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Meravista’s Bargain Bucket

by Almonds and Oranges   

Meravista’s latest Algarve property market survey reveals that there has been a recent change in trend and that house prices, on average, are on the up across the region.

That’s great news for vendors, but not such hot news for buyers looking to invest in a low-priced property. But bargain hunters don’t despair;there are still some unbelievable price reductions and fantastic deals to be had. We’ve collected a few in our bargain bucket.

These apartments would make ideal holiday homes or excellent investments if you’re thinking of buying to let.

Frontline sea views in popular resort

Reduced by almost 20% - €210,000 to €170,000

This one bedroom apartment in Quarteira is in the perfect holiday spot. Only a few steps away from the beach, it’s situated on the pedestrian promenade and has shops, restaurants and cafés just around the corner.

To view this property click here

Reduced Price Apartment Quarteira Algarve Portugal

You’d have to go a ‘fairway’ to beat this bargain

Reduced by almost 20% - €320,000 to €260,000

Surrounded by a 27 hole championship golf course and set in a private condo with fantastic facilities, this south-facing, modern, two bedroom apartment is a golfer’s dream. Every holiday luxury you could wish for is onsite, including a fabulous 5 star spa, shops and restaurants, and it’s just minutes from the beach too.

To view this property click here

Reduced Price Golf Apartment Loule Algarve Portugal

Unbelievable value in east Algarve - €350,000 to €260,000

Reduced by 26%

This five bedroom three-bathroom luxury apartment, close to Tavira town centre, is a snip at €260,000. Finished to a high standard it offers allocated underground parking and a roof terrace with sea views.

To view this property click here

Reduced Price Apartment Tavira Algarve Portugal

Prime location penthouse

Reduced by over 20% - €325,000 to €258,000

This brand new three bedroom penthouse is in a prime holiday spot in Lagos. It has spectacular sea views, a communal pool, underground parking and, what’s more, it comes fully furnished and ready to enjoy.

To view this property click here

Reduced Price Penthouse Lagos Algarve Portugal

Next into our bargain bucket is this selection of houses and villas, across a broad price range, which represents a few of many remarkable buys to be found across the Algarve.

The perfect family home or investment property

Reduced by over 50% - €495,000 to €245,000

It’s not often that you’ll find a property price slashed by over 50%. “What’s wrong with it?” we hear you ask. Well, as far as we can see, everything’s right with it! Finished to a high standard, it’s set in a landscaped plot in a great location. It has four bedrooms and four bathrooms, a heated pool, underfloor heating and air conditioning. Perfect as a permanent residence or a holiday home;good rental potential too.

To view this property click here

Reduced Price House Olhao Algarve Portugal

Fantastic potential

Reduced by 24% - €395,000 to €299,500

This four bedroom house has bags of potential. Located in a quiet area on the edge of the town of São Brás, with good country views, it has a large swimming pool formed from a natural lake and a guest apartment on the first floor. The third bedroom could also easily be converted into a separate studio.

To view this property click here

Reduced Price House Sao Bras de Alportel Algarve Portugal

New stylish home in top holiday destination

Reduced by almost 10% - €750,000 to €680,000€

This newly-built, five bedroom, five bathroom villa, is just minutes from the beaches and the centre of Albufeira. The property has a private terrace which looks over the communal pool and the three main bedrooms each have their own large balcony, from which panoramic and sea views can be enjoyed.

To view this property click here

Reduced Price Villa Albufeira Algarve Portugal

The ultimate in energy efficiency on the west coast

Reduced by over 30% - €1,1m to €750,000

Another amazing reduction. This superbly finished villa on the Algarve’s west coast, has been built to a peerless energy-efficient specification. Located on a large plot, with sweeping views to the traditional village of Barão S. Miguel and the wooded hills beyond, it has a heated saltwater pool set in mature, landscaped gardens. Its unique design features a detached annexe; ideal for guests.

To view this property click here

Reduced Price House Lagos Algarve Portugal

There are also several plots of land for sale which have been reduced in price. So if you’re thinking of building your own home in the sun, look for the bargains and save your budget for the construction.

Stunning plot with approved project

Reduced by 50% - €300,000 to €150,000

Getting planning permission in Portugal can be a lengthy process, so buying land with building approval already granted, can save a lot of time, money and effort. Have a look at this 7.000m² plot in an exclusive location near Loulé, with fantastic sea views. It has a project approved for a four bedroom villa with pool and is on offer for half its original price,

To view this property click here

Reduced Price Land Loule Algarve Portugal

If you’re considering starting up business in the Algarve, there are some great opportunities to buy commercial premises at today’s low prices.

Be your own boss in this holiday hotspot

Reduced by almost 20% - €770,000 to €625,000

This beautiful Quinta on the outskirts of Carvoeiro has excellent commercial potential. With up to 10 bedrooms, it would make an ideal boutique hotel or a stylish B&B. It has easy access to beaches, shops, restaurants, golf courses and other amenities. If you want to live and work on site, the property could easily be divided to provide an independent residence for the owners.

To view this property click here

Reduced Price Commercial Property  Algarve Portugal

Euros Algarve Portugal


There are so many reduced prices properties to choose from right now, you’re bound to find one that’ll help you make your budget go further. Start your own search here.




Brought to you by Meravista – the place where smart people search for Algarve property for sale.

Meravista Property Search Algarve Portugal

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