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Albufeira · report

New homes in Albufeira

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

Homes licensed for construction in Albufeira

Dwellings in new buildings licensed over the previous 12 months, at each month.

  • Albufeira
  • Ten-year average
Show the numbers
PeriodAlbufeira
Aug 202695
Jul 202695
Jun 202698
May 202697
Apr 202653
Mar 202651
Feb 202645
Jan 202646
Dec 202553
Nov 202554
Oct 202569
Sep 202573
Aug 202572
Jul 202572
Jun 202572
May 202584
Apr 202571
Mar 202571
Feb 202571
Jan 202599
Dec 202486
Nov 202486
Oct 202478
Sep 202476
Aug 202478
Jul 202491
Jun 202496
May 202484
Apr 202487
Mar 202494
Feb 2024155
Jan 2024128
Dec 2023133
Nov 2023169
Oct 2023159
Sep 2023165
Aug 2023161
Jul 2023179
Jun 2023174
May 2023188
Apr 2023189
Mar 2023181
Feb 2023118
Jan 2023131
Dec 2022126
Nov 202290
Oct 202289
Sep 202289
Aug 202290
Jul 202261
Jun 202264
May 2022110
Apr 2022127
Mar 2022127
Feb 2022148
Jan 2022133
Dec 2021187
Nov 2021189
Oct 2021215
Jul 2021231
Apr 2021161
Jan 2021172
Oct 202097
Sep 202078
Aug 2020117
Jul 202093
Jun 2020105
May 2020107
Apr 2020122
Mar 2020101
Feb 2020102
Jan 2020182
Dec 2019202
Nov 2019198
Oct 2019204
Sep 2019211
Aug 2019226
Jul 2019223
Jun 2019214
May 2019253
Apr 2019246
Mar 2019249
Feb 2019236
Jan 2019155
Dec 2018133
Nov 2018134
Oct 2018210
Sep 2018195
Aug 2018170
Jul 2018169
Jun 2018168
May 2018127
Apr 2018103
Mar 2018102
Feb 201899
Jan 2018107
Dec 2017109
Nov 2017109
Oct 201724
Sep 201719
Aug 201725
Jul 201725
Jun 201723
May 201735
Apr 201734
Mar 201726
Feb 201736
Jan 201729
Dec 201620
Nov 201628
Oct 201627
Sep 201620
Aug 201629
Jul 201638
Jun 201641
May 201616
Apr 201652
Mar 201649
Feb 201613
Jan 201650
Dec 201550
Nov 201513
Oct 201552
Sep 201556
Aug 201522
Jul 201550
Jun 201542
May 201528
Apr 201528
Mar 201528
Feb 201529
Jan 201527
Dec 201426
Nov 201427
Oct 201423
Sep 201422
Aug 201413
Jul 201413
Jun 201410
May 201410
Apr 201412
Mar 201418
Feb 201416
Jan 201417
Dec 201316
Nov 201315
Oct 201315
Sep 201320
Aug 201321
Jul 201321
Jun 201329
May 201333
Apr 201360
Mar 201353
Feb 201365
Jan 201364
Dec 201285
Nov 201285
Oct 201286
Sep 201282
Aug 201281
Jul 201286
Jun 201279
May 201295
Apr 201275
Mar 201276
Feb 201264
Jan 201264
Dec 201142
Nov 201143
Oct 201145
Sep 201143
Aug 201143

Homes finished and licensed each year in Albufeira

Homes completed in new buildings (columns) against homes licensed for construction (line), each year since 2011. INE.

  • Homes finished
  • Homes licensed
Show the numbers
YearHomes finishedHomes licensed
202514853
20244486
2023139133
2022225126
2021189187
202085119
201965202
201838133
201747109
201612124
20157540
20147426
20135816
20127685
201128442
Homes finished per 1,000 residents, 2025
2.3

Who built the homes finished in Albufeira

Who built the homes completed each year, as a share of that year. INE, since 2011.

  • Cooperatives and others
  • Public bodies
  • Private individuals
  • Companies
Show the numbers
YearCompaniesPrivate individualsPublic bodiesCooperatives and othersTotal
202581.8%18.2%0.0%0.0%148
202422.7%77.3%0.0%0.0%44
202356.8%43.2%0.0%0.0%139
202284.0%16.0%0.0%0.0%225
202172.0%28.0%0.0%0.0%189
202080.0%20.0%0.0%0.0%85
201978.5%21.5%0.0%0.0%65
201842.1%57.9%0.0%0.0%38
201759.6%40.4%0.0%0.0%47
201663.6%36.4%0.0%0.0%121
201589.3%10.7%0.0%0.0%75
201487.8%12.2%0.0%0.0%74
201377.6%22.4%0.0%0.0%58
201282.9%17.1%0.0%0.0%76
201175.0%25.0%0.0%0.0%284

Homes finished in Albufeira, by number of bedrooms

Homes completed in new buildings by number of bedrooms, as a share of each year. INE.

  • Four or more
  • Three bedrooms
  • Two bedrooms
  • Studio or one bedroom
Show the numbers
YearStudio or one bedroomTwo bedroomsThree bedroomsFour or moreTotal
202568.2%6.8%16.9%8.1%148
20246.8%20.5%34.1%38.6%44
202336.7%23.0%28.8%11.5%139
202227.6%42.2%21.3%8.9%225
202140.2%30.7%19.6%9.5%189
20202.4%60.0%17.6%20.0%85
201955.4%15.4%15.4%13.8%65
201836.8%5.3%39.5%18.4%38
201740.4%25.5%17.0%17.0%47
201656.2%24.8%12.4%6.6%121
201513.3%62.7%17.3%6.7%75
201416.2%50.0%23.0%10.8%74
20131.7%22.4%55.2%20.7%58
20123.9%55.3%30.3%10.5%76
201141.2%33.5%18.7%6.7%284

A licence is permission to build, not a finished home: most are completed one to three years later, and some never are. INE publishes licensing three months at a time, so four windows make a year.

Other reports for Albufeira

Next 12 months

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%

Affordability

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%

Buy or rent

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

Asking against valuation

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

Foreign buyers

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

Abroad against residents
+15.8%

Past cycles

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

People and new homes

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

Homes finished, 2025
148
Population change, 2025
−109

Empty homes

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

Renovation

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

Public housing works

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

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

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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