Any expected fall in the Portuguese real estate market has not yet occurred, with prices in Portugal instead rising 5.9 percent in 2020. House prices rose 5.9 percent, reaching €2,147 per square metre (m2). In relation to the quarterly variation, the increase was 2.7 percent in the last quarter of the year, according to the price index from Idealista. In the third, second and first quarters, prices had grown by 1 percent, 0.5 percent and 1.6 percent, respectively.

What are the predictions for the 2023 housing market in Portugal? Is it better to rent or to buy? How are prices being affected due to rising interest rates, inflation, and the war in Ukraine? These are questions frequently asked by foreigners seeking guidance in unfamiliar territory.

Portugal has been recognised as the best place in the world to retire to in 2023 according to the Annual Global Retirement Index from International Living.

For the first time, the Algarve has picked up the award for the Best Beach Destination in the World from the 2020 World Travel Awards. Following being given the distinction at a European level, the Algarve has beaten off competition from around the world to be crowned the best beach destination, coming ahead of 18 other nominees which included destinations in the Maldives, Thailand, Jamaica, Mexico and the USA.

The American economy site Business Insider has put together a list of 100 beaches from around the world that all citizens should visit "at least once in life"and two of them are in Portugal (Algarve), Praia de Benagil, and Caneiros Beach (in the municipality of Lagoa) , are considered by the site "must-see".