After a period with little news about the realities of impending Brexit for expats in Portugal and elsewhere, solid details have finally started to emerge.
A weaker exchange rate isn’t deterring British buyers, we’re just dropping our budget. Even at lower prices the dream of owning a property in the sun goes on.
Shortage of new houses, a strong economy and low interest rates is adding up to stifled demand at the affordable end of US property. That’s the opinion of America’s top property analysts.
Spain is in the midst of political turmoil that could directly affect British rights post Brexit. With elections coming thick and fast, read our guide to Spain’s big issues and main political parties That old Chinese curse “May you live in interesting times” seems about right for the political situation in Spain right now. It’s easy to forget that Spain only really became a modern democracy in the late 1970s after Franco died in 1975 – do you remember footage of the attempted coup in 1981? – and for local people it is a right not to be taken for granted. If you’re new to Spanish politic
950 years ago on 14th October, the Normans defeated the English army at Senlac Hill in Sussex. These days the traffic is the other way, as the British pop across the Channel to grab a piece of the lovely towns, pretty houses and beaches of Normandy
The two key themes of the Portuguese property market today are shortage of supply and increasing demand. For people with a financial stake in the country, that adds up to a good thing.
