China drives Portuguese property growth
February 12, 2015 - Portugal
More than one in five properties sold in Portugal in 2014 went to an overseas investors, according to the Portuguese real estate Agents Association.
While Britons led the way, Chinese buyers were close behind.
China is increasingly influential on the global world stage, buying up property in a range of countries, from the US - where it was the biggest spender in the 12 months to March 2014.
And while Chinese buyers prefer two-bedroom flats around £400,000 in London, in Portugal, they prefer homes in Cascais, near Lisbon, as well as villas in The Algarve (Faro).
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