There are a number of types of distressed property for sale in the Algarve, and you can find bank repossessions and distressed property for sale shown here.
Distressed Property Algarve
2 Bed Traditional single storey house - BoliqueimeRef: 1009-2187
Price: € 250,000
A single storey traditional house, completely renovated whilst maintaining the rustic style, with a very pleasant outdoor area, paved with typical Portuguese calçada and also a small garden area.
Renovated Quinta with large plot - near LouléRef: 1001-2180
Price: € 345,000
This traditional property retains it´s original facade, making sure that it integrates within the natural landscape, whilst the interior of the house has been totally renovated to an excellent, modern standard.
UNDER OFFER - Sea view 4 bed villa + 2 bed annex - near LouléRef: 1001-2176
Price: € 595,000
UNDER OFFER - A flexible property, with a total of six bedrooms in two separate houses, plus garage and outhouses within the plot, all with amazing sea views.
4 Bed Villa + Attic - near LouléRef: 1009-2151
Price: € 430,000
A villa of excellent quality, spacious and very bright, located in a rural area but close to the city of Loulé.
Immaculate 3 bed villa with pool - near S. BrásRef: 1001-2121
Area: São Brás de Alportel
Price: € 295,000
A house that has everything you need; 3 bedrooms all with air conditioning, modern bathrooms, new kitchen, spacious lounge with wood burning stove and large terrace plus a private pool area with ample terraces.
Traditional 2 bedroom house - near LouléRef: 1001-2140
Price: € 200,000
This traditional Portuguese house is a spacious property (146m2), single storey, with easy access and a charming courtyard garden, all of this located in a quiet village.
3 Bed Villa with pool - near LouléRef: 1001-2136
Price: € 230,000
This three bedroom, two bathroom single storey house is set in a plot of 1.000m2, in a quiet country village, with neighbours and open countryside around.
2 Ruins + small courtyard - near EstóiRef: 1009-2129
Price: € 58,700
A property consisting of 2 ruins and patio, just 5 minutes from São Brás de Alportel.
3 Ruins with land - near BoliqueimeRef: 1009-2012
Price: € 160,000
An investment opportunity: 3 ruins, each with land and unobstructed views of the countryside.
UNDEROFFER - Ruin with plot of land - near LouléRef: 1009-2013
Price: € 50,000
INDER OFFER - A ruin and land of a good size, with clear views of the countryside and the coast, in a rural location but only 5 minutes from the city of Loulé.
Two 3 Bedroom Villas - TaviraRef: 1030-1820
Price: € 260,000
Situated in very pretty countryside, these two 3 Bedroom Villas are attached and sold together, as two separate houses with fabulous terraces.
Typical house to renovate with plot of land - SalirRef: 1009-1815
Price: € 60,000
A single storey house ready to be renovated, a nice and flat plot of land located in a quiet and wonderful small rural village.