Expensive property market

Dear Editor,

I have been considering numerous times to purchase a property in Portugal.

But even in this buyers’ market, owners are unwilling to ask realistic prices for their property.

Why should I buy an apartment for €345,000 when I can rent it for €1,000 or less? 

Have you ever given some attention to the http://www.nytimes.com/interactive/business/buy-rent-calculator.html?

Mary Fisher, by email