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An increase in British tourists to the region and a rise in turnover helped to make September a positive month for tourism in the Algarve.
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As demand for properties in the Algarve soars (read more here), making it harder than ever to purchase a home in this sought-after area, it is crucial that buyers rely on the help of local real estate experts. This was the conclusion of the director of the Luxury Property Show, Jana Korpova-Harris, who shared her insights into the hottest places to buy overseas.
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The bank explains that the new growth forecast of 2% is due to the revision of data for 2017 and 2018 by INE.
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Real estate investors are rushing to launch projects by the end of the year, according to the first results of the Portuguese Investment Property Survey. Presented during the SIL property fair, the study reveals that 75% of property developers plan to launch new projects within the next three months.
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Renewable sources accounted for 43 percent of the energy consumed in Portugal in September, against 42 percent from non-renewables, and with the remaining 15 percent imported.
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