Property for sale in the Algarve

The largest share of listings is currently in the municipality of Loulé — Quarteira and Almancil, on the central stretch of the coast. Next come Tavira and Vila Nova de Cacela in the east, Lagos and Portimão in the west, and the city of Faro, the regional capital. Two- and three-bedroom apartments dominate the offer; villas make up about a fifth.

As of early October 2026 the median listing price in our Algarve catalogue is about €760,000 and the median price per square metre is about €6,500. About one listing in seven is a new development. These figures describe the listings in the BitProperty catalogue, not the market as a whole: the catalogue leans towards coastal property, and the inland parts of the region are less well represented.

If you are buying a holiday home without becoming tax-resident in Portugal, budget for transfer tax. Since 20 May 2026, IMT on residential property bought by a non-resident is a flat 7.5% instead of the progressive scale, plus stamp duty of 0.8%. The three exceptions, including letting the property long-term at a capped rent, are covered in our tax guide. Payment can be made in euro or from crypto: BTC, ETH or USDC is converted into euro through an authorised provider, and the seller receives euro.