2016 Review of the Portuguese Property Market

For  DSP it has been another great year, for the 4th straight year since opening our sales have gone up year on year. We would like to thank all of our clients both buyers and sellers in helping us make this such a great year.

Overall in Portugal property sales are on the rise but because there are still a large amount of properties available it hasn't meant that prices have necessarily gone up but the negotiation values on the asking price have reduced. Our market this year has been primarily clients from France, Belgium and Holland, our clients from the UK dipped in the second half of the year, not because of the Brexit vote but because of the effect it had on the Pound meaning budgets had to be re-valued.

We had a fantastic hot summer added to that the success of the football team in the Euros meant that every night was party night.

With the amount of viewings already booked for the start of next year it looks like 2017 is going to be another great year for DSP and for the Silver Coast Property sector.

We look forward to seeing you all very soon.