Thanks for your help. What about Praia da Rocha? Would people say Albufeira has significantly better nightlife and is worth paying the extra taxi-money for than Praia da Rocha, which I believe costs about 18 euros one way to Cvo in the early hours of the morning.

Does anybody know the estimated cost of taking a taxi from Albufeira to Monte Carvoeiro in the early hours of the morning? Dani