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.
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.
The Portuguese island of Madeira has beaten hundreds of others to be placed third in the poll of Europe’s Best Islands, as voted by users of Trip Advisor. Find homes in Madeira via our property portal. Users of the world’s largest travel website Trip Advisor have named Madeira as their third favourite island in Europe. The site, with 320 million reviews, has aggregated all its reviews in the year to November 2015 and announced where users gave the biggest thumbs up. Santorini in Greece came first, Mallorca second and Madeira third.
Visitors arriving in the popular Algarve town of Vila Real will have to pay a €1 per night tourist tax this summer. Worried British homeowners are asking who will collect it from guests, while regular visitors are wondering if they must pay it each time they come. A small Algarve town has decided to impose a new tourist tax, infuriating the local hoteliers’ association.
As one famous British viticulturist is selling his Portuguese vineyard, international buyers are queuing up. A life in viticulture is never boring, says another British grower in the Douro Valley.