Overseas buyers absolutely adore the Algarve. Its wonderful combination of sunshine, seaside and golf has enticed many to purchase a home there. But what kind of property can you purchase in the Algarve? From beachfront to budget-friendly homes, we look at superb examples.
In 2023, the Algarve was the most popular spot for overseas buyers to purchase their dream home. According to the National Statistics Institute in Portugal, in 2023, buyers with a tax residence outside of Portugal, mainly purchased property in the Algarve (29.9%), followed by the North (17.5%) and Greater Lisbon.
We are not surprised. Year after year, the Algarve continues to charm foreign buyers. It boasts of 300 days of sunshine a year, making it absolutely perfect for golfers. Plus, the Algarve is home to beautiful Blue Flag beaches and natural parks, including Ria Formosa and Costa Vicentina. Flights from Faro airport to the UK and the rest of Europe are regular, with great transport links to the nearest towns, which is super convenient if you’re hoping to pop to your Algarve property as often as you can.
But what kind of property can you purchase in the Algarve?
The property market in the Algarve is vast. From doer-uppers to golfing apartments to luxury villas, the choice is as varied as it is exciting. Here, we are going to look through the some of the different types of property you can purchase in the Algarve, for what price.
A beachfront home: Two-bedroom, Portimo, €325,000
Keen on the view? Click on the picture to see more of this home.
If you are someone who is just itching to spend as much on the beach as possible, you’ll love this apartment. It is just 500m from Praia da Rocha. And you’ll get a 180-degree view of it from your home.
See more beachfront Algarve properties for sale here.
A home by the golf course: One-bedroom, Lagos, €700,000
Click to check out this gorgeous golfer’s home.
The Algarve is rightfully famous for its golf courses. If you want to roll out of bed and head straight for there, check out this one-bedroom apartment inserted in a prestigious golf course.
See more Algarve properties for keen golfers here.
Affordable Algarve home: Two-bedroom, Monchique, Faro, €149,500
Charmed?
While it might be more challenging to find a property for under €200,000 in the Algarve, it is not impossible, especially if you are seeking an older, smaller home.
This is marvellous top floor apartment has been recently renovated while retaining older features, such as wooden furnishings. You’ll get to enjoy heaps of natural light, tall ceilings and a central location in the village of Monchique.
See more properties for sale for under €200,000 in the Algarve here.
A new-build home: Vila Nova de Cacela, Faro, €500,000
Fancy a peak?
If you like the idea of being the very first person to move into a home, you might be interested in purchasing a new-build property. Luckily, the Algarve is a great place to look, with promising projects popping up all the time. While buying a new build home means buying the blueprint for home that has yet to be built, often, they are listed with images (such as the above) to give you an idea of the finished property. This one will enjoy panoramic countryside and sea views.
Browse through new builds here.
A penthouse: Two-bedroom, Quarteira, Faro, €699,000
Enjoy sights of the sea!
Keen to have the best view possible? This penthouse property will suit those wanting to dreamily gaze at the sea, but you will be able to find other Algarve penthouses with eyes on the countryside.
See more penthouse properties in the Algarve here.
A home fit for one or two: One-bedroom, Lagos, €420,000
Click to see this home’s cosy interior.
If you envision spending time in your Portuguese property alone or just with a partner, then this lovely home could suit you. You’ll have a private terrace, a short stroll to the beach and access to the communal gym, green spaces and games court.
Discover more one-bedroom Algarve properties for sale here. Or, head here for a two-bedroom.
A family home: Four-bedroom, São Brás de Alportel, €1,000,000
Imagine sun-soaked days by the pool…
If you’re intending to move to the Algarve with your family, or just want a property roomy enough for your loved ones to come stay, check out this lovely countryside villa.
See more four-bedroom Algarve properties for sale here.
You can also browse homes with five-bedrooms or more.
A luxury home: Seven-bedroom, Loule, €4,980,000
Check out this luxury home!
If you are seeking a luxury property, Algarve’s choices are likely to delight you. This seven-bedroom enjoys a games room, gym, a large heated swimming pool and a barbeque area. It is also walking distance to the beach and is just twenty minutes to Faro airport.
