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Albufeira · report

Public housing works in Albufeira

Public bodies signed €173.3K of housing works here in 2025, and €1M since 2012.

Signed in 2025
€173.3K
Per resident, 2025
€3

Public housing works signed in Albufeira

Contracts to build and renovate housing published on Portal BASE, by the year they were signed, before VAT. Complete years only; the data runs to October 22, 2026.

Show the numbers
YearValue signed
2025€173,305
2024€28,821
2023€214,049
2022€179,982
2021€0
2020€90,085
2019€165,289
2018€52,349
2017€16,390
2016€84,924
2015€9,730
2014€0
2013€7,598
2012€0

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Contracts are placed in a municipality from the place of work they name; one that names several municipalities is split evenly between them. A district or region adds up its municipalities. The value is the price at signing; later changes to it are not added.

Other reports for Albufeira

Asking prices have an 80% chance of landing between €4,238/m² and €4,602/m² by September 2027.

Expected, September 2027
€4,420/m²
Chance of a rise
94%

At the bank valuation, a 90 m² home costs €282,240. With 10% down and a 30-year mortgage, the payment is €1,071 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
52%
Payment, one income
105%

Owning and renting a 90 m² home cost about the same each month. Owning counts interest, running costs and the return the deposit could earn, at the median sale price. Repaying the loan is saving, so it is left out.

Rent per month
€1,100
Owning per month
€1,102

Sellers ask 33.7% more than banks value homes at. A year ago the gap was +34.3%.

Gap today
+33.7%
Change in a year
−0.6 pp

17.9% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
95
Per 1,000 residents
1.5

Over the last 12 months, buyers domiciled abroad paid 15.8% more per m² than buyers living in Portugal.

Abroad against residents
+15.8%

Bank valuations have fallen by 3% or more 6 times since 2011. The deepest began in January 2011.

Deepest fall
−29.2%
Recovery from the low
59 months

In 2025 the population fell by 109 while 148 homes were finished.

Homes finished, 2025
148
Population change, 2025
−109

13.3% of the 45,083 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
13.3%
Empty homes
5,983

In 2025, 29% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
29%
Reconstructions per 100 new buildings
0.0

Data: INE, ECB and others · updated October 27, 2026

Asking prices and bank valuations are not sale prices. This is a description of public data, not financial advice.

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