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Property sales up

Results for the first six months of 2010 have shown that the Portuguese property market has grown, indicating a return in buyer confidence levels.

National real estate company ERA has shown a 57% growth in comparison to the same period last year in the Algarve alone, while the average growth nationally for the first half of 2010 was recorded at 51%.

Meanwhile, Century 21 Portugal, the third largest real estate agency in Portugal, has also announced positive results for the first half of 2010.

The company has reported a growth of 74% between January and June 2010 in comparison to the same period in 2009.