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.
Speedy Home Sales Showcase a Competitive Market
The Algarve property market has become one of the most dynamic and competitive in Europe. Recent data shows that nearly one in five properties in the region sells in less than a week, underscoring intense...