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Algarve wine production has already exceeded one million bottles and in a decade the number of producers has tripled, after the almost total abandonment of vineyards in the region due to the tourism boom that began in the 1970’s.
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Year to date renewable production supplied 67% of consumption, divided between hydroelectric with 38%, wind with 23%, biomass with 5.7% and photovoltaic with 1.6%.
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After the government approved limitations to the Golden Visa scheme last month, here’s what you need to know about the main changes to the programme that has brought in €4.5 billion in real estate alone.
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The cross-border regions of Andalusia (Spain) and Algarve (Portugal) are working on a network of electric vehicles for tourist areas on the coast of both countries, according to researchers at the universities of Huelva and the Algarve.
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Mortgage loans granted by Portuguese banks in 2019 rose by 8.1% in 2019, according to the Association of Industrial Construction and Public Works (AICCOPN). These figures represent a decade high, having risen to €10.63 billion, year on year.
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