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Investing abroad could be lucrative

5th June 2008: Algarve & Costa de la Luz Property News

British investors have been told that the current downturn in the property market could make a foreign investment, such as Algarve or Costa de la Luz property, a better option.

The Telegraph stated that house prices in the UK are currently falling and are not likely to increase significantly in the foreseeable future.

By contrast, it stated that many foreign countries are seeing considerable growth in their housing markets, which means that properties are appreciating in value.

The Telegraph commented: ''UK property prices show no signs of lifting in the near future - quicker gains may be found by investing overseas.'' Meanwhile, the Sunday Mirror has reported that more and more British first-time buyers are choosing to enter foreign property markets.

Contact us with your requirements today for a tailored portfolio of property in the Algarve or Costa de la Luz.

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