This is according to the latest 2020 Global Peace Index (GPI), by the Institute for Economics & Peace, which compiles the 'ranking' of the world’s safest countries. Portugal’s Ministry of Home Affairs has said it is happy with the results. Portugal is the third safest country in the world to live and work according to the Global Peace Index. Portugal appears in third position, after Iceland and New Zealand. In 2014, Portugal ranked eighteenth on the Index, having climbed to third position in 2019.

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.