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Home Tips and Tricks

My Journey Through Moncarapacho, Olhão, and the Algarve Rental Scene

by Miles Austine
in Tips and Tricks, Travel
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You know how sometimes you set out on a trip thinking you’ll just see the main tourist spots, and then suddenly you find yourself in these tiny towns that totally surprise you? That was me in the Algarve.

After a few visits to the usual places, I wanted to dig a little deeper, to find those under-the-radar spots where life felt a bit slower, and the real local feel came through. That’s how I ended up spending time around Moncarapacho and Olhão, as well as checking out the holiday rental market throughout the Algarve as I was considering capitalising on the tourist boom everyone seems to be talking about at the moment. 

Moncarapacho isn’t a place you hear about in all the travel brochures, but it has this quiet charm that made me wish I’d found it sooner. It’s one of those towns where neighbours know each other, and the pace of life encourages you to slow down and actually enjoy your surroundings. I got in touch with a real estate agency there that really helped me understand what living in a place like this could mean, not just the property prices, but the community vibe, the local events, even where to find the best pastéis de nata. 

Olhão, on the other hand, felt like the heartbeat of traditional Algarve fishing culture mixed with a lively market scene that buzzes with fresh seafood and daily life. It’s a bit more bustling than Moncarapacho but still has that authentic Portuguese feel that I was craving. Being here made it clear that there are opportunities for people wanting to settle outside the typical tourist hubs but still be close to the coast and all its perks.

What really caught my eye, though, was the holiday rental market across the Algarve. If you’ve ever considered renting out a property as a side income or investment, this area is seriously worth looking into. I learned a lot from speaking with a couple of local holiday rental agencies that handle everything from cozy apartments in Lagos to spacious villas around Vilamoura. They explained how the market has changed recently, with travellers wanting more authentic stays and flexible booking options, which makes owning rental apartments in Portugal a potentially lucrative side income. 

For me, the blend of slower-paced life in Moncarapacho and Olhão, paired with the dynamic rental opportunities throughout the Algarve, really hit the sweet spot. Added to this, Eastern Algarve property for sale is much more affordable than more traditional ‘hotspots’ in the Algarve, like Vilamoura and Albufeira. It’s not just about buying a property; it’s about finding a lifestyle that fits you, whether that’s enjoying quiet mornings in a village café or managing a holiday home that brings joy to visitors from around the world.

If you’re thinking about dipping your toes into the Algarve property market, I’d say don’t overlook these less obvious towns. A lot of agencies in the Algarve were genuine local guides, helping me see beyond just the buildings to what daily life might really feel like.

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