Portugal attracts record 24 million tourists in 2019

  • Home >
  • Portugal attracts record 24 million tourists in 2019

Portugal attracts record 24 million tourists in 2019

Published on 6th September 2019

In the first half of the current year, Portugal managed to beat all past records for tourist numbers, according to the latest statistics issued by the Portuguese tourist board (Turismo de Portugal).

According to the President of Turismo de Portugal, Luís Araújo, the record is set to maintain for the rest of the year.

In an interview with Jornal Económico, he said that by the end of the first half of 2019 tourism revenues were up 6% like-for-like while the number of tourists had grown 7% on the same period last year.

Araújo said he believed that it was possible to maintain the level of growth until the end of this year while admitting that “we are in a slowdown phase” since it would not be possible to repeat the increase in accumulated revenues of 45% seen in Portugal over the past three years.

The record-breaking tourism boom

Since 2010, when tourism was worth nearly €8Bn, Portugal has enjoyed an unprecedented boom in tourism which stood at over €12Bn in 2016, €15Bn in 2017 and €17Bn in 2018.

According to forecasts from Turismo de Portugal, Portugal should break its record of 24 million tourists by the end of the current year given that in 2018, according to statistics released by the National Statistics Institute, it welcomed a total of 22.8 million tourists, which placed Portugal in 17th position in the ranking of the countries worldwide which received the greatest number of tourists according to the WTO.

Source: Essential-Business.pt

About Portugal Homes
PortugalHomes.com specializes in selling Holiday Homes and Investment Properties. We help buyers find the right property overseas whether it be for Golden VisaNHR, Investment or simply a place in the sun, our properties are selected with great thought in mind to give our clients the best opportunities, we offer the complete service from Introducing them to Legal RepresentativesCurrency ExchangeMortgage AdvisorsProperty ManagementRental and Furniture Packages along with making sure all our staff are trained to fully understand the buying process and taxes for every scenario, we provide the complete service to anyone looking to buy a new or resale property overseas for holiday use or as a short or long-term investment.

To find out more, please contact us:

Download our
brochure now
Available below

latest news

15
Nov
Is it beneficial to buy an off-plan property in Portugal?

Is it beneficial to…

(4min read) While house prices keep rising, investors are looking to purchase properties at…
13
Nov
Portugal Homes travels to Vietnam and China from November 19 to 29!

Portugal Homes travels…

After the huge success of South Africa’s private meetings, this November, the company…
08
Nov
The increasing of the house prices in Portugal is an opportunity

The increasing of the…

(4.5min read) Having gone through a great recession period between 2007-2009, Portugal has…

Please note that Portugal Homes will use the above details to contact you only. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.

Search for a property

latest properties

Available
POA
  • Bed 2 Bed
  • Property TypeApartment
  • REF: PW877
€384,500-€748,000
  • Bed 2 Bed
  • Property TypeApartment
  • REF: PW876
€305,000-€400,000
  • Bed 2 Bed
  • Property TypeApartment
  • REF: PW875
Available
Baixa
€635,000
  • Bed 1 Bed
  • Property TypeApartment
  • Area80 sqm
  • REF: PW874
SIGN UP FOR PROPERTY ALERTS