Real estate prices in Alvor, Algarve, South of Portugal
The Alvor housing market report summarises key trends in Alvor’s housing market in the Algarve. The analysis covers house prices and new developments. The report primarily draws on publicly available datasets. The Alvor housing market (houses, villas, apartments) report is updated regularly.
Property prices in Alvor – Algarve Region – Portugal
Buying prices per m2 in Alvor in 2021 ~2,300€ to 2,400€
Alvor is located in the west of the Algarve, in the south of Portugal. Attached to the municipality of Portimão, the city covers an area of 15.25 km2 and has 7,000 inhabitants.
This former fishing village is now a popular holiday destination in the Algarve.
Despite the development of real estate and tourist complexes with modern facilities, Alvor retains its traditional character and village charm.
Alvor beach is located to the west of this village, just beyond the picturesque harbour and fishermen’s huts.
Flanked by dunes, this immense expanse of golden sand is dazzling. High tides generate enough waves to attract bodyboarders and surfers, and this is where the famous Alvor promenade begins.
Municipality of Portimão, Faro District, Algarve Region
By the sea
Rich historical and cultural heritage
More than 300 days of sunshine per year
Approximately 7,000 inhabitants
77 km from Faro airport
285km from Lisbon airport
Alvor is located between Lagos and Portimão in the Algarve region
Alvor, live by the sea!
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Alvor old town
Walk along the narrow cobbled streets of Alvor and discover the remains of Moorish influence. The 16th century church – the mother church – with its beautiful arches and Manueline pillars is a memorable souvenir of the past. Unfortunately, very little remains of the village’s medieval castle around which houses were built. Only one of the towers and two sections of the wall remain intact. Nevertheless, this visit is worthwhile for anyone interested in the history of the region.
The Alvor waterfront has changed a lot recently. With its cobbles and rows of palm trees and bars, this area is perfect for relaxing with an ice-cold beer and observing the work of fishermen. From there, you can take a boat trip on the river to Silves or, if you feel like more adventurous, go on an all-day excursion, including fishing and swimming. If you fancy fresh fish, go to the rescue station – follow the the smell of grilled fish!
Alvor has blue flag beaches in both the east and west, guaranteeing good water quality, cleanliness and beach safety.
On the promenade
The 3 km promenade is a pleasant and safe way for everyone to enjoy the magnificent view of Alvor’s coast.
It leads to peaceful blue lagoons and a wetland estuary; the estuary is one of the most important wildlife sanctuaries in southern Portugal and a key location for keen bird watchers. Many plants are in bloom at the end of January and, in spring, the variety of woodland flowers is an amazing sight.
At the end of the walk, you can turn back or continue east. If you choose to continue eastward, there are many restaurants and bars waiting for you. On the beach of Três Irmãos, you will find a rocky formation where you can shelter from the sun.
A word from the real estate expert in Alvor
«Our real estate agents in Almancil, experts in the local market, explore, visit and find exceptional properties throughout the Algarve region in the South of Portugal. Fully aware of the selling price per m2 in this region, they search and find the ideal property for you by relying on a trusted network and the best technologies to find real estate in the Algarve.»
Average price per m2 in Alvor: ~2,300€ à 2,400€
Alvor: real estate market conditions
Information on the purchase prices for an apartment or house / villa in Alvor. Average real estate prices per m2.
Location: Alvor Algarve Region – Southern tip of Portugal
Property type: Renovated apartment / Villa – House
House: cheapest average selling price (including agency fee): 2,400€/m2
Apartment: cheapest average selling price (including agency fee): 2,300€/m2
Living in Alvor
Alvor offers a multitude of facilities, including local shops and markets, golf courses, tennis club and a municipal swimming pool. Near Portimão are some of the best shopping centres, sports and leisure facilities in the Algarve. The beautiful city of Lagos lies to the west of Alvor; the vast beach of Meia Praia lies on the other side of the Alvor estuary and extends to the port of Lagos.
An excellent place to become a homeowner
Given Alvor’s growing popularity, it is a good idea to buy a property there and enjoy the Algarve lifestyle. It is a good place to invest.
Here are some of the advantages of having a property in Alvor:
Faro Airport is only 50 minutes away and offers several low-cost flights
A central location with good access to the rest of the Algarve
A variety of International restaurants, bars and leisure activities
Traditional markets, supermarkets, English-speaking banks, pharmacies, health centres, among many other amenities
Beautiful golf courses, a municipal swimming pool and a tennis club
Wonderful beaches and one of the most famous wildlife sanctuaries in southern Portugal
Access to excellent leisure and sports facilities, such as the Algarve International Autodrome in Portimão, which offers a host of events
‘Áqua’, a recent shopping centre nearby in Portimão
A short distance by car or bus to Lagos
Best golf courses:
Some beaches in Alvor:
Praia do Alvor
Praia de Três Irmãos
Praia da Prainha
Praia do Alemão
Praia do Vau
Villa near the beach
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