012, compared to the final three months of 2011.

New ways of financing property purchase in Portugal

Infinito Real, a Portugal based property agent, has found that with bank lending continuing to be the main stumbling block in the Portuguese property market, investors and developers are now looking at new ways in which to side step the banks allowing them to secure a deal.

Obidos, a town in central Portugal. Falling property prices are creating good investment opportunities for buyers in this part of the country. Photo: Jon Arnold Images Ltd / Alamy

Estate agents and developers in Portugal are growing increasingly pessimistic about the country’s property market, a report suggests.

International property buyers ‘looking to Portugal’

Chris Moore Halifax International 17.07.2009

When building stops stone dead

Mark Mulligan Financial Times 09.03.2009
International property buyers ‘looking to Portugal’

New research reveals that real estate in Portugal is continuing to appeal to those looking to invest in international property.

When building stops stone dead

On a narrow street in Madrid's Bohemian Chueca district, there is a smart, renovated apartment block that should be teeming with trendy young urbanites.

Giant Spanish property fund hit by mass investor pull-out

Jesus Segarra Sobral Citywire 05.03.2009
1 million euros discounts on luxury property

The financial crisis sweeping the globe is also starting to affect the luxury real estate market in Spain. More and more seller of villas and luxury houses are beginning to understand that if they want to close a deal, they have to listen to the real estate agents and assume significant discounts on their selling price.

Giant Spanish property fund hit by mass investor pull-out

The Banif Inmobiliario fund from Santander Real Estate has suffered a 7.5% downward revaluation of its portfolio, although this is still a better figure than market expectations, Expansión reports.






 
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