Portuguese Resorts Market Report

• Resorts stabilize prices, increasing 1.5%
• The number of sales was 20% above the 2nd half of 2021
• Expectations of fewer sales but robustness in prices

The Portuguese Resorts Market Report is the outcome of the new Resorts Information System (SIR-Resorts) launched by Confidencial Imobiliário magazine together with APR - Portuguese Resorts Association, with the support from the governmental agency, the Turismo de Portugal.

This system gathers the leading resorts in the regions of the Algarve and the Atlantic Coast, as well as the most relevant agents within those markets, who report, for statistical purposes, the details on each of the assets they have on sale and of all the sales they perform. This set of statistics makes of this system an essential tool for the market professionals, allowing them to access to reliable data about prices and sales, and thus serving their clients, buyers and sellers.