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It was yet another year of uncertainty and, yet again, the real estate market countered all expectations. Over the course of 2021, house prices in Portugal – and particularly in the Algarve – continued to rise.
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Investment in real estate through the Golden Visa scheme fell by 33% in the last year – and that's before the new changes came into force on the first of this month.
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Uncertainty related to Covid-19 will continue, asset returns will unify and hybrid work will accelerate. These are some of the predictions for the real estate market in the year ahead.
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What do Marinha, Falésia, Meia Praia, Odeceixe and Manta Rota have in common? They're just some of the many beaches that have brought the Algarve the title of World's Best Beach Destination.
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In the era of remote working, digital nomads can choose to work anywhere they want, and they're choosing Portugal. The trend isn't only stimulating the real estate market; it's also a great opportunity for investors.
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