Updated: October 3, 2024

Albufeira - A City on the Algarve Coast

Welcome to Albufeira, a captivating coastal town nestled in the heart of the Algarve region of southern Portugal. Albufeira effortlessly combines the charm of traditional Portuguese culture with the vibrant energy of a modern tourist destination.

Its sun-kissed beaches along the Atlantic Ocean, picturesque landscapes, rich history, and bustling nightlife make it a perfect holiday destination for travelers from around the world. In this article, we’ll discuss Albufeira apartments for rent, including short- and long-term rentals, average prices, and more.

Over the centuries, Albufeira has transformed from a small fishing village into a thriving resort city that attracts visitors seeking both relaxation and excitement. Despite its growth, Albufeira has managed to preserve its authentic character, seen particularly in the narrow cobbled streets of the historic center, where whitewashed houses and charming squares create a picturesque setting. You can visit beautiful beaches like Fisherman’s Beach (Praia dos Pescadores), Albufeira Marina (Marina de Albufeira), and Albufeira Old Town to soak up this city’s quaint atmosphere.

For many looking to explore Albufeira, apartments for rent are a popular option. Fortunately, Portugal has no restrictions on foreigners, meaning you can rent both short- and long-term or even purchase an apartment. So, let’s take a look at the types of apartment rentals and different areas to find apartments available for rent in Albufeira, Portugal. 

Check out our article: Living in Algarve – An Ultimate Guide.

Types of Apartments Available

Renting in Portugal, you will find both short and long-term rentals on the market. The Albufeira real estate market offers various property types catering to different lifestyles and preferences.

Whether you seek a luxurious beachfront villa within walking distance of your favorite swimming spot, a charming townhouse in a quiet area of the historic center, a modern apartment with a coffee machine and a panoramic sea view, or a serene countryside retreat with easy access to hiking trails, Albufeira has it all.

Both short-term and long-term rentals will cater to different requirements, so the best option for you really comes down to your individual needs and preferences.

Short-term rentals 

A short-term rental is usually rented for a couple of days or weeks, sometimes months. These types of rentals can be a room in a house, vacation rentals, or small apartments or properties available from month to month. A short-term rental is an excellent option if you’re looking to stay in a place for a short period of time.

You can use platforms like Airbnb and BluePillow when looking for a holiday apartment and short-term rentals in Albufeira, Portugal. Using their search criteria, you can specify requirements like ‘ground floor’, ‘private pools’, ‘sofa bed’, ‘private room’, and ‘two bedrooms’.

Long-term rentals

Long-term rentals are leased for a fixed price, usually for several months or on a yearly basis. You will typically have a contract or lease agreement signed by both you, the renter, and the landlord, stating the rental terms and conditions.

As you can see, apartments for rent in Portugal can cater to every need, whether you’re a family relocating to Portugal and looking for a long-term rental or a digital nomad looking for a short-term vacation rental while you explore the country.

Apartments are available in different sizes and areas and with different amenities, all of which will influence the rental price.

For example, in Albufeira, you can find a one-bedroom 70 square meter apartment for €700 per month, a two-bedroom 113 square meter apartment for €900 per month, or even a three-bedroom 150 square meter apartment for €1,200 per month.

If you’re in the market for something more extravagant, you can find a four-bedroom 229-square-meter luxury villa for €3,000 per month or a luxury 305-square-meter clifftop beach villa with four bedrooms for €4,950 per month. Features in these kinds of properties can include things like access to a swimming pool, a private pool, a sun terrace, a private balcony, air conditioning, or being located just a short walk from conveniences like public transport.

 

Goldcrest: Who We Are and How We Can Help You

Goldcrest is a buyer’s agent that is based in Lisbon. We provide expert, impartial advice on real estate investments and how to buy property in Portugal. From scouting out the perfect property through to property acquisition, we have you covered.

If you are looking to purchase property in Portugal, don’t hesitate to get in touch. Our team of skilled experts is available to solve all your real estate doubts, offering insightful expertise and strategic advice. We are focused on securing the best deal for you.

Whether you’re seeking relaxation, adventure, or a lively escape, Albufeira has it all. With its captivating blend of history, natural beauty, and vibrant atmosphere, this coastal gem has something to offer every traveler. Albufeira apartments for rent are a fantastic way to ensure an unforgettable experience on Portugal’s stunning Algarve coast.

 

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Frequently Asked Questions about Albufeira Apartments for Rent

According to Numbeo, renting a one-bedroom apartment in the city center of Albufeira will cost €1,083.33 per month, while a three-bedroom apartment will cost €1,750. Outside of the city center, this will cost €933.33 and €1,450, respectively.

Yes, you can rent property long-term in Albufeira. Portugal has no restrictions on foreign renters, who are able to rent both short- and long-term properties. You can find a vacation rental or long-term house rentals in a fantastic location like Old Town Albufeira with features like a sea view, swimming pool, or free wifi.

Albufeira is known for being a coastal city that offers a vibrant club culture, lively restaurants, and stunning beaches that offer a tranquil location to relax after enjoying the city’s busy nightlife. The city also offers a number of popular tourist attractions, such as Benagil Cave, Albufeira Old Town, Falésia Beach, Fisherman’s Beach, and the Old Fishermen’s Area.