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The month of October was one of recovery for the Algarve's hotel sector, which saw its turnover increase by 2.3% compared to 2019, and 157% compared to 2020.
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The median prices for properties in Portugal has risen across the country, reaching the highest value since 2019. The highest-priced homes are currently in the Algarve, despite median prices shrinking by 0.5 percentage points.
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In the space of a decade, international demand for properties in the Portuguese market has more than doubled, but which nationalities are most interested in getting their hands on a place in the sun?
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Sales of properties in resorts grew 30% in the first six months of this year. According to the latest resort price index, resort properties also appreciated by 8.6%.
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We may be biased, but we're clearly not the only ones to think so. The best country in the world 2021 is Portugal, as named by readers of the magazine Condé Nast Traveller.
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