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The picturesque fishing village of Ferragudo, located between Carvoeiro and Portimão, is set to receive a facelift to help create a more welcoming environment for visitors.
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House prices across Portugal are set to rise by an average of 6% over the next five years according to the new Portuguese Housing Market Survey.
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Portugal’s prime minister this week announced that US-based multinational Google is from June to set up a new service centre and technology hub for Europe, the Middle East and Africa in Oeiras, outside Lisbon, initially with 500 jobs for highly qualified people.
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Tourism rates in the Algarve were back up to levels seen in 2000, before the global economic crash, signifying the return to success for the region in the sector.
According to the Association of Hotels and Tourism Businesses of the Algarve (AHETA), the average occupancy rate in hotels and tourist accommodation during 2017 was at 65.5%
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The Algarve golf industry has started 2018 by winning two new international accolades from the magazine, ‘Today's Golfer.’
As part of the 2018 Annual Travel Awards, the Algarve won ‘Best Golf Destination in Continental Europe’ for the second year running and ‘Best Value Golf Destination in Continental Europe’ for the fifth time since 2012.