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Tourism levels in the Algarve have been rising steadily over the past years, with 2017 proving to be a record breaking one not only for the number of visitors, but also in terms of revenue.

After a 5% increase last year, the assessment banks make of real estate properties when credit is granted has accelerated in the beginning of 2018. It increase to a new record of 1.153 euros. 

Foreign buyers are helping to boost levels of real estate investment in Portugal, with experts predicting a record breaking year for 2018.

Portugal’s national flag-carrier TAP Air Portugal is to become the first airline in the world to operate the new Airbus A330neo aircraft, which is due to come into service later this year.

The Algarve has enjoyed a record breaking year for tourism with more overnight stays, income and visitors in the region during 2017 than ever before.

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