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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.
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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.
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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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Housing credit in Portugal has hit a new high with banks making almost €10 billion available in housing credit.
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The December 2018 RICS/Ci Portuguese Housing Market Survey (PHMS) has shown stabilisaton in the real estate market in the country.