Portugal Becoming more affordable for Britons


A survey by a leading money exchange firm has revealed that property in Portugal has become more affordable for British buyers. A combination of factors have contributed to making Portugal a less expensive country to invest in for Britons looking to the Portuguese property market, including the general prices, mortgage costs and increasingly favourable exchange rates. Property prices and mortgage repayments are now significantly lower than in 2008 in many of the UK’s favourite foreign holiday home destinations.



The pound also hit a 2009 high against the euro on Thursday 11th June 2009 when £1 bought €1.17.