Our favourite budget properties in Portugal

Island life with a double view

On São Jorge’s peaceful north coast, this 3-bed home comes with sea views stretching to Graciosa and Terceira, a roomy plot, and an annex ripe for conversion. Privacy, nature, and island-hopping sunsets included.

Price: €108,000
Location: Velas, São Jorge, Azores
Special features: 3 bedrooms, 2 bathrooms, annex with conversion potential, front and rear land, parking, sea and island views
Close to: Norte Grande; Velas town; ferry links to neighbouring islands

Riverside charm on the Algarve–Spain border

In Guerreiros do Rio, this fully renovated 1-bed villa blends cane-roof character with modern comfort. Steps from the Guadiana River, it’s licensed for holiday rentals — or for lingering over breakfast with Spain in view.

Price: €149,500
Location: Alcoutim, Faro, Algarve
Special features: 1 bedroom mezzanine, renovated 2022, air conditioning, well-equipped kitchen, Local Accommodation licence, river and Spain views
Close to: Guadiana River pier; Alcoutim; Castro Marim beaches; Spanish border

Alentejo calm with a dash of history

In the village of Vicentes, this 2-bed single-storey home offers privacy, sunshine, and authentic rural charm. Just 20 minutes from museum-town Mértola and the Guadiana Valley Natural Park, it’s perfectly placed for slow mornings and star-lit evenings.

Price: €155,000
Location: Mértola, Beja, Alentejo
Special features: 2 bedrooms, 1 bathroom, fireplace, village-centre setting with no adjoining houses, outdoor seating space, storage area
Close to: Mértola; Guadiana River; Guadiana Valley Natural Park

Green hills and generous space in the north

Right in the centre of Covas, this 3-bed home comes with 3,500 m² of walled gardens, fruit trees, a barbecue area, and even its own spring water. Inside, you’ll find an equipped kitchen, spacious living/dining room, and plenty of storage—including a wine cellar. Wide mountain views, excellent sun exposure, and room for three cars in the garage make it ideal for relaxed northern living or a project with business potential.

Price: €159,000
Location: Vila Nova de Cerveira, Viana do Castelo, North Portugal
Special features: 3 bedrooms, 1 bathroom, garage for 3 cars, wine cellar, fruit trees, irrigation tank, barbecue area
Close to: Caminha; Serra d’Arga; Minho River

Rustic stone house with room to grow

This three-bedroom semi-detached property is solidly built from stone and comes with over 1,000m² of land in an urban expansion zone—ideal for your grand designs. Inside, it’s “reasonably habitable” (their words), but with fibre internet and mains utilities, you’re already ahead of the rural curve.

Price: €140,000
Location: Paredes de Coura, Viana do Castelo
Special features: Stone construction, two floors, fibre internet, large walled plot
Close to: Town centre, 15 mins to A3 motorway, 1 hour to Porto, 20 mins to Ponte de Lima and Arcos de Valdevez, 45 mins to Vigo, Spain

Balcony living near Alvor’s golden sands

Set in the peaceful Montes de Alvor area, this bright 1-bed apartment offers two balconies—perfect for soaking up the Algarve sunshine. Inside, you’ll find a living/dining room, fully fitted kitchen, double bedroom, and modern bathroom with walk-in shower. Double glazing keeps things comfortable year-round, and you’re just minutes from Alvor Beach, the village centre, and Portimão’s shopping malls.

Price: €179,000
Location: Portimão, Faro, Algarve
Special features: 1 bedroom, 1 bathroom, 2 balconies, double glazing
Close to: Alvor Beach; Alvor Village; Portimão shopping malls

Traditional Algarve cottage with land and endless potential

In the peaceful hamlet of Feiteira, this semi-detached 3-bed cottage brims with character—think original stone walls, old grapevine over the terrace, and countryside views in every direction. Inside, you’ll find a quirky layout ripe for reimagining, with multiple reception rooms, a modern shower room, and plenty of scope to create your dream kitchen or master suite.

Price: €195,000
Location: Cachopo, Faro, Algarve
Special features: 3 bedrooms, 1 bathroom, original features, outbuildings, large garden
Close to: Cachopo; Loulé; São Brás de Alportel; Faro Airport

Spacious villa with guest annex near Caldelas thermal baths

Just 400 m from Caldelas’ spa waters, this 5-bedroom villa comes with a separate 1-bedroom annex, perfect for guests or rentals. The main house has a living room with fireplace, kitchen, bathrooms on both floors, and a sunny balcony with mountain views. Outside, enjoy a garden, terrace, BBQ area, and parking, all within walking distance of the town centre.

Price: €198,000
Location: Caldelas, Braga, North Portugal
Special features: 5 bedrooms, 3 bathrooms, independent 1-bed annex, balcony & terrace, mountain views
Close to: Caldelas thermal baths; Braga; Gerês National Park

Traditional villa with garden and serious potential

This two-bedroom townhouse near Arouca comes with a garden, garage, and enough rustic charm to fuel a Grand Designs binge. It needs work (energy rating: E says it all), but with an attic ripe for conversion and a wood-fired oven outside, you’re halfway to your countryside escape—or Airbnb empire.

Price: €190,000
Location: Arouca, Aveiro
Special features: Attic with balcony, rustic outdoor kitchen, wood-fired oven, double garage, large garden
Close to: 3 km to Arouca town centre, 17 km to Paiva Walkways, 25 km to Arouca Suspension Bridge, 58 km to Porto

Historic stone villa with independent annex in Caminha

In a quiet, family-friendly suburb just 15 minutes’ walk from Caminha town centre, this charming stone-built villa blends history with modern potential. The main house offers a living room with fireplace, kitchen with pantry, guest WC, two bedrooms, a closet, and a family bathroom.

An independent 1-bedroom annex with kitchenette and bathroom provides ideal guest accommodation or rental income. Outside, enjoy a shared garden space and scenic views over the Minho and Coura rivers, with schools, shops, and cafés all within walking distance.

Price: €205,000
Location: Caminha, Viana do Castelo, North Portugal
Special features: 2 bedrooms + 1-bed annex, 3 bathrooms, river views, garage
Close to: Caminha town centre; Vilarelho Primary School; Minho River

Renovated stone cottage with courtyard in Santo Estêvão

Just minutes from Tavira and a short stroll to Santo Estêvão village, this fully restored 1-bedroom stone cottage blends rustic charm with modern comfort. The open-plan living, dining, and kitchen area leads to a skylit bedroom, stylish shower room, and a private courtyard with shaded terrace and Mediterranean planting.

Enjoy distant sea views, serene countryside surroundings, and easy access to Tavira’s shops, restaurants, and ferry to Tavira Island’s beaches. Perfect as a romantic retreat, lock-up-and-leave holiday home, or rental investment.

Price: €210,000
Location: Tavira, Faro, Algarve, Portugal
Special features: 1 bedroom, private courtyard, sea views, fully renovated in 2021
Tavira; Santo Estêvão village; Tavira Island beaches

Industrial-style loft apartment near Braga train station

Just 100 m from Braga train station, this fully renovated 1+1 bedroom loft blends industrial design with modern comforts. High ceilings, exposed pipes, and minimalist decor create an urban New York–style atmosphere, while smart features like an Alexa system, electric shutters, and air conditioning add convenience.

The furnished mezzanine bedroom includes an en-suite bathroom, with an additional office space below. There’s a stylish living room, fully fitted kitchen, and a second bathroom. Ideally located for walking to the historic centre, shops, and services.

Price: €220,000
Location: Braga, North Portugal
Special features: Industrial loft style, mezzanine bedroom, smart home tech, air conditioning
Close to: Braga train station; historic centre; shops and restaurants

Modern 2-bedroom home with garage near Caldas da Rainha

Just 10 minutes from Caldas da Rainha, this fully restored home offers contemporary comfort in a low-maintenance setting. The open-plan living area includes a modern kitchen, while both bedrooms feature built-in wardrobes—one with an en-suite.

A small private courtyard, spacious garage with automatic gate, and pre-installation for air conditioning, solar panels, and a barbecue add to its appeal. Finishing touches can still be customised within budget.

Price: €225,000
Location: Caldas da Rainha, Leiria, Central Portugal
Special features: En-suite bedroom, private courtyard, garage, modern finishes
Close to: Caldas da Rainha; Silver Coast beaches; Lisbon

Beachside villa with "permanent holiday" written all over it

Just 200 metres from Foz do Sizandro beach, this one-bedroom villa (plus an annexe) offers sunny terraces, two kitchens and space for a pool. With tourist traffic year-round, it’s ideal for a holiday let—or for anyone who wants to “work remotely” while perfecting their tan.

Price: €250,000
Location: Torres Vedras, Lisbon Region
Special features: Two kitchens, sunny terrace, garage, space for pool, annexe with living area and bathroom
Close to: Foz do Sizandro beach (200m), 15 mins to Torres Vedras and A8 motorway, local shops and services nearby

Atlantic hideaway with birdsong on tap

This one-bedroom country house in Capelo, Faial, comes with a large garden, BBQ, garage and annex—all wrapped in lush greenery. It’s the perfect retreat for anyone craving peace, nature and the odd whale sighting. Just 20 minutes from Horta, yet worlds away from traffic and stress.

Price: €250,000
Location: Horta, Faial, Azores
Special features: Large garden with BBQ, annex, garage, surrounded by nature
Close to: 20 mins to Horta, walking trails and volcanic landscapes, Atlantic coastline