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While the price of homes in Portugal increased last year, bank valuations remain below market values, says a new study. In the Algarve, property prices are up to 40% higher than valuations.
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Digital nomads discovered Portugal some time ago. Now, a new remote worker has emerged – the executive nomad –, and they too have found their 'office' in sunny Algarve
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Recent global events may have shaken the world, but Portugal's property market remains unscathed. Prices keep going up, supply is going down, and the Algarve is where it's most noticeable.
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The world has witnessed significant events over the past two years and the real estate market has adjusted accordingly. Resilience, redefined luxury and the human touch are the key trends for this year.
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The already high-performing real estate market in Portugal is set to grow even further in the next 12 months, according to a recent study.