Olhos de Agua

A former fishing village east of Albufeira with a charming beach, quieter than the resort core and popular with families.

Updated June 17, 202611 min read

About Olhos de Agua

Olhos de Agua is a former fishing village a few kilometres east of central Albufeira, set around a sheltered cove famous for the freshwater springs that bubble up through the sand at low tide. It retains a village feel with seafront restaurants and a relaxed pace, offering a calmer, family-friendly alternative to the Oura strip while staying close to the Falesia cliffs and resort amenities. Apartments and villas here trade around EUR 3,800-5,000 per m2, with sea-view and beachfront stock at a premium. The mix of holiday-let appeal and a settled resident base supports gross yields of 5.0-6.0%. For buyers wanting beach-village charm with solid rental fundamentals and less peak-season intensity, Olhos de Agua is a balanced choice within the Albufeira municipality.

Location

Olhos de Agua in Albufeira, Faro District (Algarve), Portugal

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