About Portugal Portugal Property

Portugal Property For Sale

About Portugal

In recent decades Portugal has transformed. Portugal joined the European mainstream due to the consolidation of democracy as a result of the 1974 revolution, which overthrew the authoritarian dictator Marcelo Caetano, as well as EU membership since 1986. Portugal was one of the first countries to introduce the euro in 1999. Portugal has been a progressive democracy, for over three decades now, committed to promoting free enterprise and founded on the rule of law.  

Here in Portugal, the right to ownership of property is well protected. Much of the remaining Marxist rhetoric of the original document was removed when the constitution was revised in 1989, this laid the groundwork for further privatization of government-owned communications media and nationalized firms.
  
Furthermore, the constitution was made compatible with the Maastricht treaty when it was again revised in 1992. Even though Portugal has not historically played a leading role within the EU, the country temporarily punched above its weight in EU affairs due to its six-month presidency of the Union in the first half of 2000 and the high international profile of the then Prime Minister, Antonio Guterres. 
Portugal’s profile in the EU was raised once more with the election of the former Prime Minister, Mr. Durao Barroso, to the presidency of the European Commission in July 2004. In addition Portugal’s voters recently chose a centre-right president, the first since 1974.

Aníbal Cavaco Silva won over half the vote on the 22nd of January 2006, enough to defeat five left-wing opponents without a second round.  
During his campaign as Prime Minister from 1985 to 1995, Mr. Cavaco Silva was remembered for his determination to embrace the market. He achieved this through privatisation, deregulation and aid from the EU gave rise to investment. Portugal’s social and economic prosperity will benefit as a result of his election.