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Property on cliff with cave and sea views

 

While house prices in Portugal rose by just under 1% in April, it still represents one of the most significant monthly variations since March 2020.

Villa with bougainvilea around the arch and a garden with pool

 

With Portugal opening up to British travellers from May 17, the Portuguese Chamber of Commerce in the UK is predicting a 'flood of movers' to the country.

View of Carvoeiro beach through palm leaves

 

The residential real estate sector has been the most resilient in the national market during the pandemic. Transformation and reinvention are expected for 2021.

aerial view of villa with pool and sea in the distance

 

  

Between the first and second lockdowns in Portugal, house sales rocketed by 57%. In the Algarve, that number reached 76%.

Villa with pool and fountain plus countryside around it

Experts say that 2021 will be a “year of recovery” for the Algarve property market, largely driven by foreign investment. They highlight that British buyers will be particularly significant, despite Brexit.

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