Sunday, 18 August 2013

Algarve - A realistic assessment of the Real Estate and prices

An interesting 2013 article published in by John Clare about the prospects for the real estate market and price in the Algarve region of Portugal:

I agree totally with his assessment of the situation. I have been saying similar things over the past few years.

Given the existing stock of empty properties, it will take many years for prices to bounce back.