By air, the international airport of Faro is more or less at 2 hours from all the european capitals. A lot of low cost companies (ryanair or easyjet) offers flys every day along the year.
The airport is 30 mins drive by car. But car is not necessary, there are airport transfers available.

There are local buses travelling between Olhos d'Agua, Albufeira and Vilamoura on a regular basis and a local taxi service on hand day and night.
The Varandas do Mar II apartment is just a 1 minute walk to the safe, golden sands on the beach of Olhos D Agua and 6 km from the Fishermans Beach of Albufeira. The beaches of Vilamoura are a 10 minute drive away and are also safe and sandy but for those wanting to go off and explore the coastline you will find many lovely beaches along its whole length.

Golf
Vilamoura 15 mins drive by car
Salgados 20 mins drive by car

Other distances :
Albufeira "strip" and Oura Beach 4km
Albufeira Old Town and Fishermans Beach 6km
Vilamoura 10 mins by car
Algarve shopping in Guia 15 mins by car : large supermarket, variety of shops, cinema showing all the latest films in English, a 10 pin bowling alley and restaurants offering a choice of dishes from around the world
Zoomarine 20 mins drive
Nearest water park in Lagoa 20 mins by car