It's called buying a timeshare and it's a very common practice for those who spend their holidays in the same place every year. In Portugal, timeshare is also known as shared holiday ownership and consists of buying a certain period of time, usually a week, to stay in a room or flat belonging to a hotel or aparthotel.

According to Postal, in the Algarve, many hotels and aparthotels have embraced this idea to ensure that there is some occupancy in the development, especially during the low season. For example, at the Vila Galé Ampalius Hotel in Vilamoura, you can buy a one-bedroom flat to use for one week a year, forever (lifetime contract).

According to the advert on idealista, the flat available for timeshare is on the 9th floor of this tourist complex in Vilamoura and you can only use it on the 13th week of each year, with check-in and check-out on a Sunday. This means that when you sign the contract, this flat will always be yours every year, during that week in March. The flat is on sale for 9,000 euros.

It should be noted that timeshare is also a way of making holiday accommodation available to those who want to buy a second home in one of their favorite destinations, but who can't afford to go ahead with the purchase. In addition to this accommodation in Vilamoura, there are also other shared holiday ownership offers in Albufeira and Quarteira, which can be found on Idealista.