Property Prices " confused "

Share experience regarding ownership of property and/or living in Portugal.
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EMM
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Property Prices " confused "

Post by EMM »

Figures from Yesterdays Sunday Times.

Fall in Prices Sept 2008- Sept 2010
AUA -52.1 %,Lithuania-38.2%,Bulgaria -34.8%, Iceland -24.7%, Russia -24.3%, Ireland -21.9%,Greece -13.8%, Spain -12.2%, Croatia -10.9%. USA - 6.8%.

The article was about the bargains to be found in Spain and that now is a good time to buy as it is thought the worst is over ?
It also reports what we have seen in Portugal. the active buyers are not Brits or Irish but others from within the Euro Zone.

Portugal is not even mentioned !!! ???
blue
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Location: Nr Algoz

Re: Property Prices " confused "

Post by blue »

I thought it was Russians & other eastern europeans who were the big buyers in the Algarve now.
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