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Bitcoins have been hitting the headlines recently with the virtual currency turning investors into overnight millionaires and now Bitcoins are making their way in to the Portuguese real estate market.

Portugal has been ranked by International Living as one of the top destinations for pensioners.

The Algarve region has been awarded the title of ‘European Champion of the Sun – 2017’ along with the Greek island of Rhodes, for providing an average of 8.6 hours of sunshine a day.

An initiative to put Portugal "at the top of the list for business development and innovation" takes effect on January 2.