“Retired foreigners” blocking oil exploitation
Find homes in Algarve via our property portal. With licenses being issued for oil and gas exploration off the coast of the Algarve, the war of words between campaigners is warming up. It’s our oil, says the government. It’s our homes and future, say residents, many of them from overseas. A former government minister has slammed “the Algarve’s retired foreigners” for trying to block oil exploration in the seabed below the Atlantic Ocean close to the Algarve. Former Environment Minister Jorge Moreira da Silva told a government committee that the foreigners were acting in bad faith by protesting
Royal Institute of Chartered Surveyors says 4% annual rise expected
Find homes in Portugal via our property portal. Property prices are rising at a steady and sustained rate across the Portuguese property market, from Porto to the Algarve The leading survey on Portuguese property price expectations, the Portuguese Housing Market Survey (PHMS), is firmly in positive territory this springtime.
The Algarve celebrates 50 years of golf
Golf is 50 years old in the Algarve this year, making it a special time to visit. So if you’re planning a viewing trip there soon, why not squeeze in a round or two? Fifty years after the first golfer teed off in Portugal’s Algarve, this famous stretch of coastline is today one of the world’s most desirable golf destinations with a thriving international property market.
