Can foreign nationals take out mortgage loans in Albufeira?

Yes, non-residents can be issued a mortgage loan to buy property in Albufeira. Special terms of mortgage lending for non-residents — the loan term up to 75 years of age for the eldest borrower and a down payment of 40–50%. The mortgage rate is a floating one, of 3% for residential properties and 5% for the commercial ones.

How does the purchasing process take place when buying an apartment in Albufeira?

Before the purchase, it is necessary to hire a lawyer who would help you get the paperwork done. Having chosen the property, you need to open a local bank account and receive a tax identification number. First, a preliminary sales agreement is signed, a deposit equalling to 10–30% of the property value is placed, and the municipal taxes are paid. The deposit is non-refundable if the buyer decides not to purchase. All agreements ought to be notarised. Between signing the preliminary and main sales agreements, the lawyer completes the property Due Diligence and checks the availability of all the documents for the property. When signing the main agreement, the remaining transaction amount is paid, after which the property can be registered with the land registry office and a title deed can be obtained.

What property taxes are there in Portugal?

Property buyers pay a stamp duty (Imposto do Selo, IS) — 0,8% and a title deed transfer tax (Imposto Municipal sobre Transmissões, IMT) — 6,0 – 6,5%. After the purchase, an annual real estate tax (Imposto Municipal sobre os Imóveis, IMI) ranging from 0.3 to 0.8% across property types and municipalities, has to be paid. These three taxes — are everything that is paid by property owners. When selling real estate, non-resident owners pay the capital gain tax, chargeable from the difference between the purchase price and the sales price at a rate of 28%. The inheritance and gift taxes are not levied from spouses, children, parents and grandchildren, the other categories pay them at a rate of 10% (which is considered low).

How expensive are the utilities in Albufeira?

The utility costs vary across locations. For example, an average bill for an 50–60 m² apartment totals about € 100-130 per month.

How can an apartment buyer obtain Portuguese citizenship?

It is possible to apply for permanent residency after five years of residence in the country. After six years of residence it is possible to apply for citizenship. But these procedures are not interrelated. Holding a temporary residence or permanent residence permit does not lead to obtaining citizenship. Only following the rules of stay in the country (over 183 days per year for six years) can give hope for obtaining Portuguese citizenship.

Can foreign nationals lease apartments in Portugal?

Yes, of course. The owner's right to administer their property is not limited in any way.

What types of Portuguese property are better to invest in for rental purposes?

The most suitable for rental purposes are the flats and apartments located in the resort areas, such as the Algarve, Faro, Lagos, on the entire southern coast and the capital of the country, Lisbon.

Why do I need to own an apartment in Portugal?

The Portuguese property market is one of the European real estate markets that have been growing most actively over the past few years. Therefore, real estate investments are very profitable in the country.

10 Apartments for Sale in Albufeira, Buy Flat from 300,000€

Order by:

price low to highlow to highprice high to lowhigh to lownewest firstnew

Modern apartment with a parking place in Albufeira, Faro, Portugal for 300,000 €

With swimming pool

Modern apartment with a parking place in Albufeira, Faro, Portugal

300,000 €

£251,000

Total area 142 m²2 bedrooms2 bathrooms

2-bedrooms apartment 93 m² in Albufeira, Portugal for 1,000,000 €

2-bedrooms apartment 93 m² in Albufeira, Portugal

1,000,000 €

£837,000

Total area 93 m²2 bedrooms2 bathrooms

3% discount on apartments

Investment apartments in The Community at 9% per annum in the heart of the Motor City area, Dubai

From 158,000 €

Completion in: 2025 Yield: 9.0% Apartments in total: 450

Residential complex

New four-room apartment with ocean views in Albufeira, Faro, Portugal for 590,000 €

New four-room apartment with ocean views in Albufeira, Faro, Portugal

590,000 €

£494,000

Total area 193 m²3 bedrooms3 bathrooms

Four-room apartment in a new building, Albufeira, Faro, Portugal for 590,000 €

Four-room apartment in a new building, Albufeira, Faro, Portugal

590,000 €

£494,000

Total area 195 m²3 bedrooms3 bathrooms

New four-room apartment in Albufeira, Faro, Portugal for 560,000 €

New four-room apartment in Albufeira, Faro, Portugal

560,000 €

£469,000

Total area 193 m²3 bedrooms3 bathrooms

Four-room new apartment near the ocean in Albufeira, Faro, Portugal for 640,000 €

Four-room new apartment near the ocean in Albufeira, Faro, Portugal

640,000 €

£536,000

Total area 191 m²3 bedrooms3 bathrooms

Discounted apartments and new-builds upon request

Send us an enquiry, we will find advantageous offers for you

Send a discount enquiry

Ksenia Kolesnikova,

Client manager

We find off-market properties
We organise viewings
We assist in obtaining a mortgage

New two-bedroom apartment with a huge terrace, Albufeira, Faro, Portugal for 650,000 €

New two-bedroom apartment with a huge terrace, Albufeira, Faro, Portugal

650,000 €

£544,000

Total area 226 m²2 bedrooms2 bathrooms

Two-bedroom apartment in a new complex near the ocean, Albufeira, Faro, Portugal for 640,000 €

Two-bedroom apartment in a new complex near the ocean, Albufeira, Faro, Portugal

640,000 €

£536,000

Total area 119 m²2 bedrooms2 bathrooms

Two-bedroom apartment in a new building less than 100 m from the ocean, Albufeira, Faro, Portugal for 680,000 €

Two-bedroom apartment in a new building less than 100 m from the ocean, Albufeira, Faro, Portugal

680,000 €

£569,000

Total area 173 m²2 bedrooms2 bathrooms

New four-room apartment with ocean views in Albufeira, Faro, Portugal for 575,000 €

New four-room apartment with ocean views in Albufeira, Faro, Portugal

575,000 €

£481,000

Total area 236 m²3 bedrooms3 bathrooms

Similar facilities nearby

New residence with swimming pools, a lounge area and a spa center, Parchal, Portugal

From 320,000 €

Built in 2023Total of 74 apartments

Bright apartment in a new complex with a swimming pool near the ocean, Algarve, Portugal

550,000 €

Total area 105 m²2 bedrooms2 bathrooms

Apartments with views of the river and the Atlantic Ocean, Lagos, Portugal

From 400,000 €

Built in 2022Total of 12 apartments

Residential complex close to the river, Parshal, Portugal

From 180,000 €

Total of 74 apartments

Apartments near the beach, with a guaranteed yield of 7%, Lagos, Portugal

From 169,000 €

Built in 2023Total of 279 apartments

Residential complex with swimming pools, surrounded by hills, Algarve, Portugal

From 280,000 €

Total of 33 apartments

Comfortable apartment with a yield of 5%, Algarve, Portugal

1,295,000 €

3 bedrooms3 bathroomsYield 5.0%

Buy-to-let apartments with a guaranteed yield of 5%, in a picturesque area, near the beaches, Algarve, Portugal

From 493,000 €

Built in 2022Total of 65 apartments

3 Bed. Brand New Apartment

390,000 €

Total area 100 m²3 bathrooms

Modern apartment with sea views with a guaranteed yield of 5%, Algarve, Portugal

1,000,000 €

2 bedrooms2 bathroomsYield 5.0%

One-bedroom apartment with large terraces in a prestigious project, Loulé, Faro, Portugal

780,000 €

With swimming pool

Total area 110 m²1 bedroom1 bathroom

Two-storey new apartment in a first-class complex, Lagos, Faro, Portugal

725,000 €

Total area 149 m²3 bedrooms3 bathrooms

Two-bedroom apartment in a new exclusive complex, Lagos, Faro, Portugal

575,000 €

Total area 119 m²2 bedrooms2 bathrooms

Tourist apartments with a yield of 4% in a new apart-hotel, Algarve, Portugal

220,000 €

Total area 81 m²1 bedroomYield 4.0%

Excellent two-bedroom apartment in the center of Vilamoura

735,000 €

Sea view

Total area 128 m²2 bedrooms2 bathrooms

Furnished two-bedroom apartment near the beach in Lagos, Faro, Portugal

420,000 €

With swimming pool

Total area 114 m²Land area: 114 m²2 bedrooms2 bathrooms

Sunny two-bedroom apartment with panoramic views in Lagos, Faro, Portugal

410,000 €

With swimming pool

Total area 116 m²2 bedrooms2 bathrooms

Apartment with a spacious terrace and ocean views, Algarve, Portugal

610,000 €

Total area 193 m²3 bedrooms

Elite apartment with a rooftop terrace, Algarve, Portugal

1,200,000 €

Total area 326 m²3 bedrooms

Luxury 3 bedroom flat in Vilamoura

2,700,000 €

With swimming pool

Total area 339 m²3 bedrooms3 bathrooms

Luxury 3 bedroom flat in Vilamoura

1,700,000 €

With swimming pool

Total area 216 m²3 bedrooms3 bathrooms

Luxury 2 bedroom flat in Vilamoura

1,900,000 €

With swimming pool

Total area 277 m²2 bedrooms2 bathrooms

Luxury 3 bedroom flat in Vilamoura

2,700,000 €

With swimming pool

Total area 371 m²3 bedrooms3 bathrooms

Two-bedroom apartment near the sea in Lagos, Faro, Portugal

410,000 €

With swimming pool

Total area 114 m²2 bedrooms2 bathrooms

New two-bedroom apartment near the beach, Lagos, Faro, Portugal

895,000 €

Total area 180 m²2 bedrooms2 bathrooms

last page

1-25 of 459 listings, page 1 of 19

Tranio’s client cases

All cases

18 January 2016
Property in Portugal: buy in winter to enjoy in summer says this buyer
A flat in Portugal is a dream for many, but property-hunters had better take their time and shouldn’t buy during the summer according to this flat-owner. Here’s why…
28 February 2025
The Master Key: How a Tranio Client Optimised Taxes Through Real Estate Investment in Cyprus
Cyprus is one of the most sought-after destinations for tax optimisation, offering a transparent legal framework, full EU membership, and attractive conditions for foreign investors.
28 February 2025
The Final Lap: Returns Secured by Investors in The Community, Motor City
In October 2022, Tranio proudly unveiled a co-investment opportunity in The Community, a residential development in Motor City. This exclusive proposition invited discerning partners and clients to engage at the project’s...
21 February 2025
Exploring Oman's Office Real Estate Market: A Client's Perspective
Economic diversification has long been a priority for Gulf nations, with each country adopting its own strategy. The UAE leverages soft power and flexibility, Saudi Arabia pursues an aggressive approach with ambitious megaprojects...
13 May 2024
Tranio client's experience: apartment on the French Riviera and obtaining a residence permit for financially...
France is a country known for its quality of life, economic strength, progressive social welfare, developed infrastructure, high environmental standards and care for historical heritage. A residence permit in France allows...
25 April 2024
Tranio case: buying an apartment in Madrid and obtaining Spain Golden Visa
Today Spain is one of the most popular EU countries for obtaining a residency by investments. To participate in the Spain Golden Visa programme, an investor must invest more than 500 thousand euros in the state economy or...
06 February 2024
Tranio’s client experience: mountain chalet in the Alps for vacation and good rental income
Resort property in the French Alps is a prospective investment, both from the point of view of getting income in high season, and getting a "second home" for vacations in a sunny, comfortable Alpine climate. Alpine...
24 January 2024
Tranio’s client experience: buying a second home on the Costa Blanca
Spanish real estate has consistently been in high demand in the past few decades.
27 October 2023
From renting to permanent residence: a Tranio client's story of buying an apartment in Cyprus
Andrey, an entrepreneur from Moscow, enlisted the Tranio team's help to find an apartment for long-term rental in Cyprus. However, his aspirations evolved into purchasing an apartment for permanent residence for his entire...
13 September 2023
Tranio case: buying an investment property in Phuket
Over the past few decades, Thailand has become a reference of a paradise for living and leisure. White sandy beaches, the azure waters of the Indian Ocean, tropical flora and incredible natural landscapes together with the...

What they say about Tranio

All reviews

First and foremost Tranio is a very motivated team of professionals who surely know their job! We are very pleased with their well-coordinated work, timeliness of responses to the questions posed, and willingness to act in case of unusual situations.
Original letter

Coldwell Banker
It is with much enthusiasm that I personally recommend Tranio for a professional business collaboration in the ﬁeld of real estate, marketing, acquisition, and ﬁnance. The fundamentals of our business relationship with Tranio were set in 2016. Mundial AG has received the company’s great reputation throughout a number of international business pai’tners and stockholders. Tranio has helped our company to expand its horizons to the global market and has established benchmarks that would extend Mundial AG’s networks. The company has exceptional connections to potential investors and has a proﬁcient team that is capable of forming compound ﬁnancial models that attract ﬁnanciers. The cooperation with Tranio is based on professionalism, effectiveness, and Hypovﬂemsbank scrupulousness. Our experiences with Tranio are encouraging and progressive, which makes them one of our preeminent business paitners.
Original letter

Z. Farkas, Mundial AG
We are glad to have a partnership with Tranio! It offers a vast online property base and the best services.

Quality Villas

Apartments for sale in Albufeira

Albufeira is a city in the south of Portugal

Foreign investments benefit Albufeira

Flats for sale in Albufeira are available for €90,000