Vilamoura Portugal: An Overview

Vilamoura, Portugal, has established itself as a chic, fashionable, and popular location to live in Portugal. Indeed, even the rich and famous have staked their claim in this bustling resort in the Algarve region, where the sun beckons, the sandy beaches invite you to enjoy yet another day in paradise, and there is always some activity to get involved with, should you so desire.

In this article, we’ll dive into what makes Vilamoura such a desirable area in Portugal before running over some practical information you may not be aware of. We will also delve into some of the best things to do in and around Vilamoura.

Vilamoura Portugal Real Estate

Vilamoura is renowned as a haven for expats from all walks of life. However, you’ll also come across real luxury in this region, with some of the most luxurious properties in Portugal found here.

In this section, we’ll uncover Vilamoura’s real estate secrets, from what you can expect in terms of property prices to the types of properties that you can expect to come across.

Property prices

Vilamoura lies in the Loulé municipality, which is one of the more expensive areas when it comes to Algarve real estate. The average asking price for property in Loulé stood at €5,672 per square meter in 2024. If you were to look for property for sale close to Vilamoura Marina or the city center, this would cost you more than buying in a less in-demand area.

Property types

You can find many options if you’re interested in Vilamoura, Portugal, real estate, from modern apartments to quaint townhouses. Vilamoura is known for its luxury properties, and for both lifestyle buyers and investors, there are ample opportunities. Bear in mind that luxury properties in Portugal are generally very good value for money. You should be able to find exceptional properties that are significantly cheaper than their equivalents in other Western European countries.

Investment potential

The popularity of Vilamoura amongst summer tourists and expats means that the resort is an excellent location to invest in. Should you be looking for property to buy to let, Vilamoura is an excellent option, with the potential to secure a strong return on your investment.

Many tourists choose this city as a base to explore the Algarve. This is because of Vilamoura’s strategic location in the center of the region, plus the fact that you will find all the amenities that you could possibly want, from some of the finest beaches to top-quality restaurants.

Property prices are continuing to increase here. Brick and mortar has always been a safe investment, and should you be looking to invest in a property to sell in the future, you should be able to secure a nice return on your investment.

You can find out more about investing in the Algarve in our article on Real Estate Investment Algarve.

Cost of Living Vilamoura

Can those on a tight budget live here? Yes, it is possible since many Portuguese people reside here and make an average monthly income of between €850 and €1,200. Here is an example of an average monthly budget for a couple living in the Algarve.

Keep in mind that the price varies according to your budget, whether you’re living alone or with someone, and whether you live a more modest or luxurious lifestyle.

Health insurance is another expense that can vary substantially depending on factors including age, pre-existing diseases, and the extent of the policy. Frequent eating out and extensive use of the air conditioner or heater add to a budget because Portugal has quite a high electricity cost.

Lifestyle in Vilamoura

For people living in Vilamoura, Portugal, there is always something to do. There are many watersport activities that you can try. Or why not take part in yoga classes, where you can get to meet fellow expats. There are also cooking classes and gourmet shops where you can learn about the tricks of the Portuguese kitchen. And, for those who simply want to relax on one of the sun loungers on a stunning beach, there is always this option.

In Vilamoura, Portugal, golf courses are of world-class quality, so avid golfers will have everything they need. Vilamoura boasts six golf courses, all of which host pro golf tournaments throughout the year. There is also an Equestrian Centre that hosts horse show jumping competitions.

With over 300 days of sunshine every year, the Algarve boasts one of the best climates in the world. It is very easy to live an active life. You could use one of the many well-maintained trails to walk, run, or cycle, or head to the Atlantic Ocean to swim, surf, or even try paragliding.

The cuisine is generally very healthy – think fresh fish and seafood, vegetables, and hand-picked fruits. You’ll definitely want to pair the excellent food available with some of Portugal’s top-quality wine. Portugal has one of the best winemaking climates and practices in the world, thanks to the country’s microclimates, soils, and winemaking traditions. After a long day of activity, you might want to slow down and enjoy the sunset with a plate of local produce and a glass of delicious Portuguese wine.

If you are considering undertaking your lifelong passion for having a vineyard, then you’ll also find several vineyards in Portugal, including some that you can find in the Algarve region.

Vilamoura itself provides buyers with an exquisite taste of real luxury – a grand casino, a large marina, and many outstanding properties to choose from, whichever type of property you are after. Indeed, the rich and famous come to call Vilamoura home, and there are several reasons why Vilamoura is one of the most sought-after parts of Portugal.

Aside from this, you will have outstanding fine-dining experiences. This resort is a place where you can forget about time passing by and just embrace each day as it comes.

If you’re looking for something more budget-friendly, Vilamoura does not disappoint. Choose from a variety of different cuisines, including American fast food, Chinese, Indian, Italian, Swedish, and Thai food. You’ll even find options for different dietary requirements.

Other Charming Cities to Consider

The cities of Albufeira, Silves, Alte, and Loulé are close to Vilamoura and are overflowing with Portuguese culture and traditional charm. Plus, alongside Vilamoura, Vale do Lobo real estate, Quinta do Lago, and Amancil, in the Golden Triangle, could also be excellent options should you be looking for luxury properties.

Each is a popular destination in its own right. Whether you are looking to make a day trip from Vilamoura or are considering relocating to a city or town close by, here is a little information on some of the best options.

Albufeira

Albufeira is the biggest and most vibrant city in the central Algarve. Here, you can walk around the charming old town and enjoy the tiled streets and countless family-friendly cafes. The marina in Albufeira boasts a lively yet peaceful atmosphere where you can enjoy a romantic dinner for two at a reasonable price. If you want to party, go to The Strip, which is filled with cafes, chic bars, and nightclubs where you can dance the evening away.

Silves

From the ninth through the twelfth centuries, this city served as the Algarve’s Moorish ancient capital and stronghold. As a reminder of the past, the massive red brick castle towers over the city. Today it is a thriving city of whitewashed homes set on a hillside and encircled by the old wall that served as the castle’s defense. In Silves, many enjoy a stroll through the old town in search of coffee and pastries.

Alte

Visit the town of Alte, which some people believe to be the most Algarvian town out there, and travel back in time. The village, which dates to Roman times, is a rainbow of brightly painted homes. Alte’s main attractions are two springs where locals used to meet to wash their clothes in the clear, fresh water. Today, the well-known springs provide a refreshing retreat from the summer heat, or you can have a beverage at a cafe beside the river.

Loulé

One other Portuguese town to visit, perfect for a day trip, is Loulé. The bustling market town with Arabic influences in the town’s center sells daily food, fish, and handicrafts. On Saturday mornings, locals visit the gypsy market selling a wide range of goods. A visit to the town’s castle is a must for anybody visiting this classic Portuguese town. Portimão is also a great option to consider to find some stunning properties with ocean views and top beaches, such as Praia da Rocha. Portimão Portugal real estate offers a wide array of property options, from luxury apartments to villas.

The Climate in Vilamoura

Vilamoura has a warm temperature climate, typical of the Mediterranean. The rain falls mostly in the winter, with little rain during the summer months. The hottest month is in July, with an average temperature of 24 Degrees C (75 Degrees F), and the coldest is January, with an average temperature of 12 Degrees C (54 Degrees F).

Goldcrest: How We Can Help You 

Goldcrest is a buyer’s agent that is based in Lisbon. We provide expert, impartial advice on real estate investments and how to buy property in Portugal. From scouting out the perfect property through to property acquisition, we have you covered throughout the process.

If you are looking to purchase property in Portugal, don’t hesitate to get in touch. Our team of skilled experts is available to solve all your real estate doubts, helping you with the property search and offering insightful expertise and strategic advice.

Why choose Goldcrest?

• Local knowledge: With offices located across Portugal, our presence nationwide allows us to assist you personally across the country.
• Independent service: As an independent buying agent, we do not represent any development or project. Our service is entirely tailored toward each individual client, providing you with everything you need to secure the perfect property at the best possible price. As an impartial advisor on the market, we work solely on behalf of our client and provide a service tailored to your needs and requirements.
• Streamlined process: Our real estate agents speak English and Portuguese, and our service is completely focused on providing you with a hassle-free buying experience, saving you time.
• Experienced team: Our expert real estate team has a vast local knowledge of the Portuguese property market. We have cutting-edge technology and metasearch tools at your disposal to provide full market coverage, ensuring the best investment choices and negotiated prices.
• Network of partners: We have a close network of partners, including lawyers, property management services, builders, architects, designers, and landscape gardeners, again saving you time and hassle by providing you with trusted experts in their field of work.