New Golden Visa legislation in Portugal, which will come into effect from 2025 onwards, is pushing international investors towards the Algarve’s less developed areas. Excluding towns from the eligibility list has shifted foreign buyers’ interest towards places like Silves and Castro Marim. Besides being more affordable, these places boast stunning countryside views and hold tremendous growth potential. According to industry experts, this change will distribute investment evenly across the Algarve, ensuring further development of the region’s up-and-coming towns.
Coastal Luxury Rental Properties See Record Returns Amid Tourism Boom
The tourism market in the Algarve is booming in 2025 and spurring demand for short-term rental properties along the coast. In prime locations such as Albufeira, Vilamoura, and Tavira, occupancy rates are soaring, notably in...