After a painfully slow start to the tourist season, the month of August proved that the Algarve is still the destination of choice, for those who were able to travel here at least. Algarve hotel association AHETA reports that occupancy levels across the region averaged 76% in August. This is just 17% below the 2019 figure and a huge increase on last year when August occupancy dropped by more than 60%...
Who would have expected that at the end of the first half of this year the property market would be stronger than in pre-pandemic times? Prices increased last year, by an estimated 6% on average across the Algarve, and, during the first six months of this year, we estimate that prices have already increased by at least that much again. As we see it, the market is somewhat overheated at the moment with...
Spring is well and truly in the air and it appears that at last, there is light at the end of the tunnel. Our prime minister will be announcing Portugal’s roadmap out of the lockdown next Thursday, March 11th and we are all hoping that by early April life will be back to at least the new normal we had learned to live with last year. Our lockdown seems to have worked better than anyone had expected and...
Compare listings
Compare