Wealthy Americans are spiking Portugal’s Algarve housing market

The Algarve, the sunny southern coast of Portugal, is more popular than ever with visitors, and the region’s housing market is booming as a result. Real estate agency Savills says that in the past year, prices for prime properties in the Algarve have risen by more than 30 per cent.

The Algarve, the sunny southern coast of Portugal, is more popular than ever with visitors, and the region’s housing market is booming as a result. Real estate agency Savills says that in the past year, prices for prime properties in the Algarve have risen by more than 30 per cent.


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