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Portuguese Hotels registered 2-digit increase in overnight stays in February.

According to INE, overnight stays increased in Portugal 15.1% in February 2016compared to the previous year. The destination with the largest growth was the Azores (+ 57.2%), followed by the Algarve (+ 23.4%).

However, Lisbon remains the destination with more overnight stays with 27.2%, followed by the Algarve (25.9%) and Madeira (18.1%).

Source: Vida Imobiliária

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Lisbon – the ninth city for investments in Europe

New and Old districts of Lisbon, Portugal, EuropeAccording to PwC consultant, in 2015, Lisbon is the ninth city preferred by European investors to bet in real estate. The ranking rose up 17 positions in a year.

The dominant feeling among professionals who participated in this study is that “Portugal is back on the radar of investors” and that the country “has regained its credibility.”

Source: PwC