October 2023

Portuguese Resorts Market Report

  • Resorts increase prices, despite cooler future expectations
  • American continent gains share in international acquisitions
  • Supply in the Algarve at 15-year lows

 

The Portuguese Resorts Market Report is produced by Confidencial Imobiliário magazine, in partnership with APR - Portuguese Resorts Association.

It was launched along with the Resorts Information System (SIR-Resorts), a database that gathers the leading resorts in the regions of the Algarve and the Atlantic Coast, as well as the most relevant agents within those markets. Those players report, for statistical purposes, the details of each house for sale and on all the transactions performed.

This set of statistics makes of this system an essential tool for the market professionals, allowing them to access reliable data about prices and sales, and thus serving their clients, buyers and sellers.

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