Times report on european property market

[martin]

see here

http://property.timesonline.co.uk/tol/l ... 821066.ece

[e-richard]

I liked this story in Portugal News, better:
http://www.the-news.net/

Some extracts:

Portugal, along with a handful of other countries, had emerged from the house price slump.

property in Portugal remains the number one most searched for destination by Britons to buy a home abroad

all based on pretty weak stats mind you.....

And then, finally:

Explaining the shift towards Portugal by Britons looking to purchase a home abroad, homesoverseas.co.uk said that Spain’s woes, such as a string of property scandals, corruption, oversupply of housing, and dodgy legislation, such as Valencia’s ‘land grab’ law - has led people to look for property in neighbouring Portugal.

Of course, this assumes that Portugal learns the lessons from its neighbour and that the corruption, beaucracy and oversupply are not duplicated here.

We live in hope, but not in expectation.