NEW ROUTE INTO PORTUGAL ANNOUNCED
Friday, 11 Jan 2008
A new route for tourists will be provided in Lisbon, Portugal, following the announcement of plans by the government to build a new airport on the south bank of the Tagnus river.
The international airport is expected to be completed by 2017 to cater for an anticipated increase in passenger traffic in the years to come, reports Reuters.
Improved transport infrastructure and access into Lisbon may benefit those with overseas property in Portugal given that higher levels of tourism in the country may push up house prices.
Commenting on plans for the new airport which will reportedly cost up to 4.9 billion (£3.7 billion), Santander chief economist Rui Constantino said: "The works will have a positive impact on the economy, with more employment and economic growth."
The silver coast area close to Lisbon is considered by personal finance website SaveBorrowSpend to offer bargain prices for offshore property investors on beachside developments.
Property Select offers a comprehensive selection of overseas property in Portugal, news, members club and reviews of the latest property developments.
Your Tools
Email these details to a friend
Similar News
-
Second home buyers pointed towards Portugal
Tuesday, 01 Apr 2008 -
Irish enter Portuguese property market
Monday, 17 Mar 2008 -
Portugal 'a popular destination for second home seekers'
Thursday, 28 Feb 2008 -
Portugal 'could attract more Canadian visitors'
Thursday, 14 Feb 2008 -
Rental investors 'should buy in Portugal'
Tuesday, 29 Jan 2008 -
Flights set to attract West Midlands people overseas
Wednesday, 16 Jan 2008
Similar Properties
-
Algarve Investment Portfolio
Prices from £ 0 -
- LB-P1029
São Sebastião, Faro
Prices from € 1,200,000 -
- LB-P1043
Luz, Faro
Prices from € 1,200,000 -
- LB-P1146
Odiaxere, Faro
Prices from € 1,200,000 -
- LB-P1162
Luz, Faro
Prices from € 1,400,000 -
- LB-P895
Santa Maria, Faro
Prices from € 1,200,000
Need Advice?
We at Property Select offer impartial advice on buying property overseas, contact us for more information.
We offer help booking investment trips and viewings of property, contact us today.



