Portugal enquiries surge as buyers make plans to travel overseas

May 14, 2021
Rightmove logo
  • The news that Portugal is on the green list of countries for travel from 17th May has led to a jump of 93% in the number of home-hunters contacting estate agents about properties for sale in the country
  • The most popular resorts are in the Algarve, with the top destination being Albufeira where the average asking price of a family villa on Rightmove is €462,880
  • The second most enquired about destination was Carvoeiro where a family villa is on average €677,222, followed by the more expensive resort of Vale do Lobo where an average family villa is €1,499,444

Pent-up demand from home-hunters wanting to buy a home in Portugal has finally started to be released, following the government’s announcement that it is to be added to the green list of countries for travel.

Comparing the weekend of 24-25th April with last weekend (8-9th May), enquiries sent via Rightmove to estate agents in Portugal were up 93%, and searches for homes in the country were up by 51%.

The Algarve has proven to be most popular with Brits looking to buy in Portugal, with the resort of Albufeira being the most enquired about destination in the country over the weekend. Apartments were the most popular property type in Albufeira as people consider buying a holiday home. The average asking price is around €150,000 for a one or two bedroom apartment, and for those looking for a bigger home the average asking price on Rightmove of a family villa in the resort is €462,880.

The second and third most popular locations are more expensive, with home-hunters finding the average asking price of a family villa in Carvoiero to be €677,222, and in Vale do Lobo the average family villa could set you back just under €1.5 million (€1,499,444).

Many prospective buyers will be closely following announcements from Portugal over the coming days to ensure they can be confident that they are able to travel.

Rightmove’s Overseas Insights Manager Rachel Beaton said: “We’ve seen traffic on Rightmove Overseas growing in many of our key markets over the past few months as potential buyers, whose overseas property searches have been stalled due to the various lockdowns, are preparing for international travel to resume. This pent up demand in terms of the number of searches carried out and the amount of time spent viewing overseas properties has finally been unleashed in Portugal with enquiries to Portuguese agents about viewing properties increasing over the past week as headlines began to suggest that Portugal would be on the initial “green list”. These rumours were proved true on Friday evening, and email enquiries were 93% higher this weekend compared to two weeks ago before the rumours started to circulate.”

Rightmove

UK Property news updates shared directly from Rightmove PLC - the country's leading property portal.

You May Also Enjoy

Breaking News

Solutions to fix construction skills

The Centre for Social Justice (CSJ) has released a report titled, ‘Skills to Build: Fixing Britain’s construction workforce crisis.’ After speaking to several organizations and having roundtables to garner a wide understanding of the sectors’ perspectives and needs, they have proposed twenty six recommendations that will fix the issues underpinning the skills crisis. Richard Beresford,…
Read More →
Breaking News

Budget Commentary – Mansion Tax, Business Rates & Planning Reform

Andrew Teacher, Co-founder at LauderTeacher, one of the UK’s leading advisors on real estate communications, investor relations and a former spokesman for the BPF, comments on the potential Budget. Mansion tax “Nobody likes paying tax, but the reality is a council tax revaluation is long overdue. Rather than distorting the market, which is what a…
Read More →
Rightmove logo
Breaking News

Budget 2025 market data & home-mover and agent insight

Speculation about property tax changes is fuelling uncertainty across much of the market Rightmove research found that home-movers would favour staggered stamp duty payments, while a poll of estate agents also suggested that staggered payments would be a preferable change to shifting payment to the seller Rightmove data on rumoured property tax changes Mansion Tax…
Read More →
Breaking News

Breaking Property News 24/11/25

Daily bite-sized proptech and property news in partnership with Proptech-X. Symple resolves four core issues in the new Renter’s Rights Act Automating compliance in the new PRS landscape   The Renters’ Rights Act has raised the bar for private landlords in England in terms of property condition, hazard resolution, evidence of compliance and regulatory registration. Symple…
Read More →
Breaking News

What does Rachel Reeves have in store for the UK property market?

With the Autumn Budget now just days away, speculation is mounting that the Chancellor, Rachel Reeves, will use property taxation as a central tool to address the widely reported fiscal shortfall of between £20bn and £40bn. As a result, the housing market has entered a period of caution, with asking prices falling 1.8 percent in…
Read More →
Letting Agent Talk

Why Property Guarantors Need Legal Advice Before Signing

When it comes to property deals, it’s natural to look for additional support, especially when you’re not fully confident about meeting the terms of the agreement. This is where a guarantor comes into play, as they step in to give the property owner some assurance. The idea of helping someone you trust can feel quite…
Read More →