€268,506
Olhos de Água
1 bd 1 ba 80 m²
Olhos de Água Real Estate: Apartments and Villas on the Algarve
57 homes and apartments for sale in Olhos de Água, Portugal.
Photo: Ronan Furuta / Unsplash
Properties for sale in Olhos de Água
24 properties shown
€559,650
Olhos de Água
3 bd 3 ba 126 m²
€454,710
Olhos de Água
2 bd 1 ba 90 m²
€444,716
Olhos de Água
2 bd 2 ba 112 m²
€239,847
Olhos de Água
1 bd 1 ba 103 m²
€314,799
Olhos de Água
1 bd 1 ba 76 m²
€189,879
Olhos de Água
1 bd 1 ba 56 m²
€219,859
Olhos de Água
1 bd 1 ba 110 m²
€389,752
Olhos de Água
2 bd 2 ba 72 m²
€899,426
Olhos de Água
3 bd 4 ba 180 m²
€589,624
Olhos de Água
4 bd 3 ba 170 m²
€1,279,185
Olhos de Água
3 bd 3 ba 183 m²
€939,401
Olhos de Água
3 bd 3 ba 183 m²
€834,468
Olhos de Água
3 bd 3 ba 183 m²
€5,996,176
Olhos de Água
4 bd 4 ba 321 m²
€1,798,853
Olhos de Água
4 bd 5 ba 321 m²
€529,662
Olhos de Água
1 bd 3 ba 80 m²
€1,499,060
Olhos de Água
17 bd 20 ba 1,057 m²
€1,249,217
Olhos de Água
6 bd 7 ba 275 m²
€349,519
Olhos de Água
3 bd 2 ba 92 m²
€298,516
Olhos de Água
1 bd 1 ba 67 m²
€225,615
Olhos de Água
1 bd 1 ba 59 m²
€330,039
Olhos de Água
1 bd 1 ba 66 m²
€411,121
Olhos de Água
1 bd 1 ba 66 m²
Buyer's guide: Olhos de Água
Olhos de Água is a former fishing village on the Algarve coast, and property for sale there currently has a median asking price of €544,656 on RealEstateAbroad. It is within Albufeira's municipality but calmer, with a rocky beach and smaller buildings.
Price table
Asking prices from 50 listings. The upper quartile is very high (€1,315,164) because villas with pools and sea views sit in a different league from town flats.
| Indicator | Value |
|---|---|
| Listings | 50 |
| Median asking price | €544,656 |
| Lower to upper quartile | €317,200 to €1,315,164 |
| Median price per m² | €4,449 |
| Median size | 116 m² |
Property mix
- Commercial units: 18
- Apartments: 16
- Houses: 10
- Land: 4
- Villas: 2
Commercial units are unusually numerous, suggesting shops, restaurants or ground-floor units are for sale. One-bedroom homes lead the bedroom split with 11 listings, followed by three-bedroom (6) and four-bedroom (5). For residential comparisons see villas in Portugal and apartments in Portugal.
Read more (2 more sections)Show less
The Algarve setting
Olhos de Água sits about 6 km east of Albufeira, and its beach is a draw for holidaymakers and holiday-let buyers. Faro airport is roughly 30 to 40 minutes by road. The neighbouring markets in our data are Albufeira, Vilamoura, Quarteira, Almancil, Loulé and Boliqueime, all within the central Algarve. Look closely at the building's licence for short-term rentals, because local accommodation rules vary by zone.
Buying in Portugal
Foreigners buy without restriction. Obtain a NIF, hire an independent lawyer, sign the CPCV with a deposit, pay IMT and stamp duty and complete the deed. A flat 7.5% IMT rate for non-residents was introduced in 2026, though reports of its start date vary, so confirm it. The golden visa no longer covers residential property, so buy for lifestyle and rental income.
See the Portugal country page, the Portugal buying guide and financing in Portugal.
Last updated 8 October 2026
Buying property in Olhos de Água: FAQ
Is Olhos de Água part of Albufeira?
Yes, it is in Albufeira municipality, a few kilometres east of the town.
How much is a flat in Olhos de Água?
There are 16 apartments among the listings, with a median asking price across all types of €544,656.
Why so many commercial listings?
18 of 50 are commercial units such as shops or restaurants. Check use class before assuming conversion to housing.
Can I run a holiday let?
Possibly, if the property holds an Alojamento Local licence or the zone allows one. Verify before buying.
What transfer tax do non-residents pay?
A flat 7.5% IMT for non-residents was introduced in 2026. Ask your lawyer for exact figures.
More property in Portugal
Popular cities in Portugal
Property types in Portugal
- Apartments for sale(7,885)
- Houses for sale(6,539)
- Commercial Property for sale(4,739)
- Land for sale(4,693)
- Villas for sale(1,158)