The Algarve is located in the western end of Europe, in the south of Portugal, with an area of 4,996.8 km2 and a resident population of about 444,390 inhabitants, distributed across 16 municipalities.
It has an average population density of around 90.3 inhabitants/Km2, stretching along a coastline of 150 Km and is bathed by the Atlantic Ocean.
The geographical position of the Algarve gives it special bioclimatic characteristics. Although situated on the Atlantic Ocean, it has a temperate climate with Mediterranean characteristics, with more than 3,000 hours of sunshine a year and a low annual average of rainfall.
The most important sector of activity is the tertiary sector (trade and services), and the result of the main economic activity in the region - tourism. This economic subsector assumes such importance in the Algarve that it represents, directly and indirectly, about 60% of total employment and 66% of regional GDP.
It should be noted that the Algarve annually receives about 5 million tourists.
Throughout the region it is still possible to unveil the charms and secrets of Portuguese history that time does not extinguish. From the Roman presence to the long Muslim heritage, from the Christian reconquista to the epic of the Portuguese Discoveries, there is no shortage of reasons to rediscover signs of a remarkable historical past.
Heir to ancient civilizations, the Algarve region was also the point of passage for other peoples, in a connection almost always facilitated by the immense sea that bathes its coasts.
More than five centuries of Arab influence have forever marked the region's destiny, starting with its own name: Al-Gharb, The West. This presence, which lasted from the 8th to the 13th centuries, still stands out in the names of the towns, in the agriculture, in the architecture of the monuments, in the lacework patterns of the terraces and chimneys, or in the white of the lime covering the houses of many villages in the Algarve.
INTERNATIONAL AIRPORT
MOTORWAYS (VIA DO INFANTE / A2)
RAILWAY LINE (CP)
SEAPORT OF PORTIMÃO
GOLF COURSES
ALGARVE INTERNATIONAL CIRCUIT
ZOOMARINE
WATERPARKS
HOTELS 5, 4, 3 ***
UNIVERSITY OF THE ALGARVE
INTERNATIONAL PRIVATE SCHOOLS
PRIVATE HOSPITALS
Algarve is the Portuguese region with the highest demand for accommodation (39.5%), with a tourism accommodation occupancy rate of 81.9%, during June 2016. Turnover increased by 10.1% over the same period.
The Algarve has been positively evaluated by 98% of the tourists who visited this destination in 2016. Most of them intend to return to the region as soon as possible and more than 90% guaranteed that they will recommend it to friends and family.
The very attractive prices have made the real estate market in Portugal a competitive and reliable sector. Exaggerated growth seen in other European countries has not occurred in Portugal, where the number of houses available between May 2013 and May 2016 fell by 15%.
The potential of the Portuguese market is reflected in a study from the World Bank that, in its “Doing Business” report (2016), placed Portugal in 23rd in a ranking of 189 economies.
Elements such as property rights, innovation and technology, freedom (individual, commercial and monetary) and investor protection were taken into account in this assessment.