INVESTING IN PROPERTY DURING A PERIOD OF WORLD CRISIS AND RECESSION ? ...LOCATION IS NO. 1 PRIORITY!
Portugal occupies the 34th position on a list of 57 countries that form part of the 2009 WORLD COMPETITIVENESS YEARBOOK, organised by the Institute for Management Development. Portugal improved 3 positions in comparison to the 2008 performance figures. This ranking shows that contrary to the European Union as a whole, Portugal gained competitiveness even during a period of World Crisis. Factors such as economic performance, basic technology, infrastructures, institutional structures, education, etc. are taken into account in this report which analyzes how a nation’s environment creates and sustains the competitiveness of enterprises. Portugal is amongst the top 5 of E.U. countries that improved their position. Following Portugal are Spain, Italy and Greece and thus Portugal has been classified as the most competitive country in the whole of Southern Europe.
Madeira Island is one of the finest places to live in Portugal. Thinking of investing, visit NOBREGA REALTY’s website for a selected portfolio of luxury properties in Madeira Island, or contact Tony de Nobrega via email for any further information on investing in property.