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.
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 AlbufeiraOn 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.
It seems easier than ever to rent your house or 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.