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Portugal's property market has seen many ups and downs in the past year, but what does 2024 hold?
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More than a third of Local Accommodation (AL) properties could be removed from the market after the Portuguese government demands proof of activity.
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Real estate investment in Portugal has dropped by 48% in a year, with residential investment starting to cool in 2023.
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Just two months after reaching a record high, new data shows a decline in the median value of bank appraisals. The Algarve still leads in terms of highest value.
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Property prices in Portugal have more than doubled since 2010 and should continue to rise, says the European Commission.
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