Geographic Information

Description of Albufeira
Portugal as a whole never seems to have quite lived up to its potential as a location for property investment, but things are improving. The economic crisis in Europe hit hard, but the recovery is well underway and in certain areas of the Algarve, such as Albufeira, you’d be hard-pressed to find any real signs of damage. Tourism forms the backbone of the local economy and represents the biggest draw for investors. Overall property values were once again down in 2013, but demand is up and even long-term rent yields are known to go beyond the 6.5 per cent mark in the most sought-after spots. Holiday rental property investment opportunities abound, as well as the appeal of a Golden Visa-fuelled second home.

Current Property Prices in Albufeira

225 properties listed for sale in Albufeira

1 bed apartments:

8 listed for sale
£58,533 to £193,412
Average: £120,670

2 bed apartments:

30 listed for sale
£127,669 to £678,640
Average: £238,053

3 bed apartments:

28 listed for sale
£161,177 to £848,300
Average: £271,759

4 bed apartments:

1 listed for sale
£274,001 to £274,001
Average: £274,001

2 bed houses:

12 listed for sale
£127,203 to £262,973
Average: £214,319

3 bed houses:

36 listed for sale
£168,812 to £1,081,583
Average: £362,503

4 bed houses:

49 listed for sale
£224,800 to £6,786,400
Average: £981,976

5 bed houses:

25 listed for sale
£246,007 to £2,969,050
Average: £897,891

6 bed houses:

5 listed for sale
£848,300 to £2,544,900
Average: £1,593,955

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Images of Albufeira, Portugal

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