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Properties tucked away from the Algarve Coastline with affordable Prices – as well as Business Opportunities not only for Investors

House prices have risen drastically in Portugal and especially along the coastline in the Algarve since 2021. It is also significant to see how quickly properties are being sold – no matter what prices are asked! Portugal and in particular the Algarve province have obtained a lot of international awards. The Algarve is a magnet, especially because of its stunning location with beautiful bays, cliffs, beaches, and golf courses. It's also a safe place compared to many other regions and countries. Another reason for the soaring prices is the shortage of real estate, and new construction projects take time. So, what to do when you cannot afford, or want to beat these current prices near the Algarve coastline, but are still interested in investing and buying?

Thursday, 04 May 2023 - Algarve

Away from the coastline there are hidden gems in the countryside – some also with good business potential! These properties could be also ideal for international clients, North Americans and Canadians who would like to live and work in the Algarve, as well as for some investors.

Please visit our website: and look at our Algarve map with these regions labeled for our gems.


The Serra de Monchique - The wider Silves area - Tucked away properties in the central and East Algarve


The Serra de Monchique, located approx. 28 to 38km from the south or west coast, is famous not only for its drinkable clear water but also for lush greenery, forests, fields, hills, and mountains all nestled within a beautiful landscape. Here you can find charming properties with distant sea views. It’s reminiscent of the Italian Tuscany region with its steep, narrow, and winding roads which ascend into the mountains.  


Property Ref. No. LG2076



Price: 475,000 Euros

3 beds, 3 baths

Plot size: 24.760m²

Construction: 167m²

Price per square meter of construction: 2,844 Euros

This charming, well-maintained, 2-bedroom house with annex is located near Alferce and enjoys lots of natural land, cork trees and orchard. The environment is tranquil and private but not isolated - having a few neighbours in the area and is close to amenities. Ideal for a permanent home, holiday home or even a guest rental could work. - More info


Property Ref. No. LG2050



Price: 780,000 Euros

5 beds, 3 baths

Plot size: 5.000m²

Construction: 446m²

Price per square meter of construction: 1,749 Euros

This recently renovated property in a large plot of land is light and spacious with expansive views. It has its own natural spa quality water and a garden full of fruit trees. The position is tranquil and private, but not isolated and only a very short drive to the town. This would make a great family home or guest rentals. - More info


Property Ref. No. LG2002 with business potential



Price: 275,000 Euros

3 beds, 2 baths

Plot size: 91m² plus the possibility to buy another plot nearby

Construction: 173m²

Price per square meter of construction: 1,590 Euros

This is an excellent opportunity to own a renovated two-to-three-bedroom house plus large open plan studio apartment with fantastic views to the distant sea from a huge roof terrace. This once commercial property is now registered as a residence. It has quality double glazing throughout, new wiring and plumbing, new tiled floors on the upper floor, hot water boiler and bathrooms. It provides several options, for example to live in one part and rent out the other, to own the extra plot and turn it into a hostel which would be of interest in this area. - More info


Property Ref. No. LG2088 with business potential



Price: 600,000 Euros

6 beds, 6 baths

Plot size: 5.450m²

Construction: 459m²

Price per square meter of construction: 1,307 Euros

This lovely collection of buildings has been converted from an old water mill and is currently used as a yoga retreat. It has been well cared for and developed over the past few years. It is secluded, but not isolated having a neighbouring house nearby, but everything is very private and peaceful. The yoga deck is hidden in a shady place in the garden. The land along the riverbank would be ideal for growing produce as it is flat and fertile. This would make a perfect rural boarding-house. Please ask for the boundary map. - More info



Not very far from the Serra de Monchique we meet the wider Silves area, located approx. 14 km north of Lagoa/Carvoeiro with its pretty landscape and running hills presenting interesting properties. The historical town Silves lies at the Arade River and is well known for its beautiful castle on the hilltop.   


Property Ref. No. LG2057 with business potential



Price: 695,000 Euros

3 beds, 3 baths

Plot size: 68.000m²

Construction: 139m²

Price per square meter of construction: 5,000 Euros with business possibility

Beautifully finished open-plan home with lots of fertile land and water, close to town yet tranquil with amazing panoramic views. There are newly planted grapevines and almond trees for cultivation and the possibility to build a 10-bedroom 3-Star boutique hotel near the lakeside. Or it remains as it is - just a peaceful wonderful place to live and relax. - More info


Property Ref. No. LG2009



Price: 430,000 Euros

3 beds, 3 baths

Plot size: 13.120m²

Construction: 162m²

Price per square meter of construction: 2,654 Euros

Renovated in 2022 this country home offers lots of fertile land, a lake and orange grove and is only approx. 6 km away from the town Messines. The farmhouse is not isolated as there are neighbours in the vicinity along with a café and restaurant in easy walking distance. It would make an ideal spot for countryside lovers. - More info


Property Ref. No. LG2038



Price: 429,000 Euros

2 beds, 2 baths

Plot size: 680m²

Construction: 176m²

Price per square meter of construction: 2,438 Euros

This lovely country home has been refurbished to give a light and spacious living area flowing into a covered outdoor lounge and kitchen for use many months of the year. It was originally a three-bedroom house but has been converted to two bedrooms, making an area of the bedroom for use as an office. This could be changed back easily if desired. There are views to the countryside around and from some parts there are distant sea views. - More info


Property Ref. No. LG1997 with business potential



Price: 650,000 Euros

4 beds, 6 baths

Plot size: 213m²

Construction: 303m²

Price per square meter of construction: 2,145 Euros

This is a rare opportunity to finish to your own taste, a high quality newly built bi-family residence. Perfectly situated in a very peaceful neighbourhood and walking distance to the town centre. Views from all the large picture windows and the roof terrace are fabulous across the countryside and to the famous Silves castle. - More info



The countryside of Loulé and São Brás de Alportel in the central Algarve, is located approx. 10 to 25km north of the coastline and presents beautiful properties modern or rustic – tucked away in the hills - some with stunning sea views. The Mediterranean town Loulé is lively and famous for its Saturday market. São Brás de Alportel is a small, traditional town with its own Saturday market and has a great history of its cork industry during the 19th century.


Property Ref. No. VM1990



Price: 1,200,000 Euros

4 beds, 4 baths

Plot size: 1.210m²

Construction: 302m²

Price per square meter of construction: 3,974 Euros

This brand-new property has just been completed with only the traditional facia of the old ruin remaining. Designed with light and space in mind the 100m² open plan living area with 7-meter-high wooden ceiling opens to a large terrace and decked pool area. This extraordinary and very rare to find modern designed villa was built with high spec finishes including under floor heating. - More info


Property Ref. No. VM2107 with business potential



Price: 795,000 Euros

3 beds, 2 baths

Plot size: 17.880m²

Construction: 227m²

Price per square meter of construction: 3,502 Euros only for the vendor's property – plus the glamping business with 3 big tents and plunge pools

This is a particular good business idea at an unbeatable sales price to live in the modern villa on one level and serve the separate area with a turnkey glamping business, running under AL license in a top location with superb country views. The property will be sold furnished with all equipment and is very rare to find. - More info


Property Ref. No. VM2068



Price: 750,000 Euros

4 beds, 3 baths

Plot size: 2.924m²

Construction: 243m²

Price per square meter of construction: 3,086 Euros

This ‘quinta’ style property could be a perfect retreat with beautiful countryside views. It does not have direct neighbours but is close to amenities. The fantastic outdoor space with pool, garden and many terraces invite relaxation. - More info


Property Ref. No. VM2069



Price: 410,000 Euros

3 beds, 2 baths

Plot size: 1.462m²

Construction: 132m²

Price per square meter of construction: 3,106 Euros

This south facing country house enjoys a view to the scenic countryside as well as to its own idyllic lush garden with fountain, shrubs, greenery, and   trees. The property is split into a main house with 2 bedrooms and one bathroom as well as an annex with one bedroom and one bath ideal for guests or to rent out. The plot is completely fenced, and the location is tranquil, but not isolated. This is a picturesque small place to relax for an affordable price. - More info



Tucked away properties in the East Algarve are located approx. 10 to 35 km north of the coastline and are hidden gems with fantastic views on good sized plots or on bigger plots near the Guadiana River near to Alcoutim or Foz de Odeleite which separates Portugal from Spain. A new bridge between the two countries is planned soon.


Property Ref. No. TV2046 with business potential



Price: 545,000 Euros

Plot: 12.211m²

The project is approved for a construction area of 377m²

This urban plot is in a peaceful area, yet within short distance to amenities. Near Santa Catarina da Fonte do Bispo and Tavira, this plot has an approved project viable for touristic usage in the form of 2 country houses, with a biological pool and leisure area facing south with sea views. The price is for the plot only, construction costs are not included. - More info


Property Ref. No. TV1724



Price: 650,000 Euros

4 beds, 4 baths

Plot size: 1.740m²

Construction: 395m²

Price per square meter of construction: 1,646 Euros

This very bright and tasteful villa near Santa Catarina da Fonte do Bispo sits on an elevated position with wide countryside views towards a tiny sea view in the distance, a mere 10 minutes’ drive from Tavira. The country house is not isolated but keeps the privacy. There is a beautiful garden, many terraces, a garage, and basement. It is ideal for a bigger family or to rent out. - More info


Property Ref. No. TV1112 with business potential



Price: 699,000 Euros

Construction: 294m² for an existing restaurant with storage

Plot size: 30.000m²

Price per square meter of construction: 2,378 Euro for the restaurant only plus an urban project of approx. 1.000m²

At the time there is only a restaurant with terraces, pool, storage for commercial use and a private dock at the Guadiana River. However, the property holds a tourism building project for 12 holiday houses or eventually can be converted into 12 homes for habitation. The project can still be changed. This real estate offers different types of investment possibilities nestled in a beautiful landscape with views to the Guadiana River near Foz de Odeleite. - More info



In case you require more detailed information please contact us:

Email: or via our website Or by phone: Vilamoura head office +351 289 322 134, Lagos +351 282 476 568 and/or Tavira +351 281 027 570.


©Togofor Homes, Susanna Gross, Sales & Marketing Manager

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