04.05.2011 - Portuguese property prices continue to fall
Commercial property investors could be looking to Portugal for their next purchase after it was reported that prices are continuing to fall in the country. The Royal Institution of Chartered Surveyors (Rics) revealed that property investment costs are dropping at a rapid pace in the European nation. Its March 2011 Rics/Ci Portuguese Housing Market Survey showed that the national activity index dropped by two points to minus 26, while the national confidence index in the property market declined by 22 points to minus 51..............................................Full Article: Source
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