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Algarve

The Algarve, located in the southernmost region of Portugal, is a captivating destination known for its stunning coastline, charming towns, and year-round mild climate. With its golden sandy beaches, dramatic cliffs, and crystal-clear waters, the Algarve has become a popular spot for tourists and expats alike. The region boasts a rich cultural heritage, reflected in its picturesque villages, Moorish architecture, and traditional fishing communities. Towns like Faro, Lagos, and Albufeira offer a delightful mix of history, vibrant nightlife, and local markets, while the surrounding countryside is perfect for hiking, cycling, and exploring charming villages. The Algarve is also renowned for its exceptional golf courses, world-class restaurants, and wine regions, making it a haven for foodies and leisure seekers. With easy access to the rest of Portugal and its international airports, the Algarve offers an excellent balance of relaxation and convenience, making it an ideal destination for both living and investment. Whether you're drawn to its serene beaches, scenic landscapes, or rich culture, the Algarve promises a fulfilling lifestyle in one of Europe's most sought-after regions.

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Property for Sale in Algarve, Portugal

The region of Algarve, Portugal is divided into 16 different municipalities of which Lagos, Portimão and Albufeira are some of the most-visited areas. Properties for sale in Algarve are some of the most sought after in Portugal due to the region’s amazing climate, well-known beaches, and delectable food in addition to the affordable prices.

Browse around this section to find the best properties for sale in Algarve

What are the top properties for sale in Algarve?

From luxury apartments to villas featuring private pools, top properties for sale in Algarve offer a wide variety to choose from. Lagos, Albufeira, and Portimao are famous for their party scene and nightlife. These areas have good investment options but can get very crowded due to increased tourism. Tavira, Silves and Loulé are more on the peaceful side and offer beautiful scenery. Vilamoura offers a luxury lifestyle and is close to multiple golf courses.

Houses for Sale in Algarve, Portugal

Houses for sale in Algarve mostly come in the form of luxury villas with multiple floors. Ground floor has an elegant entrance hall leading into a spacious living/dining room area and a kitchen with all kinds of modern appliances. Doors in the living room could lead into a pool area, or a beautiful garden. This floor could have one or more bedrooms with a fitted wardrobe. Subsequent floors feature a large terrace, a master bedroom with an en-suite and other bedrooms having a shared bathroom. Everything from beaches and restaurants, to supermarkets, cafes, and schools is easily accessible. Additional features include storage areas and parking spaces.

Buy Apartment in Algarve

When you wish to buy an apartment in Algarve, it is incredibly important to do your research on all the areas and see if the property you're considering is close to healthcare services, schools, and other amenities. Consider additional costs such as mortgage, notary and registration fees.

How much does it cost to buy an apartment in Algarve?

Apartments for sale in Algarve will cost you an average per meter square of €2,400 in Faro, €2,100 in Portimão, €2,300 in Albufeira, and €3,300 in Lagos.

Apartments for sale in Algarve

Apartments for sale in Algarve come with 1,2 & 3 bedrooms with built-in wardrobes and mostly one en-suite. The spacious living rooms and well equipped kitchens both have access to balconies which are perfect for spending a pleasant evening with family and enjoying stunning beach views. Storage rooms are provided along with underground parking spaces. Apartments in Algarve are close to beaches, restaurants, and supermarkets.

Algarve property prices

Even though Algarve is located just a couple hours from London and Paris, the two areas known for the most foreign buyers, its property prices are much more affordable compared to the other two. Real estate market in Algarve has been stable and there hasn't been a sudden drop or surge recently.

How much does it cost to buy a property in Algarve?

Property prices in Algarve per meter square range from €1,700 to €2,600 in Silves and €2,300 to €2,800 in Faro. Price range per meter square for Portimão, Lagos, and Albufeira are  €2,100-2,500, €2,900-3,700, and €2,500-2,900 respectively. Luxury villas will cost you over €3,400 per meter square.

Algarve investment property

Algarve is an ideal property's investment location because the real estate market here has been steady in the recent years even with the pandemic going on. In addition, it continues to see growth in tourism which gives buyers an opportunity to invest in holiday homes and rent them out. With great rental yields, Algarve is a very attractive choice for property investment in Portugal. Moreover, The Portuguese Golden Visa Programme (which has also gone through some important-to-know modifications since January 2022) offers non-EU members an opportunity to obtain Residency Permits in Portugal for themselves and their family.

What is the best property investment in Algarve?

White shell is one of the best developments for property investment in Algarve. This resort has 55 apartments available for investment with a mix of contemporary and traditional elements. The outside area has greenery and luxurious amenities including swimming pools, multisport fields, tennis court, Spa with gym, and reception/concierge services. The resort aims to provide a comfortable lifestyle to its residents and is one of the best property investment opportunities in Algarve.

Algarve real estate company

Hiring a local real estate agent could make the process of investment much easier for you. Expert real estate companies in Algarve, such as Arcus Estates, are well versed in the property investment department and can help find the perfect property for you.

 Contact us  for advice on the buying process and we’ll work on making it a good investing experience for you. Read our guide about buying property in Portugal for further details.

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