Foreigners can easily buy property in both Spain and Portugal and both countries encourage foreign investors. The comfortable climate, affordable prices and short distance from most European countries, have made both countries popular for anyone looking for a vacation home. The low cost of living in Portugal has made the country attractive to European retirees since the European Union made it possible to keep your pension while living in another European country. Retirees can enjoy a good pension from their native country and increase their quality of living in Portugal. The average price per square meter in Portugal is US$1500 for a flat, compared to US$3000 in France.
Attached to: The Most Expensive Real Estate Cities in the World
