ILM-THR just released their second anual report on the Portugal Residential Tourism Market which monitors second home owners with homes in the Algarve, Portugal. Among the data some of the interesting results revealed included;
Even though the British take up the biggest foreign market-share in terms of number of homes owned, the Scandinavians take the lead on money spent, being responsible for the most expensive buying. The study reveals that two and three bedroom apartments are the most sought after properties, and that central and eastern Algarve are the most popular destination for foreigners.
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