New airport 'could boost demand for Portuguese property'
The development of a new airport in Portugal could boost demand for property in the country, experts have stated.
According to the Foreign Property Buyer website, the forthcoming transport hub near Lisbon is likely to generate additional interest in the region, driving up rental demand and house prices as a result.
The online portal said this could make it a tempting option for overseas property buyers to consider, especially as some have been priced out of other parts of the country.
Commenting on the area's investment potential, the website stated: "The Blue and Silver Coasts offer an attractive alternative for overseas property investors with plenty of good opportunities to be found."
Foreign Property Buyer added that the region could be "the perfect place" for overseas investors to boost their portfolio.
The airport will be based south of the Tagus River - 11.7 miles from Lisbon - and should be up and running in 2012.
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