Why Portugal

Why Portugal

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Here's why you should be investing in Portugal Property

 
Europe's best kept Secret?
 
In the past Portugal was often referred to as Europe's best kept secret, today this is no longer the case, Portugal is now front and centre on the world stage as one of the most exciting countries in Europe to visit and live.  International celebrities who also looked for property for sale in Portugal, are now residents in Portugal, they include Madonna the queen of rock and Eric Cantona, former Manchester United and French international footballer, who now own Portugal Property.
 
Portugal is an unspoilt natural paradise with stunning contrasts from; Porto and the vineyards of the Douro Valley; to the historical coastal villages of Nazaré, São Martinho do Porto, Obidos and the beaches on the Silver Coast; to the cosmopolitan centres of Lisbon, Estoril and Cascais on the Lisbon Coast, to Sesimbra, Troia Island and the turquoise waters on the Blue Coast; to the university town of Coimbra and the snow capped mountains of Serra da Estrela; to the castle town of Evora and the cork plantations of the Alenteijo; to the towns of Albufeira or Tavira, the world-famous resorts of Vilamoura World, Val da Lobo, Quinta do Lago and the golden beaches of the Algarve.
 
Portugal is one of the oldest countries in Europe, located on the south west coast of Europe sharing its borders with Spain (North & East) and the Atlantic Ocean (West & South). With a coastline, of never ending beaches, that stretch from Viana do Castelo in the north on the Atlantic coast to Vila Real de Santo Antonio on the Spanish border, with its typically Mediterranean climate.
 
Portugal is a cosmopolitan country, the home of Henry the Navigator and Vasco da Gama, with a rich sea fairing heritage and has for centuries witnessed all nationalities embarking and disembarking from great voyages of discovery. Portuguese, have through the centuries become accustomed to traditional visitors from both the “Old World” and exotic visitors from the “New World”.
 
 
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Good food, good wine and good people, Portugal is a peaceful nation on the most westerly coast of Europe.
 
Portugal’s greatest export is the hospitality of it’s people, the Portuguese are a kind, friendly and peaceful nation that welcomes all nations, languages and creeds with open arms. Portuguese tend to be multilingual, with over 60% of the Portuguese speaking a second language, a skill learned in finding the routes of discovery to the Far East and the Americas. Portuguese will speak English, French, Spanish and to a lesser degree Italian and German. Mandarin has become more prevalent in recent years as the Portuguese welcome Chinese to Portugal. It is not uncommon to find visitors to Portugal speaking in their mother tongue on the assumption that the Portuguese should understand. Unlike many of our European neighbours the Portuguese have become accustomed to tuning in their ear in an attempt to make all visitors feel welcome. When foreigners choose Portugal as their home the Portuguese do everything possible to make you feel welcome even going so far as to offer free Portuguese language lessons in most villages.
 
Portugal receives visitors with “Beijinhos e Abraços” (kisses and hugs), “Bem Vindo a Portugal” (welcome to Portugal).
  
 
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Established Democracy
 
The consolidation of democracy since the peaceful revolution of the Carnations in 1974, which overthrew the authoritarian dictator Marcelo Caetano, and EU membership since 1986 has brought Portugal into the European mainstream. In 1999 Portugal was one of the first countries to introduce the euro. For over three decades now, Portugal has been a progressive democracy founded on the rule of law and committed to promoting free enterprise.
 
While Portugal did not initially play a leading role within the EU, its six-month presidency of the Union in the first half of 2000 and the high international profile of the then Prime Minister, enabled the country to make an impact in EU affairs.
 
The election of the former Prime Minister, Mr. José Manuel Durao Barroso, to the presidency of the European Commission from July 2004 - 2014, further raised Portugal’s profile in the EU. He was followed on the international stage by another Portuguese former prime minister, Antonio Guterres who has been General Secretary of the United Nations since October of 2016. Since early 2018 the Portuguese finance minister, Mário José Gomes de Freitas Centeno, has been the president of the Eurogroup and Chairman of the Board of Governors of the European Stability Mechanism.

Portugal is a stable democracy with no internal political strife, with no radical elements operating on the fringe of society. The current government in office is a coalition lead by the prime minister Antonio Costa leader of the Socialist Party (PS), which is considered a centre left party. Antonio Costa assumed the office of Prime Minister on 26 November 2015, his government has managed to combine fiscal discipline with some incentive measures to support growth in the Portuguese economy, in many cases reversing some of the austerity measures of the previous centre right government. In general the Portuguese population have been positive about his tenure in office and it is expected that he will win the next general election. His potential re-election bodes well for Portugal’s social and economic prosperity.
 
 
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Peaceful Country
 
Portugal is a Roman Catholic country, while the Catholic church has experienced a reduction in the numbers of practising Catholics, over 90% of the Portuguese people still consider themselves Catholic. Despite being a predominantly Catholic country, Portugal has entrenched in its constitution the freedom to practice religion.
 
Often considered a conservative country, Portugal has a liberal approach in regards to the rights of it’s citizens. The Portuguese government has shown supported for its LGBT community, being one of the first countries to recognise same sex marriages.
 
The Portuguese are culturally a peaceful nation, preferring to avoid conflict in their interaction with others. The crime rate in Portugal is almost negligible in comparison to other countries in the world, in 2017 Portugal was named by the Global peace index as the third safest country in the world.
 
Portugal also shares a positive and peaceful relationship with its neighbours and former colonies, i.e. Brazil, Angola, Mozambique, Guinne Bissau and East Timor, with over 260 million people around the world speaking Portuguese. It is not uncommon to find the Portuguese supporting Brazil or Angola in football competitions and vice versa. In Portuguese speaking countries outside of Portugal it is not uncommon to find loyal supporters of Portugal’s three leading football clubs; Benfica, Sporting Lisbon and Porto.
 
 
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Infrastructure
 
The European Union between 2000 and 2006, invested €25 billion in Portugal to massively improve the country’s infrastructure. Roads and transport links were significantly upgraded, motorways cross the country connecting all the major Portuguese centres including neighbouring Spanish cities; Madrid, Seville and others. There has also been huge investment in the upgrading of the airports of Lisbon, Porto and Faro to accommodate for the huge increase in visitors to Portugal. Lisbon, Humberto Delgado airport processed over 26 million passengers in 2017 which was an increase of over 18% on the previous year. Porto, Francisco Sá Carneiro Airport surpassed 10 million passengers which is a 16% increase for the same period in 2016. In November 2017 Faro airport reached a milestone of 8 million passengers per annum, with national and low-cost carriers like BA, EasyJet, Ryan air, TAP, Jet2, TUI and others.
 
The Portuguese as part of its strategy to improve the infrastructure of the country it also included in that plan hospitals, Schools and services. The Medical, Education, Electricity, Telephone and clean water are available to all its citizens providing a good standard of living for all.
 
Portugal has entered the electronic age as a leader, citizens are able to communicate via the Internet and attend to: banking, bill payments, administrative issues from anywhere in the world. Penetration in Portugal of the Internet access service in 2018 at a fixed location was 33.6% per 100 inhabitants in the case of fixed accesses and 65.2% per 100 inhabitants in the case of mobile accesses with actual use. Penetration of residential fixed broadband service was 69.9% of conventional dwellings and 48.1% of private households. (anacom.pt).
 
 
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Secure Investment Location
 
Portugal meets all the criteria for a low risk investment location to look for houses for sale in Portugal. It has been a member of the European Union since 1986 and part of the single currency since its inception in 2002. Portugal has a stable government and has enjoyed steady economic growth since the global crises.
 
Portuguese by their nature are conservative therefore Portugal has not experienced the peaks and troughs of fellow European Union member states. Since the crises Portugal has experienced economic growth, with increaing numbers of investors looking for property for sale in Portugal that has been steadily growing and the proof of Portugal's continued success.
 

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