Just thought people would like to know that Portuguese banks are still offering great rates on mortgages unlike to UK. They are also not difficult to obtain. This is a good way to ofset the sterling/euro problem. This coupled with the fact there are still 5 and 6 star resorts being built a new F1 approved track and low density building overall make the Algarve a great place to invest still. Properties can still be had in beach locations for under 100k. Almost all UK airports also serve the Algarve all year and with great weather I believe it is much better tan any alternative.