Prestige Property Group

Algarve Property For Sale

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Over 20 years experience in the area.

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Area Guide Contact Us

The Algarve is the southern part of Portugal and runs from Cabo de Sao Vicente in the west, facing out to the Atlantic, to the Spanish border at Vila Real de Santo Antonio in the east.

The main towns of the area are Faro, where the international airport is situated, Albufeira, an attractive seaside resort with many old houses and narrow streets, Portimao, a town with a large fishing fleet and its adjacent seaside resort of Praia da Rocha with hotels, shops andexcellent sandy beaches. Further west is the town of Lagos, also with a fishing fleet and a small marina.

For those liking the smaller, quieter beaches and coves, Olhos D'Agua just east of Albufeira offers an almost perfect setting with sandy beach and rocky coves and a small village set in a ravine with excellent small restaurants which include a choice of fresh seafood. Carvoeira further west towards Portimao again offers a similar attractive setting though the village is a little larger. To the east of Faro is Tavira, an old, very historic town with fascinating buildings with unusual undulating roofs and several old churches plus a castle. On the Spanish border is the holiday resort of Montegordo with a long sandy beach and pine covered dunes behind.

The Algarve inland has a great appeal to those wanting tranquillity. The coastal plain is gently rolling with almonds, figs, vines, olives, cork trees etc. on reddish soils but behind there lies a range of mountains with the most excellent views and many small hill villages.

For yachting enthusiasts the new town of Vilamoura has a good yacht marina and adjacent is the seaside town of Quarteira with many restaurants, bars, etc. Golf courses in the area include Val de Lobo near Faro and Penina between Portimao and Lagos, but there are several other courses to choose from. Towns such as Silves, with its old castle and historic cathedral are well worth a visit.

The tiny hamlet of Caldas de Monchique, some 25 minutes' drive inland from Portimao, has a spa, several small restaurants and a very inexpensive small hotel just 5km below the town of Monchique perched right at the top of the mountains.

We have over 600 beautiful Algarve properties for sale, from beachfront apartments and villas to rustic farmhouses in the hills.

1. Signing a Letter of Intent

On finding a property you wish to purchase, your agent will draw up a 'Letter of Intent, this will be signed by both parties, vendor and buyer. Copies of this will be given to the legal representatives of both parties and will be used in preparing the Promissory Contract. Included in this letter will be the price, what is included in the sale, furnishings etc. and any conditions of the sale plus the dates for both exchange and completion.

2. Exchange of Promissary Contract (Contrato Promessa de Compra e Venda)

The buyers lawyers are responsible for drawing up the promissory contract (Contrato Promessa de Compra e Venda) and as part of the process they will have carried out the legal searches and made sure that there are no charges, e.g. utilities, property tax etc. against the property. The contract will contain details of both parties and include clear title of ownership, when payments are due to be made, the completion date and an inventory, if required. The Promissory Contract is legally binding and will generally be signed by both parties and witnessed by a notary/lawyer. The contract will include penalty clauses in case either party does not fulfill the terms of the contract. A 10%, non-refundable deposit is required at this point, this will be paid to the vendor, through the lawyer's client account. Once the contract has been signed, if the vendor pulls out of the contract, they will be obliged to pay back double the deposit to the purchaser. If the purchaser pulls out, they will lose their deposit.

3. On Completion

The amount of time between signing the Promissary Contract and Completion will vary and will have been agreed in the contract. Before Completion your lawyer will need to arrange with a fiscal representative for you to obtain a Portuguese Fiscal Number. The official Deed of Transfer of ownership (the Escritura) will be signed by you (or someone representing you with your Power of Attorney), this is signed at the Notary and they will retain the document. The Deed will be read aloud by the Notary before all participants sign it. Your lawyer will need to check to ensure that you understand what is being said if you do not understand Portugese. The Escritura, once it has been signed, will officially give you ownership of the property, but will still need to be registered in your name on the Land Registry (Registo Predial) by your lawyer. Your lawyer should obtain a copy of this for your records. Once you have completed, the new utility contracts can be transferred into your name by your lawyer.

IMPORTANT - Disclaimer :
All information provided is believed to be current and provided free of charge. No liability can be accepted for the reliability of the information and statements made as this is obtained from 3rd parties. We always recommend you take legal advice from a fully qualified Lawyer or Notary before buying a property overseas.

227 properties

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Wonderful opportunity to acquire a plot of land of over 1.5 acres with 2 ruins enjoying panoramic sea views from its peaceful location near Santa Barbara de Nexe This is a building project where o......

640,000 EURREF: 246980

Absolutely stunning 3 storey, 6 bedroom luxury villa with gym, nestling in an acre of beautiful landscaped gardens with pool, while enjoying panoramic sea views from its location near all amenitie......

2,395,000 EURREF: 246823

New, modern 2 bedroom first floor apartment with pool, enjoying countryside views from its ideal location in a peaceful area near all amenities in the South of Loule. This new project is composed......

320,000 EURREF: 246821

Ideally located in the quiet and exclusive Gramacho Golf Resort in Carvoeiro, is this stunning 3 bedroom fully furnished elegant villa with pool and garden. On the main floor of this luxurious an......

1,385,000 EURREF: 246792

Very well presented 3 bedroom single storey villa with pool, garden and Jacuzzi, enjoying panoramic views from the roof terrace, located near all amenities in Sao Bras de Alportel. This bright an......

595,000 EURREF: 246713

Spacious 6 bedroom house, with its origins dating back over 100 years, originally used for the horses to be fed and watered. Now incorporated into a large living area with the original natural feat......

600,000 EURREF: 246538

Exceptional minimalistic house situated in the hilly hinterland of the Algarve region, near the picturesque village of Santa Barbara de Nexe. This stunning 3 bedroom single storey architect desig......

1,499,000 EURREF: 246450

Spacious and well maintained 4 bedroom family villa, which is ideally located in the highly sought after Vale Formoso area of Loule. This spacious villa sits in a beautiful established manicured ......

1,980,000 EURREF: 246413

Impressive modern and minimalistic 4 bedroom villa with pool and garden, enjoying panoramic countryside views from its peaceful location near the beach and all amenities in Santa Barbara de Nexe. ......

1,599,000 EURREF: 246408

Perfectly located for those seeking tranquillity whilst being able to easily reach all hot spots around central Algarve, within a short drive and nestled on the outskirts of the charming town of Sa......

1,200,000 EURREF: 246381

In excellent condition throughout, this beautifully presented 3 bedroom south facing detached villa, is set within a wonderful established garden facing the coastline, in a quiet and peaceful count......

749,500 EURREF: 246368

Stunning and modern 4 bedroom villa with the potential of an annex/gym, situated in a countryside setting within a wonderful mature garden, which is a true heaven of peace and quiet with countrysid......

1,750,000 EURREF: 246321

Charming 4 bedroom country house, which is beautifully surrounded by low maintenance gardens and with spacious terraces around the above ground tank swimming pool. Located in a quiet setting just ......

820,000 EURREF: 246159

Grand and spacious 4 bedroom villa, which is beautifully nestled in a quiet and peaceful rural setting on the outskirts of the picturesque town of Loule. This charming villa, which is an oasis off......

3,500,000 EURREF: 246089

Wonderful opportunity to acquire two typical Portuguese Quintas nestling in nearly 7.5 acres of glorious land with fruit and olive trees and a pool, located in a peaceful area near Moncarapacho and......

695,000 EURREF: 246040

Situated in a quiet setting in Santa Catarina da Fonte do Bispo and with stunning far reaching views, this superb villa is set within a large plot of 36,000m2 with a swimming pool and has a living ......

1,400,000 EURREF: 246013

Enclosed by traditional stone walls and accessed via a long cobblestone driveway, this unique 3 bedroom property has lots of potential. The main house, which is reached by a few stairs overlookin......

985,000 EURREF: 246012

Wonderful opportunity to acquire a very well presented 4 bedroom South facing villa with 3 additional studio apartments, nestling in over 6 acres of glorious land with beautiful gardens and pool, w......

1,650,000 EURREF: 245980

Absolutely stunning 3 bedroom villa nestling in over 4 acres of glorious landscaped gardens with pool and fruit trees, enjoying far reaching sea views from its peaceful locations in Luz de Tavira. ......

1,995,000 EURREF: 245967

Luxury 4 bedroom House for sale with countryside view in Almancil, Algarve

Beautifully refurbished 4 bedroom architecturally designed villa set in glorious landscaped gardens with pool, while enjoying panoramic views across the golf course from its peaceful location in Al......

7,750,000 EURREF: 245627

Immaculate 4 bedroom Villa for sale with sea view in Lagos, Algarve

Brand new 3 storey, 4 bedroom luxury villa with pool and garden, enjoying spectacular sea views from the roof terrace of its ideal location near the beach and all amenities in Santa Maria, Lagos. ......

2,450,000 EURREF: 245448

Luxury 4 bedroom Villa for sale with panoramic view in Vila Sol Golf, Vilamoura, Algarve

Beautifully refurbished 3 storey, 4 bedroom luxury villa set in glorious landscaped gardens with pool, while enjoying far reaching views across the golf course from its prestigious location in Vila......

2,500,000 EURREF: 245287

Spacious 10 bedroom Villa for sale with sea view in Loule, Algarve

Excellent opportunity to purchase a property with 12 independent units, located in Loule, with ample outdoor space with a pool side dining and lounging area, a courtyard and a meticulous garden. ......

1,150,000 EURREF: 245242

Spacious 2 bedroom Ground Floor for sale with sea view in Porto de Mos, Algarve

Attractive two bedroom apartment in a good location on the ground floor of a popular residence just five minutes walk from the award winning beach at Porto de Mos. The spacious 96m2 property come......

465,000 EURREF: 245227

Unique 5 bedroom Land for sale with countryside view in Sesmarias, Algarve

Unique opportunity to acquire a plot of land with plans for building a villa, ideally located in Sesmarias, Vila Nova de Cacela, in the Municipality of Vila Real de Santo Antonio. This plot of la......

2,100,000 EURREF: 245155

4 bedroom Villa for sale with countryside view with Income Potential in Santa Barbara de Nexe, Algarve

Unique opportunity to acquire a spacious 2 bedroom villa and 2 bedroom annex set in beautiful landscaped gardens with fruit trees and expansive pool, while enjoying scenic countryside views from th......

1,150,000 EURREF: 245143

Luxury 4 bedroom Villa for sale in Quarteira, Vilamoura, Algarve

Enjoying wonderful views over the golf course, is this fabulous 3 storey, 4 bedroom luxury villa with pool and garden, ideally located near the beach and all amenities in the heart of Vilamoura. ......

3,500,000 EURREF: 245050

Authentic 3 bedroom Villa for sale with sea view in Sao Bras de Alportel, Algarve

Ideally located in a quiet area near the heart of Sao Bras de Alportel, is this charming traditional 3 bedroom villa with pool and garden enjoying sea views from the roof terrace. Situated 4 km f......

665,000 EURREF: 244784

4 bedroom Villa for sale with countryside view and sea view views with Income Potential in Santa Barbara de Nexe, Algarve

Built from 2 ruins, are these 2 stunning modern villas with garden and pool offering countryside and sea views from their location near all amenities in Santa Barbara de Nexe. On the south side, t......

1,230,000 EURREF: 244687

2 bedroom Apartment for sale with Established Rental in Lagos, Algarve

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1. Signing a Letter of Intent

2. Exchange of Promissary Contract (Contrato Promessa de Compra e Venda)

3. On Completion

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