The continued demand for developments has meant that this year there are 24% fewer tourist establishments for sale on idealista compared to the same period last year. However, there are still 136 properties with tourist licenses available for sale in Portugal.

The most significant share is found in the districts of Faro, Porto and Lisbon.

Following a downturn during the pandemic, disinvestment in tourist properties declined in 2023, a trend that gained strength at the beginning of this year.

These tourist buildings for sale at the beginning of 2024 are mainly concentrated in the districts of Faro (26 units), Porto (19) and Lisbon (16). You can also find more than five tourist establishments in the market of Setúbal, Portalegre, Braga and Viseu, showing the same data from idealista. In Guarda and Castelo Branco, only one tourist development was registered on the market that month.

What also stands out is that there was a reduction in the stock of tourist accommodation in 11 of the 20 districts and islands analysed between February 2024 and the same month of the previous year, with the biggest drops being recorded in Lisbon (-14 units ), Faro (-11), Coimbra (-7) and Viseu (-6). In Portalegre, Leiria and Bragança, exactly the same number of tourist buildings are for sale.

Conversely, there was an increase in the supply of hotel establishments in six districts and islands. The biggest increase was recorded in Beja, as last year there were no units for sale and now there are five buildings of this type on the market. Also in Viana do Castelo and on the island of São Miguel, the number of tourist accommodations on the market increased from 3 to 5 in this period. With just one more tourist unit on the market than last year is Setúbal, Évora and Guarda.