Source: Freepik Author: Redaction According to the latest study by Condé Nast Johansens, entitled Luxury Holiday Habits, Portugal is considered the sixth favorite destination of tourists for luxury holidays . There are several tourism awards that our country has collected in recent times, continuing to build its reputation. The lifestyle reconciled with the beaches and landscapes of the Portuguese coast attract thousands of visitors every year, however, the bar is now raised by the recent study of the reference guide in the luxury travel sector, that places Portugal in the Top 10 of the most sought after countries for this type of tourism. Of the travelers who reported travelling outside the UK, Spain stands out as the preferred destination with 30 percent, then follows France (27 percent), Italy (19 percent), Greece and the United States (with 17 percent) . Portugal is in sixth position, with 16% preference. As it was possible to ascertain, the average income of tourists in the luxury segment is about 100 thousand euros per year, with the average expenditure per traveler around 8 thousand euros. Related: Cascais is recognized as Green Destination
Source: Pexels Author: Redaction The Algarve region has been affected by the lack of housing , particularly in the tourism sector, because there are no houses, there is no capture of labor . In this sense, the Association of Hotels and Tourist Developments of the Algarve (AHETA) warns of this situation, showing willingness to build social housing that houses the workers of the area. To this end, they are asking for land exchanges at more reasonable prices than those in the market, but there has never been a response from the Government, and Hélder Martins, President of AHETA, underlines: if today we have to import manpower, we can only really attract workers who come from outside if we give them housing, without that it is no longer possible. Thus, to encourage the capture of more manpower, hotels are willing to move forward with a model of simple construction, not for rich for social housing on the outskirts of the city, namely in Loulé, Albufeira and Portimão, in order to ensure accommodation, as well as transport for displaced workers. However, the President of the Intermunicipal Community of the Algarve (Amal), and also Mayor of Olhão, António Pina , reiterates that the municipalities do not have these lands to be made available , adding that, even if they had them, they would be allocated to the construction of public housing for the Algarvian, who cannot afford a house . Discover also: Overnight stays in tourism registered a slight decrease in January
Source: Turismo Centro Portugal Author: Redaction The city of Pombal is one of the richest locations in cultural heritage, offering visitors a range of places, activities, flavors and unique experiences. From the outset - and a festivity not to be missed during the month of May -, it is mandatory to visit the Pombaline Festival, which celebrates May Month of the Marquis, in honor of its rich history and origins. But before this festivity, which only takes place in two months, the city invites you to visit the Serra de Sicó , facing the Atlantic Ocean, which will take you on a journey back in time, through hills and breathtaking views . It is here that a collection of historical and cultural heritage of the rulers of the city is hosted, dating back to the reign of D. José I. Another mandatory stop is the Pombal Castle , a fortress that, despite having undergone several improvements and reformulations, retains its unique structure. What is it like to live in Pombal? Living in Pombal is a truly enriching experience . This charming city in the heart of Portugal offers a quality of life that combines the best of the rural environment with urban conveniences . Here, residents enjoy a quiet pace of life, where the community is welcoming and traditions are valued. Strategic location One of the great advantages of living in Pombal is its strategic location. Located between Lisbon and Porto, the city offers easy access to the main Portuguese cities, making it ideal for those looking for a quieter life in the countryside, without giving up the amenities of urban life. In addition, the proximity to beautiful beaches of the west coast and stunning natural countryside landscapes , provides numerous options for leisure and outdoor activities. Hospitality The community of Pombal is known for its hospitality and warmth . Here, neighbors know each other by name and there is a strong sense of belonging to the community. Residents find mutual support in times of need and come together to celebrate local festivities, as happens during the month of May. Offer of services and structures Pombal offers a variety of services and infrastructures that contribute to a comfortable life . From quality schools, to well-equipped health centres, and a wide range of shopping and dining options, residents have everything they need at their fingertips. The rich history and culture of Pombal also enrich the experience of living in this city. Historical monuments such as the Pombal Castle and the Mother Church tell the fascinating history of the region, providing unique opportunities to celebrate the traditions and cultural identity of the community. In short, living in Pombal is a rewarding experience for those looking for a quiet but enriching life, in a warm atmosphere and with a rich cultural and historical offer. And now that you know this city, why not look for some real estate options for sale at SUPERCASA ?
Source: Freepik Author: Redaction The TomTom company, manufacturer of GPS navigation equipment, has developed a Traffic Index where 387 cities were analyzed to determine which of these there is more traffic. According to the data, London, in the UK, is the city of the world where there is more traffic , followed by the cities of Dublin, Ireland, and Toronto, Canada. In the Portuguese case, as the index shows, it is in Funchal, on the Island of Madeira, where the traffic record is higher, being necessary 21 minutes and 30 seconds to travel a distance of 10 kilometers, being the only Portuguese city to integrate the Top 100 of the ranking , placing in 52nd place. Besides Funchal, there are four other Portuguese cities that appear in the Traffic index , namely Lisbon , Porto , Braga and Coimbra , in 139th, 204th, 271st and 291st places, respectively. On the other hand, the city of the world where there is less traffic, as the study found, is Oklahoma City, in the USA , where in just 8 minutes and 40 seconds it is possible to travel 10 kilometers. Did you find it interesting? Discover also: 3D houses: first models are ready , Lisbon is the 18th city with the most population in the EU and Electric cars: how do home charging work?
Source: Freepik Author: Redaction Civil servants will be granted time off on the afternoon of 28 March, Maundy Thursday . This grace was granted by the government to mark the Easter festivities, giving public workers the chance to enjoy the eve of the Good Friday bank holidays that precedes the Easter weekend, which takes place on Sunday 31 March. According to the Cabinet of the still Prime Minister António Costa, considering that it is common practice for many people to travel away from their places of residence during the Easter period in order to hold family reunions, the government has decided to grant time off in the afternoon of Maundy Thursday, 28 March, to workers exercising public functions in the States direct administration services, whether central or deconcentrated, and in public institutes . Only services and organisations that, for reasons of public interest, must remain in operation during that period, under terms to be defined by the competent member of the government will remain functional. On the subject of Easter, why not read Easter holidays: Discover the best destinations in Portugal
Source: CM Mealhada Author: Redação Located in the central region of Portugal, Mealhada is a charming city known not only for its rich history and unique gastronomy, but also for its warm atmosphere and conducive to good conviviality . For local residents and visitors, living in Mealhada is more than just living in a city; it is to immerse yourself in a vibrant community where interpersonal relationships are cultivated with affection and where quality of life is a priority. A Community Spirit One of the most striking features of Mealhada is its strong community spirit. The residents know each other by name and there is a palpable sense of belonging that permeates the entire city. The streets are the scene of spontaneous meetings, where smiles and friendly conversations are exchanged frequently. Whether in the cosy cafés or in the cultural events, it’s easy to feel the warm and welcoming energy that defines life in Mealhada. Gastronomy and Celebrations Gastronomy plays a central role in the social life of Mealhada. Famous for its roasted suckling pig, the city attracts visitors from all over the country to taste this unique delicacy. However, more than simply feeding the body, meals in Mealhada are opportunities to gather friends and family around a table, sharing not only food, but also stories and good mood. In addition, Mealhada is known for its lively parties and celebrations. From music festivals to local sporting events, there’s always something going on in the city to bring people together and celebrate community life. Traditional festivals are moments of great joy and unity, where residents gather to celebrate their traditions and culture. Nature and Leisure Although a vibrant city, Mealhada also offers a variety of natural spaces to relax and enjoy the outdoors. Manicured parks and green areas provide a peaceful haven for locals, allowing them to connect with nature and recharge their energies. Whether through a stroll through the public gardens or exploring the trails around the city, there is always an opportunity to escape the hustle and bustle of everyday life and enjoy the serenity that Mealhada offers. Living in Mealhada is more than a simple choice of residence; it is to embrace a lifestyle centered on good conviviality and appreciation of human relationships. In this charming Portuguese city, community ties are strong, gastronomy is a celebration of life and nature offers a haven for the soul. Whether you are a long-time resident or a newcomer, Mealhada welcomes everyone with open arms, offering a unique and enriching experience that will be remembered with affection for a lifetime. And if you are still looking for a home in this wonderful city, SUPERCASA has solutions that you can enjoy! Check them here .
Source: Freepik Author: Redaction The National Statistics Institute (INE) confirmed on Thursday that tourism revenues slowed down again in January, for the third month in a row. According to the statistical office, in the first month of 2024 the tourist accommodation sector saw a 1.8% growth in the number of guests , representing 1.5 million euros in revenue, while overnight stays remained stable, with 3.5 million in profit. For the third month in a row, total revenue growth slowed down , but remained positive compared to the previous year, at +9.4%, reaching 230.8 billion euros. As for accommodation, total revenue stood at 166 million euros, an increase of 8.5%. INE also reports that the average revenue per room stood at 83.7 euros , which means a growth of +7.6% in January compared to the 6.2% recorded in December, while the average revenue per available room stood at 30.2 euros. More topics that may interest you: Local Accomodation has new rules approved by the European Parliament and Hotels: average price per room increased to €141 in 2023
The World Travel Awards, known as the Oscars of Tourism , took place last Wednesday, 6 March, at a ceremony in Berlin that honoured various destinations and cities, and in which Portugal managed to shine with a total of 31 awards. The distinction, which left Portugal in the spotlight at the ceremony, honoured the country in different categories, cementing its place as the destination of choice for international tourists. For the tenth time, Madeira was voted Europes best island destination , while Porto Santo made its debut as the best beach destination. At national level, the cities of Lisbon, Porto and Braga stood out, receiving the awards for best urban destination, best metropolitan seaside destination and best emerging destination, respectively. The Azores was also honoured as the best adventure destination. As for tourist attractions and projects, the Paiva Walkways were honoured as the best adventure tourist attraction, the Mondego Walkways as the best tourist project and Dark Sky Alqueva as the best tourist attraction and best responsible tourism project. Even TAP - Transportes Aéreos Portugueses, picked up awards, taking home two honours: best airline in Europe to South America and best airline in Europe to Africa. About travelling and tourism: Discover the wonders of Portugals most beautiful roads , Best cities in the world in 2024: Lisbon and Porto in the spotlight and Vila Nova de Milfontes: a guide to living in this town
Source: Pexels Author: Redaction Located on the breathtaking cliffs of the Portuguese coast, Azenhas do Mar is a pearl that enchants visitors with its unique beauty . The little white houses adorned with tiles and the extraordinary natural landscape make this region seem like something out of a fairy tale. In addition to the breathtaking scenery, visitors can enjoy walks along the cliffs and explore the villages narrow alleys . You cant miss the watermill, which lends its name to this charming seaside village. How do I get to this small village? Located in the municipality of Colares, close to Sintra and around 40 kilometres from Lisbon , Azenhas do Mar is easily accessible by car or via the historic Sintra Tram, followed by a pleasant walk to the village, which offers breathtaking views of the Atlantic Ocean. The village offers a peaceful and relaxing atmosphere, ideal for enjoying a meal of fresh seafood in its seafront restaurants and soaking up the natural beauty that surrounds it. Gastronomy by the sea Food lovers wont be disappointed by the variety of fresh fish and seafood dishes on offer in the local restaurants. Here you can try traditional dishes such as octopus rice, codfish à lagareiro, Bulhão Pato clams and charcoal-grilled fish. And for those seeking a calmer, more relaxing environment, the natural pools invite you to take an invigorating dip, while the sunsets provide an unforgettable spectacle. Art and history This former fishing village has inspired artists over the years with its picturesque landscapes and tranquil atmosphere. Painters such as Júlio Pomar and Emílio da Paula Campos found this place an inexhaustible source of inspiration. The natural beauty of Azenhas do Mar, with its houses sloping down the hillside towards the sea, is true visual poetry, a source of inspiration for all who visit. Take a look at SUPERCASAs suggestions if youre looking for a house in this town
Source: Freepik Author: Redaction During 2023, activity in the national real estate sector was mainly marked by a challenging climate , along with a wait and see strategy on the part of investors. So, according to the Real Estate Market Overview , prepared by Savills Portugal and sent in a statement to SUPERCASA Notícias , discover the main indicators of the national real estate market for 2023. Investment At the end of 2023, Portuguese real estate investment stood at 1.6 billion euros, marking a 50% drop compared to the previous year. This scenario reflects the trajectory observed across the European continent, which has seen a sharp decrease in investment volumes. In 2023, with the exception of the retail and hospitality segments, all the others saw significant drops in investment volumes compared to 2022. Investment in the hospitality sector totaled 571 million euros, demonstrating a clear interest and commitment on the part of investors in this segment. It is important to note that, for the first time, investment in alternative segments exceeded the volume of investment seen in the star and more traditional segments , with investment of more than 100 million euros in student residences located in Lisbon and Porto standing out. In 2023, 79 investment transactions were concluded, 54% of which were signed by national investors, representing 30% of the total volume of real estate investment. Alternative Segments - PBSA (Purpose Built Student Accommodation) This segment has been one of the most dynamic in real estate . In 2023, there was a 3% increase in the number of students compared to the previous year, demonstrating that, despite an uncertain economic context, families continue to prioritize access to higher education, with demand for student accommodation continuing to grow. However, the reality of the PBSA segment in Portugal has been marked by a shortage of student accommodation , which is one of the major challenges facing the government, universities, families and students. The current supply in the cities of Lisbon and Porto is just 3,800 beds, serving only 2% of the total number of students enrolled in higher education in Portugal. There are currently 23 operators in Portugal, offering a total of approximately 9,600 beds. Offices At the end of 2023, the office market in Lisbon had an absorption volume of 112,474 m2, a decrease of 59% compared to 2022 , a trend consistent with other European markets. The year ended with 152 transactions. Prime rents ended the year at €28/m2/month, indicating an increase of 8% compared to 2022. This increase underlines the resilience of all market fundamentals. In addition, the average rent for the Prime CBD zone closed at €23.81/m2/month, reflecting an increase of 9% compared to 2022. Portos office market, on the other hand, had a total take-up volume of 50,048m 2 , reflecting a decrease of 14% compared to 2022. Despite this, the Invicta city maintained a resilient level of activity, recording 64 transactions. Looking to the future, the city of Porto foresees a substantial pipeline over the next two years, covering around 90,000 m 2 . Among the most emblematic projects planned are the Slaughterhouse, VIVA Offices and Mutual. Industry & Logistics In 2023, the Portuguese industrial and logistics market demonstrated robust activity, totaling a take-up of approximately 430,000 m2, with logistics operations accounting for 300,000 m2 of this figure. However, after two years of historic occupancy volumes, 2023 saw a decrease of -16%. In Greater Lisbon, 70% of the Gross Lettable Area (GLA) occupied in 2023 was dedicated to logistics, with 85% of this space exceeding 5,000 m2 and being used by distribution and logistics operators. Meanwhile, in the North & Porto region, the total take-up volume reached 125,111m2, up 4% on 2022, with logistics operations making up 65% of the total volume of closed transactions. With a logistics stock of around 3.3 million m2 in Greater Lisbon, demand for prime assets is becoming increasingly competitive, especially with regard to ESG & Sustainability standards. Retail 2023 proved to be a year of resilience and adaptation for the Portuguese retail market. Despite facing macroeconomic headwinds that impacted private consumption, the retail segment overcame the challenges with innovative approaches. In a context of economic uncertainty and changing consumer behavior, the sectors turnover index contracted by 0.8% over the course of 2023, following growth of 4.7% in the previous year . Portuguese families, who have a greater propensity to save, contributed to the decrease in turnover, reflecting a cautious approach in a context of economic pressure. However, there was room for various retail sectors to prosper, as was the case with food distribution and low-cost non-food retail concepts , which emerged as the most resilient segments, recording growth and defying market downturns. In addition, demand for proximity retail continued on an upward trajectory, highlighting consumers preference for convenience and accessibility. In particular, high street retail saw significant activity, driven by growth in the tourism sector. In cities such as Lisbon and Porto, there was an increase in new high street stores, with a notable presence of brands catering to various sectors, such as catering, fashion and lifestyle. Residential The national residential market has faced significant challenges due to rising construction costs , with a direct impact on the value of properties for customers. The predominant challenge continues to be the cost of labor, largely attributed to its scarcity. At the end of December 2023, construction costs had risen by 1.8% year-on-year. House sales in mainland Portugal, particularly in Greater Lisbon, Greater Porto and the Algarve, fell by approximately 17%, 24% and 25% respectively. The cautious economic scenario also had an impact on the number of dwellings licensed in Greater Lisbon, with a significant drop of 33.6% compared to the previous year. On the other hand, Greater Porto ended 2023 with positive results, showing an increase of 14% compared to 2022. The new Simplex Urbanístico promises to address these issues and simplify licensing processes, but these effects have yet to be felt in the market. As far as the rental market is concerned, Lisbon and Porto have seen price increases and decreases in the number of contracts signed, driven by the rising cost of housing. At the end of 2023, average rental prices peaked in Lisbon and Porto at 19.9 €/m2 and 16.3 €/m2 respectively, reflecting increases of 22.8% and 25.4% respectively. 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Source: Freepik Author: Redaction Local Accommodation (LA) will have new rules to prevent fraud and allow local authorities to create appropriate policies , which were approved by the European Parliament last Thursday, February 24. A proposal to harmonize the rules on collecting and sharing data on short-term rental services , which accounts for 25% of tourist accommodation in the European Union (EU), was presented at the plenary session of the European assembly. By changing the rules, MEPs want to promote a transparent and accountable platform economy in the EU, while protecting consumers from fraudulent short-term rental offers, says the European Parliament. Applicable within two years, after the Council adopts the text of the regulation and it is published in the Official Journal of the EU, the new rules for Local Accommodation will include mandatory registration and data sharing for properties located in areas where there is a registration procedure , such as on digital platforms. In addition to this measure, EU countries will have to establish a single digital entry point that receives data from platforms on hosting activity on a monthly basis , in order to verify that the host is complying with the registration process and apply appropriate policies in the short-term rental sector. In this way, the digital platforms that intermediate short-term rental services become responsible for ensuring that the information provided by the hosts is reliable and complete, as well as making efforts to carry out random checks on the information , adds the institution. We also recommend: ALEP submits complaint against Mais Habitação measures , New rules in LA: EU seeks to create more transparency and INE confirms increase in consumer confidence in February