Tourists could fuelgreater demand for homes in portugal

Portugal property agent Infinito Real believes that it could be a ‘bumper summer’ for the Portuguese property market, in spite of the country’s economic crisis, thanks to rising tourism levels.

Infinito Real, managing director, Stephen Anderson, believes that the increased tourism could be the catalyst needed to revive the market, as this is likely to translate into higher demand for rental accommodation.

Anderson expects holiday bookings to be comparable to pre-crisis figures seen in 2007, based on current data from hotel chains and airline operators.

The Algarve, one of the most popular places to buy a holiday home in Portugal, is expected to attract high proportion of the tourists visiting the country this summer.