Properties for Sale Under €100k in the Algarve: Apartments, Houses, & More

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Uncover a bargain in the Algarve with our selection of affordable properties under €100,000. From charming rural houses to sprawling plots of land with ruins, these bargain real estate opportunities offer the chance to create your dream home in one of Europe’s most desirable destinations. Whether you’re looking to renovate a traditional cottage or build your own home for scratch, these Algarve properties for less than €100k allow you to do just that—without blowing the budget!

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Color Wheel Information

Color Meaning for Price and Price m²

The BuyProperty Color wheel compares prices from other properties in the same location with the same characteristics and represents prices using our color coding mechanism.

Property is 20% less than average price

Property is 20% above or below average

Property is 20% more than average price

Color Meaning for Rental Rate Yields

We compare properties in the same area with the same characteristics with properties on popular rental websites then combine average rate for the entire year. We multiply the average rental rate by the occupancy to find the estimated yield for each property.

colorwheel Yield for this property is over 5%

colorwheel Yield for this property is 3-5%

colorwheel Yield for this property is below 3%

Holiday rental rates shows average throughout the year. Rate will be more during the summer and less during winter in general. Estimates are based on properties being refurbished as some properties in disrepair will not be able to get rates listed.

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How do we calculate the distress level of each property?

A distressed property typically belongs to a bank or is set for a government auction. Buyproperty extends this definition by providing a distress and stress percentage for each property across Portugal. Properties in bank ownership or scheduled for government auction receive a distress rating of 100%. Moreover, Buyproperty evaluates the stress level of all other properties using 27 unique data points. These points consider factors such as the length of time the property has been on the market, the frequency of price reductions, the property type, and whether the local area is facing price declines, among others.

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