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The Algarve has once again been recognised as one of the premier tourist destinations in the country with nominations for the upcoming Publituris Portugal Travel Awards.
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GDP went up 0,5% compared with the previous quarter, and it rose 2,3% in comparison to the same quarter of the previous year. After a very weak first quarter, the economy is ramping up.
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For the 39th year the Algarve is host to its own regional fair, with people travelling from across Portugal to exhibit their products, skills and gastronomy in Lagoa.
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Investment in commercial real estate in Portugal broke all records during the first half of 2018 demonstrating the confidence of investors, particularly those from overseas, in the country and its commercial offerings.
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Bank real estate valuations in Portugal continue to rise with June registering the highest valuations for property in the country since 2008.
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