Portuguese agency expands to cope with surge in overseas demand

Portuguese agency Infinito Real has taken on four new members of staff to cope with a surge in activity as “cheap prices and high-interest savings accounts attract seasoned investors and amateur overseas landlords to the market.”

Viewing rates in November and December mushroomed three-fold year-on-year and “appointments were up 10 times more than that.”

Infinito Real managing director Stephen Anderson welcomed the upturn, telling OPP this week that “what's unusual this year is that booking levels are such that we are busy right through December, even over Christmas, which is traditionally quiet within any property market.

“In the last month I have taken on four new members of staff to ensure we are able to continue providing a personal service for those coming over to view properties.” And, “in contrast to previous years, bookings are predominantly investor orientated rather than the usual holiday home enquiries.”

Source: OPP.org.uk