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House prices in Portugal continue to rise across the country with the real estate market registering a 5.39% increase during 2018.

Portugal is ready to accept a postponement of the UK’s formal departure from the European Union, its minister of foreign affairs, Augusto Santos Silva, has said.

The Algarve real estate market continues to see prices increase across the region, however prices are lower than that registered on average across Portugal as a whole.

Tourism revenue in Portugal increased by 9.6% to a new record of €16.6 billion in 2018 compared to the previous year, the government revealed on Wednesday.

The Chinese ambassador in Portugal, Cai Run, has noted that Chinese investment in this country has increased by 7.27% in 2018, reaching €5.24BN.

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