Whether it’s a fun filled city break in the hustle and bustle of Lisbon or a leisurely golfing holiday in the Algarve, Portugal has long been one of the world’s top twenty holiday destinations.
Blessed with stunning natural beauty and year-round sunshine, Portugal offers crystal clear seas and a wealth of activities to suit even the most discerning world traveller.
1. Golf in Portugal
The Algarve, only a short flight away from most European capitals, has been a magnet to many discerning golfers for almost three decades. Golf tourism is growing four times faster than any other form of tourism and golf tourists spend far more than just your average holiday maker. The Algarve is well known for being the number one destination in Europe for golf with the main golf season from late autumn to late spring. Winters are mild and golfers from northern European countries can enjoy warm sunny days and keep their swings smooth at the same time. There are just under a quarter of a million golfers who holiday in Portugal every year and this means they contribute a substantial amount to the local economy and represent an affluent and growing base upon which an investor could base a property investment purchase decision in Portugal and from which an investor could draw down a decent income.
2. Strong Tourist Demand
Portugal is among the top 20 most visited destinations in the world and it is incredibly popular with the Brits. Eleven million visitors travelled to Portugal last year (figures taken from the World Travel and Tourism Council), and the tourism based growth will be in the region of at least 3% annually from now until 2017 which means anyone buying hotel rooms in Portugal on a buy to let scheme will see their ROI (return on investment) come to fruition very quickly.
