Positive Portugal: Buyer confidence up as new property show announced

Positive Portugal: Buyer confidence up as new property show announced

The newly released RICS/Ci Portuguese Housing Market Survey has recorded a positive rise in buyer confidence in the Portuguese housing market, as well as property sales in the country, showing that Brits are again looking to European shores when buying property overseas.

  • Growing interest in Portuguese property from prospective buyers; rise in number of properties sold (RICS/Ci Portuguese Housing Market Survey)
  • The Overseas Property Show Friday 16th to Monday 19th May 2014 at National Motorcycle Museum, Birmingham
  • Tony and Belle Birkbeck, from Epsom, Surrey, recognise benefits of visiting show and bought in Portugal

The Survey, which covers estate agents and developers who operate in the Portuguese residential sales market, highlighted a growing interest from buyers in property for sale in the country, with increasing numbers of new buyer enquiries. Not only this, but the survey also revealed that there had been a moderate rise in the numbers of properties sold in the country as well as steady activity in the lettings market.   Having been party to the downturn in the global housing market, these are all positive signs that the industry is again on the up, reflected also in the announcement of a new property show in the UK, focussing on the options available to buy in key overseas markets including Portugal.

The Overseas Property Show, taking place from 16th – 19th May at the National Motorcycle Museum, Birmingham will give people the chance to find out about the types of properties being offered on foreign shores and will see a host of overseas property experts on hand to answer any questions about purchasing property overseas.   The show will provide important assistance on every aspect associated with buying outside of the UK, from currency to mortgages to legal requirements, providing advice for those considering purchasing as an investment option, holiday home or even for relocation reasons.

Chris White, Director of The Overseas Property Show, explains,   “The fact that prices remain affordable in many overseas markets, yet with increasing buyer confidence, means that now is a fantastic time to look at buying that dream home abroad. We hope that through The Overseas Property Show, those considering making such a purchase, for whatever reason – be it personal or financial – will feel empowered through the knowledge that they gain after talking to our experts. Our aim is to make the process easy and stress-free, and the Property Show educational and fun!”

Covering the popular markets of Portugal, Spain, Italy and Florida in the US, The Overseas Property Show will also offer visitors the chance to learn about the types of apartments and villas available in the locations covered and the property bargains on offer, starting at as little as €79,000.

Tony and Belle Birkbeck, from Epsom in Surrey, know only too well the benefits of visiting a property show, having purchased their perfect overseas home after visiting an exhibition in London last year. The couple bought a holiday home in Portugal after holidaying there for many years and deciding they wanted their own bolt-hole in the sun to escape to for rest and relaxation.   Tony explains how a visit to a property show helped them to make their dream a reality,

“I wasn’t really thinking about buying a holiday home but watching ‘A Place in the Sun’ with my wife got the cogs turning. Out of the blue I got an email regarding a property show in London and as I happened to be in London when the show was on we set off to see what is was all about.

“We ended up buying through Ideal Homes International who were incredibly helpful. From meeting the staff from at the show who started our journey of finding the perfect property, the whole of the team has shown a professional and accommodating manner throughout. We are over the moon with our new home!”

Ideal Homes International will be one of the companies represented at The Overseas Property Show and tickets for the event are free. Open into the evening, from 10.30am until 7.00pm (6.00pm on the Monday), there is plenty of opportunity to visit the show, which is being held in the Museum’s ‘Bracebridge Suite’.

To reserve free tickets for The Overseas Property Show, call 0800 133 7644 or email info@theoverseaspropertyshow.com or for more information, visit www.theoverseaspropertyshow.com