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

252 properties listed for sale in Albufeira

1 bed apartments:

11 listed for sale
£97,683 to £208,687
Average: £148,263

2 bed apartments:

19 listed for sale
£150,965 to £710,424
Average: £354,130

3 bed apartments:

33 listed for sale
£213,127 to £1,132,238
Average: £417,120

4 bed apartments:

2 listed for sale
£284,170 to £310,811
Average: £297,490

2 bed houses:

30 listed for sale
£173,166 to £2,220,075
Average: £517,849

3 bed houses:

50 listed for sale
£155,405 to £1,465,250
Average: £442,978

4 bed houses:

46 listed for sale
£235,328 to £5,328,180
Average: £1,072,182

5 bed houses:

12 listed for sale
£265,521 to £3,108,105
Average: £1,179,333

6 bed houses:

6 listed for sale
£850,000 to £2,664,090
Average: £1,473,415

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Images of Albufeira, Portugal

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