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  • Albufeira, Faro, Portugal
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To sea
3,500,000 €
Land area: 8,860 m²4 bedrooms5 bathrooms
595,000 €
Total area 249 m²Land area: 2,420 m²4 bathrooms
The Community — investment apartments by Aqua Properties with 9,5% yield per annum in the center of the developing area of Motor City, Dubai

90 m long swimming pool!

Residential complex
1,380,000 €
Total area 450 m²5 bedrooms7 bathrooms
1,750,000 €
Total area 1,450 m²Land area: 1,450 m²4 bathrooms
692,000 €
Total area 414 m²Land area: 414 m²2 bathrooms
Discounted homes upon request

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Ksenia Kolesnikova
Ksenia Kolesnikova,
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Similar facilities nearby
Elite villa with a pool with a 5% yield, Algarve, Portugal for 4,500,000 €
4,500,000 €
Total area 486 m²4 bedrooms4 bathrooms
New villa with a pool and sea views in Lagos, Faro, Portugal for 2,300,000 €
2,300,000 €
Land area: 731 m²5 bedrooms6 bathrooms
New villa with a swimming pool near golf courses and beaches, Almancil, Portugal for 1,250,000 €
1,250,000 €
Total area 521 m²3 bedrooms4 bathrooms
3 Bed. Villa Turnkey for 1,475,000 €
1,475,000 €
Total area 380 m²Land area: 1,114 m²4 bathrooms
Fabulous Quinta for sale in large plot with Annex, Boliqueime for 1,100,000 €
1,100,000 €
Total area 334 m²Land area: 8,000 m²5 bathrooms
2 Bed. Villa under Renovation for 178,000 €
178,000 €
Total area 75 m²Land area: 2,430 m²2 bathrooms
4 Bed. Renovated Farmhouse for 720,000 €
720,000 €
Total area 161 m²Land area: 1,351 m²4 bathrooms
2 Bed. Traditional House & Land for 585,000 €
585,000 €
Total area 204 m²Land area: 292 m²1 bathroom
Renovated villa with pool in quiet location for 550,000 €
550,000 €
Total area 118 m²Land area: 1,420 m²2 bathrooms
Building: 3+1 Bed Villa, 2 Commercial Spaces — Loulé/ EN125 for 1,100,000 €
1,100,000 €
Total area 310 m²Land area: 2,200 m²6 bathrooms
5 Bed.
Renovated Villa for 730,000 €
730,000 €
Total area 220 m²Land area: 242 m²3 bathrooms
3 + 1 Bedroom beautifully renovated villa for 750,000 €
750,000 €
Total area 117 m²Land area: 2,852 m²2 bathrooms
3 bedroom country house, annexes and workshop for 1,100,000 €
1,100,000 €
Total area 250 m²Land area: 15,715 m²3 bathrooms
3 Bed Villa, large plot in quiet area for 295,000 €
295,000 €
Total area 111 m²Land area: 4,480 m²1 bathroom
Classic 4 Bedroom Villa for 570,000 €
570,000 €
Total area 431 m²Land area: 500 m²2 bathrooms
3+1 Bed. Traditional Villa for 275,000 €
275,000 €
Total area 166 m²Land area: 110 m²2 bathrooms
Villa – Vila do Bispo, Faro, Portugal for 600,000 €
600,000 €
Total area 128 m²Land area: 194 m²2 bedrooms2 bathrooms
Villa – Vila do Bispo, Faro, Portugal for 550,000 €
550,000 €
Total area 115 m²Land area: 181 m²2 bedrooms2 bathrooms
Villa – Vila do Bispo, Faro, Portugal for 800,000 €
800,000 €
Total area 138 m²Land area: 257 m²3 bedrooms2 bathrooms
Old House and Land + Extension Project for 185,000 €
185,000 €
Total area 75 m²Land area: 1,137 m²
Villa – Vila do Bispo, Faro, Portugal for 595,000 €
595,000 €
Total area 108 m²Land area: 123 m²2 bedrooms2 bathrooms
Villa – Vila do Bispo, Faro, Portugal for 575,000 €
575,000 €
Total area 108 m²Land area: 123 m²2 bedrooms2 bathrooms
Villa – Vila do Bispo, Faro, Portugal for 620,000 €
620,000 €
Total area 138 m²Land area: 150 m²2 bedrooms2 bathrooms
Furnished villa with a swimming pool and a garden in a prestigious and picturesque area, Santo Estevão, Portugal for 1,000,000 €
1,000,000 €
Total area 720 m²Land area: 20,000 m²4 bedrooms3 bathrooms
1-25 of 90 listings, page 1 of 4

Albufeira is a seaside resort in the south of Portugal

Albufeira is a city located in southern Portugal that is part of the municipality of the same name and the district of Faro. The population of the municipality of Albufeira is 41,000 people.

The closest airport to Albufeira is located in Faro, 30 km off the municipality. Albufeira has a good transportation infrastructure. Newly-built highways connect Albufeira with Lisbon, Porto and other big cities, while numerous buses and trains stop at the stations of Albufeira. The renovation of the roads was among the key factors that helped Algarve get out of the crisis in 2008. Consequently, the tourism sector evolved, and Algarve became one of the most economically developed regions of Portugal. Because of the great infrastructure, investors buy homes in the suburbs of Albufeira and closest villages without the risk of being sealed off from the rest of the world.

Albufeira is famous for its beaches and ancient architecture

Albufeira is a port city where most local citizens used to be involved in fishing. It is not known for sure when Albufeira was established, but the excavations show that it was the trade and agricultural center even in the times of the Roman Empire. Nowadays, most of the locals work in the tourism sector. Foreigners rent houses in Albufeira because they want to see the ancient architecture of the Old Town, try tasty and inexpensive local cuisine and swim in the Atlantic ocean. In Albufeira’s neighbourhoods one can find an ancient Moorish castle, a national park and plenty of beaches, including the wild ones for those who find the city beach overcrowded.

Investors can get a Golden Visa for buying a home in Albufeira

Property prices for houses in Albufeira start from €180,000, although there is the biggest range of choice for investors with more than €300,000. There are often a spacious terrace, a swimming pool and a garden that are included in the cost of houses in Albufeira. Many villas in Albufeira have panoramic ocean views. Besides, non-EU citizens can obtain a special residence permit (or a Golden Visa) for buying property for more than €500,000.

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        FAQ about Albufeira
        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 a house 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 house totals about € 100-130 per month.
        How can a house 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 houses 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 houses 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 a house 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.
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