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

119 properties listed for sale in Albufeira

1 bed apartments:

7 listed for sale
£62,545 to £206,671
Average: £138,816

2 bed apartments:

17 listed for sale
£140,500 to £494,015
Average: £207,571

3 bed apartments:

6 listed for sale
£190,355 to £348,983
Average: £282,510

4 bed apartments:

2 listed for sale
£292,783 to £317,258
Average: £305,020

2 bed houses:

9 listed for sale
£135,922 to £1,275,000
Average: £340,455

3 bed houses:

20 listed for sale
£180,384 to £1,169,321
Average: £370,917

4 bed houses:

20 listed for sale
£385,241 to £3,172,575
Average: £787,818

5 bed houses:

11 listed for sale
£267,403 to £3,172,575
Average: £1,053,954

6 bed houses:

2 listed for sale
£906,450 to £1,631,610
Average: £1,269,030

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Images of Albufeira, Portugal

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