Why is Portugal considered the best place for holiday investment?
Portugal has been recognised as the world’s leading holiday destination, making it a prime location for holiday investments. With its award-winning tourism, including accolades for Best Destination in the World at the World Travel Awards, Portugal offers excellent potential for both short-term rentals and long-term stays. Investors can benefit from a booming rental market, especially in popular areas like Lisbon and the Algarve, where tourist demand remains strong.
The country not only boasts stunning landscapes and rich culture, but also a variety of tourism-related awards that validate its appeal. Key locations such as Sintra, with its iconic Castelo da Pena, provide immersive experiences that visitors crave. The infrastructure supporting tourism is top-notch, making it easier for owners to manage rental properties.
Moreover, properties in Portugal often come with high ROI potential, particularly in regions recognised for their unique offerings, such as Madeira being the Best Island Destination. With the recent accolades for various hotels and resorts, buyers will find that investing in Portuguese real estate is not just a purchase but a robust investment opportunity. The diversity of offerings, from beach resorts to urban retreats, caters to various buyer needs, ensuring strong occupancy rates.
As the market expands, the demand for luxurious accommodations in these award-winning locales continues to grow. Additionally, investors can enjoy the benefits of pleasant weather and vibrant lifestyle, making properties in Portugal desirable for both tourists and locals. If you’re considering tapping into the holiday rental market, look no further than Portugal. Take action today and explore investment opportunities that align with the country’s award-winning status!
It picked up the gong for Best Tourism Destination in the World at a World Travel Awards (WTA) ceremony on Thursday in Oman. Portugal also scooped 10 other awards: Best Hotel, Best Resort, Best Airline and Best Cruise Port among them.
Despite fierce competition, Portugal beat countries like Brazil, Cost Rica, Greece, Jamaica, the Maldives and Sri Lanka.
This distinction “once again confirms that Portugal is the best tourism destination in the world. It is an honour to receive this award that distinguishes the excellence of Portugal and the Portuguese and raises the bar” said the Secretary of State for Tourism, Rita Marques in a communiqué.
“All of us must continue to work in reinforcing this International affirmation that Portugal has won” added Rita Marques.
Portugal won the award in 2016 and 2017 – the first European country to receive this distinction. Among the other awards Portugal won were:
• Lisbon – Best City Break in the World
• Madeira – Best Island Destination in the World
• TAP – Best Airline to Fly to Africa and South America
• TAP – Best Inflight Magazine (UP Magazine)
• Olissippo Lapa Palace Hotel – Best Classic Hotel in the World
• Dunas Douradas Beach Club (Almancil) – Best Golf & Villa Resort in the World
• Amazing Evolution Management – Best Boutique Hotel Operator in the World
• Passadiços do Paiva – Best Adventure Tourism Attraction in the World
• Parques de Sintra – Monte da Lua – Best Leader Conservation Company in the World
• Turismo de Portugal – Best Official Tourism Organisation in the World
