A BRITISH man has reportedly been stabbed to death in the Algarve holiday resort of Albufeira. The victim, said to be be aged between 25 and 30, died after being knifed several times next to an apartment in the centre of the town. Pictures of the scene show on the local news The alarm was raised around 7am today. Efforts to revive the casualty at the scene proved unsuccessful. Local reports say a man carrying a knife in his hand with blood on his hands was located and identified inside the nearby flat. He and his alleged victim are understood to know each other. His nationality has not yet been revealed. Most read in News KILLER CRASH Mum yelled 'why didn't I put on their seatbelts?' after killing her two kids KNIFE HORROR Woman's chilling screams before 'family of 4' knifed to death & man arrested RAGING INFERNO Russia hit by TWO huge explosions in suspected Ukrainian missile strike MAD FROM UNCLE Prince Andrew 'is the reason Harry fears the Queen needs protection' SISTERS' PLEA Family ‘broken’ as sister, 33, vanishes after ‘getting into van with man’ FIND MICHAEL Concerns grow for 'high risk' boy, 12, missing with sightings 90 miles away Today is a Bank Holiday in Portugal and police there could not be immediately reached for comment. The Policia Judiciaria is conducting an ongoing investigation. It is not yet known if the dead man lived in Portugal or was on holiday there, although the flat where the killing occurred has been described as being part of a tourist complex where foreign tourists usually stay. Officers from Portugal’s GNR force were first on the scene along with paramedics.