Balaia is where Club Med Algarve is located. This is a premium location for the Nationals, The beach is one of the best and quietness is keen.
it is a very quiet location, with very few typical restaurants and no bars at all, except for some snack bars.
It is advisable to rent a car, however, you will find all necessary places for groceries, pharmacy, papershop, bookshop, souvenirs at a walking distance. The terrain is flat and safe and most people chose to walk to the places. The main supermarket (Intermarché) is in Olhos de Água, and you can take a bus ( 2 stops),
All is set around the main road that goes from Olhos de Água to Albufeira.
Olhos de Água is a 2 km walk and you´ll find several other type of restaruants and bars, but If you are looking for serious nightlife then the "Strip in Oura" is at 4 km distance, and a taxi is the best option at least for the comeback (depending on your mood!).