Rent out your house to tourists in Albufeira
Renting out to tourists in Albufeira is very lucrative. The village has an active rental market with more than 3799 property owners The average occupancy rate per year is 67%.
The busy and popular holiday village Albufeira has all the amenities a tourist can wish for.
Albufeira is known for its beautiful sights such as the beach with the fishing boats ‘Praia dos Barcos’ and several 14th-century churches.
It is also very popular amongst young people in the high season who enjoy the town’s nightlife around the very well-known “strip”.
Tip: Do you like to know if renting out to tourists in Albufeira is interesting for you?
Best rental prices in Albufeira
The rental season starts in Albufeira around Easter and continues until the end of October with a huge peak during the summer vacation that lasts 8 weeks. Also in winter, the village has a good occupancy rate. The centre and beaches can easily be reached without needing a car, which makes it an attractive place to stay.
We monitor and analyse the performance of all our properties in the Albufeira area on Airbnb, Booking.com and HomeAway. With these sales numbers, we can well predict how to best market your accommodation. Don’t lose money by experimenting yourself. Let Rental Valley take care of managing your property and benefit from the maximum possible result.
Our rental team in Albufeira
Rental Valley’s rental team takes care of everything. From professional photography, advertising your property, maintenance and repairs, rate-optimizing, 24/7 helpdesk and more. We take away all the hassle so you can earn an effortless income. Click to read more about our property management services in Albufeira.
Current laws and regulations for rental in Albufeira
Before being able to welcome paying guests in Albufeira, you need to register your property as tourist rental accommodation with the local town hall (câmara municipal), to obtain a rental license known as an Alojamento Local. You can do this registration in person or using this link. We have a partnership with a local specialist that can assist you with the process. If you’re unfamiliar with these procedures (and don’t speak Portuguese), you can save yourself a lot of time and hassle by paying someone to assist. Avoid a fine. Stay up to date with the latest rules and developments by signing up for the Rental Valley newsletter.
Seasonal influences on rental in Albufeira
Naturally, a seaside resort like Albufeira suffers from fluctuations in income throughout the year. However, compared to other resorts in the Algarve, Albufeira is doing well in the early and late season. The proximity to Faro airport plays an important role in this. As a result, Albufeira is a perfect destination for a last-minute weekend trip to the sun.
Best performing apartments in Albufeira
On average, a rental home in Albufeira offers 2.1 bedrooms. There are 5.7 guests per booking. The most popular accommodations are 2-bedroom apartments. There is a lot of demand for 3 and 4-bedroom apartments in the holiday months, but the supply is scarce. As a result, many families move to larger, detached villas outside Albufeira.
Why outsource rental management in Albufeira?
It seems easier than ever to rent your holiday home to tourists in Albufeira. But competition is growing fast. To reach the top in your segment you need to be active and professional. Nobody likes to be interrupted during a romantic dinner for two. And who enjoys cleaning the same apartment three times per week? With so much to do, it’s unsurprising that many owners decide to put everything in the hands of a management company. Rental Valley takes care of everything so you can enjoy a hassle-free life! With many years of experience in all aspects of top-quality property management, we can assist in optimizing your rental profits in Albufeira. Call or email us for more information.
Click here to read more about our property management services in the Algarve.