Old Village

The Old Village is Vilamoura's most charming residential pocket, designed in traditional Algarvian style with cobbled streets, bougainvillea-draped white buildings and a network of communal pools set in mature landscaped gardens. It offers a calmer, more authentically Portuguese atmosphere than the marina while remaining a short walk or buggy ride away. Tree-lined and pedestrian-friendly, it appeals to families and retirees seeking peace. Apartments and townhouses here typically trade at EUR 3,400-4,500 per square metre, with two-bed units from around EUR 350,000. Gross yields run 5-7% on holiday lets, with strong repeat-guest demand for the garden setting. As elsewhere in Portugal, foreign buyers face no ownership restrictions and purchase freehold on identical terms to nationals, keeping this established enclave attractive to international second-home owners.

Old Village in Vilamoura, Faro District (Algarve), Portugal