en 
The first area is the Golden Triangle, an area of the Algarve where most of the properties with the highest prices in the country are located (Quinta do Lago, Vale do Lobo and Vilamoura), and this is followed by Lisbon, occupying 9th and 13th place, respectively.
According to Visual Capitalist, which is based on data from British consultancy Henley & Partners, there are currently more than 25,000 centi-millionaires around the world – ultra-rich people who, by definition, have more than 100 million dollars (95 million euros) in cash.
Top of the list for holidays of the ultra-rich is Miami (USA), this is followed by The Hamptons and West Palm Beach, also in the USA.
Noteworthy is the fact that there are only seven European destinations among the 17 analyzed: in addition to the two Portuguese regions the other locations are in Paris, Nice, Cannes and Antibes (France) and Lugano (Switzerland).
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That's exactly what's causing the medium Portuguese his difficulties, inflating prices of essential needs like affordable housing.
By Diogo F. from Lisbon on 19 Oct 2023, 00:18
Again some people are quick to blame foreigners for Portugal's woes. Firstly, let's be clear the ultra wealthy (purchasing properties in the many millions of euros) are not causing house price inflation for the vast majority of Portuguese. Every time foreigners are vilified it let's the Portugal government off the hook. The government should be much more advanced in plans to provide affordable housing solutions for the Portuguese and low paid. Unfortunately, their efforts are little and too late. They will gladly deflect the blame onto foreigners and make them pay for government deficiencies. This is counterproductive and a waste of valuable time. It will not solve the crux of the problem.
By Paolito from Algarve on 19 Oct 2023, 09:42
@Diogo, nonsense, non-residents account for only 7% of property purchases in Portugal, not 90%, so can hardly be responsible for prices increasing. Should people not buy houses to prevent their prices increasing? Plus, the ultra wealthy which are the focus of this article, are hardly operating at the 'affordable' end of the market. Just an opportunity for you to rant and betray your dislike of the rich and successful.
By Billy Bissett from Porto on 19 Oct 2023, 10:09
Obviously @Diego is a shill for an inept Socialist party. The way to bring housing prices down is to increase supply. Make it easier for builders and landlords to make money. Let them get rich by creating value for many people in need. Until socialists realize that is the only thing that works in the long run, they will continue to deflect blame when their naive ideas don't work. Of course if they realized that then they wouldn't be socialists in the first place, they would be free market advocates and there would be plenty of affordable housing.
By Brian Sanders from Other on 19 Oct 2023, 15:45
The wealthy are NOT driving up property prices, as they are buying homes 500,000 Euro and up. These are not homes that those who can't find housing can afford. What is driving up housing is inflation, devaluation of the Euro vs other currencies, and lower level visas such as the D7, which requires only a Portuguese minimum wage (roughly 800 Euro per month) to obtain. These people, the D7 retirees, are competing for the 100,000 to 250,000 Euro homes to purchase, and more importantly, the 500-2,000 Euro rental properties. While frustrating, Portugal is becoming a normalized EU country per costs. It is what it is.
By Marko Steinle from Algarve on 19 Oct 2023, 17:14