Oura

Oura is the modern resort heart of Albufeira, centred on Praia da Oura and the famous Strip of bars and clubs. Wall-to-wall apartment blocks, hotels and aparthotels make it the engine room of the town's short-let economy, drawing a young, party-oriented summer crowd alongside families staying at the beach end. Apartments here trade around EUR 3,500-4,500 per m2, with beachfront units at a premium. The sheer density of holiday demand supports gross yields of 5.0-6.5% on well-located short-lets, though returns are seasonal and AL licensing applies. Oura suits investors who want maximum holiday-rental throughput and accept the trade-off of summer-skewed demand and lively surroundings.

Oura in Albufeira, Faro District (Algarve), Portugal