🏡 Buying a Home in the Algarve: Your Guide to Owning Property in Southern Portugal

By Miguel Rodrigues Algarve Real Estate

Are you dreaming of owning a home in Portugal? Whether you’re relocating, retiring, or investing in a holiday property, buying a home in the Algarve is one of the best lifestyle and financial decisions you can make.

Known for its sunny climate, stunning coastline, and laid-back lifestyle, the Algarve attracts buyers from all over the world — and the Portuguese property market continues to offer great value compared to other European destinations.

Here’s everything you need to know to start your property journey in the Algarve.

🌍 Why Buy Property in the Algarve?

• 300+ days of sunshine

• Safe and peaceful environment

• Strong rental demand

• Excellent healthcare and infrastructure

• International community

• Attractive property prices compared to Spain or France

Whether you’re looking for a beachfront apartment, countryside villa, or family home in town, the Algarve offers a wide variety of options — and Miguel Rodrigues | Algarve Real Estate can help you find the perfect fit.

📍 Best Places to Buy a Home in the Algarve

Every area of the Algarve has its own unique charm. Here are some of the most popular locations for buyers:

• Armação de Pêra – Great for beachfront living with local charm

• Lagos – Beautiful historic center, marina, and vibrant expat community

• Albufeira – Lively, central, with strong rental potential

• Vilamoura – Luxury living, golf, and marina lifestyle

• Tavira – A quieter, authentic Portuguese town with growing interest

• Portimão – A balance of urban life and beach proximity

👉 See our available Algarve properties

🔍 Step-by-Step: How to Buy a House in the Algarve

1. Define Your Budget and Goals

Will this be your permanent residence, a holiday home, or a rental investment? Define your budget, financing options, and long-term plans.

2. Choose a Trusted Real Estate Agency

Working with a licensed, local agency like Miguel Rodrigues | Algarve Real Estate gives you access to vetted properties and expert guidance throughout the process.

3. View Properties

We’ll schedule virtual or in-person viewings based on your preferences and lifestyle needs.

4. Make an Offer

Once you’ve found the right property, we’ll help negotiate and formalize your offer.

5. Hire a Lawyer and Begin Due Diligence

A lawyer will check the property’s legal status, land registry, debts, and licenses. This is an essential part of the process.

6. Sign the Promissory Contract (CPCV)

A deposit (typically 10%) is paid, and both parties agree to terms before the final deed.

7. Sign the Final Deed (Escritura)

The final contract is signed in front of a notary, and you officially become the property owner.

💡 Important Tips for Buyers

• NIF Number: You’ll need a Portuguese tax number to buy property. We can assist with this.

• Financing: Non-residents can apply for mortgages in Portugal (usually up to 70% of the purchase price).

• Purchase Costs: Budget approx. 6–8% of the property price for taxes, notary, and legal fees.

• Golden Visa: As of 2024, residential real estate in the Algarve is no longer eligible for the Golden Visa, but investment routes still exist.

🧭 Why Work with Miguel Rodrigues Algarve Real Estate?

We’re not just here to sell you a property — we’re here to guide you through every step of the home buying process in the Algarve, from the first viewing to the final signature. With years of local market knowledge and a personal approach, we make buying property in Portugal smooth and stress-free.

👉 Contact us today to start your home search

👉 Browse our current listings in the Algarve

Live your dream. Invest with confidence. Own a piece of the Algarve.