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According to industry experts, there is little doubt that house prices in Portugal will drop as a result of the COVID-19 pandemic. This comes after the property market reached record peaks in 2019, with expectations set equally high for 2020 (see here).

The COVID-19 pandemic has had strong repercussions across sectors and industries at a global scale. But despite the chaos, this could be a good time to search for a property and prepare the purchasing process, all from your own home.

Even in uncertain times, the Algarve continues to pick up awards recognising excellence in tourism. The Publituris Portugal Trade Awards 2020 recently distinguished three entities in the region, including award veteran, the marina of Vilamoura.

The Algarve region has been named one of the top golfing destinations for retirees by the New York Times, following the results of a recent survey conducted by Ideal Living Magazine.

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.