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Albufeira property market in 2022-2023 – Prices per sqm meter to buy a home in the Algarve – Portugal

The Albufeira housing market report in 2022-2023 summarises key trends in Albufeira’s housing market in the Algarve Region in Portugal. The analysis covers house prices and new developments. The report primarily draws on publicly available datasets. The Albufeira housing market (houses, villas, apartments) report is updated regularly.

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Albufeira prices per sqm in 2022 ~3 700€

Article updated: October 7, 2022

Information on the purchase prices for a flat or a house / villa in Albufeira. Average property prices per sqm.

LocationProperty typeAverage selling price per sqm
AlbufeiraFlat3 400€/sqm
AlbufeiraHouse / Villa4 000€/sqm

A word from the real estate expert in Albufeira


«Albufeira is a dynamic and attractive area of the real estate market in the South of Portugal. The prices are very reasonable compared to other cities in this region and therefore an interesting area for real estate investment.»

Tagus Property

Property market in Albufeira – Algarve Region – Portugal


Summary

Looking for a real estate agency in Albufeira? Looking to buy a villa, apartment or prestigious house in Albufeira?

Consult the latest information on the real estate market in Albufeira, a seaside resort renowned for its climate and activities in the Algarve, in southern Portugal.

The whole Albufeira coastline is an invitation to water sports such as sailing, water skiing, windsurfing and diving. The greens of the golf courses almost reaching the sea, fine golden sand beaches, often on the edge of ochre cliffs. You can also go horseback riding among the pines or mountain biking.

The city was called “castle of the sea” by the Arabs in the 8th century and is arranged like an amphitheatre overlooking the sea. From these days remain the narrow alleys, the old castle and the very white houses with their terraces and arcades.

At the time, Albufeira was a fishing village with a successful fish export industry. There is still the port near the marina, with its colourful artisanal fishing boats. The space is shared with boats for sea trips and visits to the sumptuous caves along the coast.

Key facts

  • 40,000 inhabitants
  • 4 municipalities including Albufeira and Olhos de Água, Ferreiras, Guia, Paderne

Some figures…

  • More than 300 days of sunshine per year
  • 30 km of coastline
  • 25 beaches
  • 20 golf courses
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Albufeira is located in the centre of the Algarve region in southern Portugal


Albufeira is the tourism capital of the Algarve region


Today, Albufeira is a city and one of the country’s main tourist centre, with 30 km of coastline and about twenty beaches as different as they are beautiful. The municipality has a recognised reputation for nightlife and tourist facilities, but it can also rely on its quiet villages and ancient arts still practiced, such as azulejo manufacturing, copper and plaiting.

Five-star courses in breathtaking landscapes

A reference region for European golf, the Algarve enjoys recognised quality golf courses, several of which have been designed by famous golf architects. Add to that the exceptional natural conditions and climate offered by the Algarve for outdoor sports all year round, and you will easily understand why the region has been chosen to host some of the most prestigious tournaments in the world.

Framed by a valley that winds through steep slopes, Santo António Parque da Floresta, a golf and leisure resort, is an impressive arena that has already received the prestigious Europro Tour.

 the famous  Palmares Golf  from Lagos organises the Amendoeiras em Flor Tournament  in February, when the almond trees are covered with pink and white flowers. 

Also in Lagos, the Quinta da Boavista course has sumptuous lakes and waterfalls, as well as sea views from almost every hole. The Monchique mountain range in Leste also offers a spectacular backdrop to the Golfe do Morgado and Golfe do Alamos courses.

The Meridien Penina Golf & Resort in Portimão, has an excellent course that has won many awards, making it one of the best in Europe. It was the first 18-hole course to open in the Algarve and has already hosted the Algarve Open on several occasions.

In Lagoa, the superb Quinta do Gramacho course in Carvoeiro, designed by Ronald Fream, now hosts the Algarve Ladies Open, a tournament that is part of the Ladies European Tour.

In Albufeira, the Salgados Golf Club combines lakes, waterfalls and undulating sand dunes.

The Algarve courses guarantee fairways and greens in perfect condition at all times and pleasant temperatures.

Living in Albufeira


Best golf courses:

  • Oceânico Faldo Course
  • The Old Course Golf Club
  • Victoria Golf Course
  • Other golf courses in Albufeira

Some beaches in Albufeira:

  • Salgados
  • Galé
  • Evaristo
  • Aveiros
  • Coelha
  • São Rafael
  • Arrifes
  • Pescadores
  • Oura
  • Olhos d’água
  • Falésia
  • Rocha Baixinha

Tags:

  • Sea view
  • Near golf course
  • Equestrian property
  • Modern villa
  • Villa with swimming pool
  • Traditional villa
  • Bed and Breakfast
  • Purchase Algarve

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