Algarve: housing price and price/m²
You want to buy or sell a real estate property? Properstar gives you the insights you need before you start.This report is based on the listings published on Properstar. Last update: Feb 2023Housing price details
The median price of an apartment for sale is €345,945. That means there are as many properties more expensive than €345,945 as cheaper. As for houses for sale, the median price is €631,667.Apartments
Number of roomsMedian price
Studio€227,150
2 pièces€313,414
3 pièces€372,262
4 pièces€385,333
5 pièces€396,644
Houses
Number of roomsMedian price
4 pièces€651,667
5 pièces€856,667
6 pièces€986,667
7 pièces€948,333
8 pièces€993,333
Algarve: all details of housing price
| Location | Price per m² – apartments | Price per m² – houses |
|---|---|---|
| Loulé | €4,664 | €4,221 +2% |
| Albufeira | €3,382 | €3,525 +1% |
| Portimão | €3,118 +1% | €2,691 +4% |
| Faro | €3,741 +1% | €3,181 |
| Tavira | €3,698 +2% | €2,888 +1% |
| Lagos | €4,352 +2% | €3,929 -1% |
| Lagoa | €3,092 +3% | €4,142 +1% |
| Olhão | €3,003 -1% | €2,656 -1% |
| Silves | €2,979 +3% | €2,853 +1% |
| São Brás de Alportel | €2,352 | €2,795 +1% |
| Vila Real de Santo António | €3,854 +1% | €3,218 +2% |
| Castro Marim | €7,143 | €3,647 +6% |
| Vila do Bispo | €4,641 -6% | €3,877 +1% |
| Monchique (County) | €2,406 -2% | €1,803 -1% |
| Aljezur | €3,198 +6% | €3,341 |
| Alcoutim | Not enough listings | €841 +3% |
The most expensive locations in Algarve
| Location | Price per m² – apartments | Price per m² – houses |
|---|---|---|
| Vila do Bispo | €8,458 +1% | €3,194 -1% |
| Castro Marim | €7,323 | €3,177 +2% |
| Vila Nova de Cacela | €5,799 | €3,936 -2% |
| Altura | €5,400 +1% | €3,594 +3% |
| Budens | €5,203 -1% | €3,323 +2% |
| Quarteira | €4,885 +1% | €5,055 +1% |
| Carvoeiro | €4,563 +9% | €4,147 |
| Lagos | €4,465 +2% | €4,095 -1% |
| Loulé | €4,187 | €3,730 |
| Faro | €4,162 | €3,288 |
The most affordable locations in Algarve
| Location | Price per m² – apartments | Price per m² – houses |
|---|---|---|
| Estoi | €2,144 -3% | €2,912 -1% |
| Moncarapacho | €2,222 +4% | €2,939 |
| Monchique | €2,316 -8% | €2,096 -1% |
| São Brás de Alportel | €2,350 | €2,717 |
| Silves | €2,461 -1% | €2,802 +2% |
| Lagoa (Algarve), Faro | €2,555 +1% | €3,632 -4% |
| Guia | €2,812 +5% | €4,008 +1% |
| Parchal | €2,865 | €4,058 +7% |
| Quelfes | €2,886 -2% | €2,375 -1% |
| Estômbar | €2,948 +2% | €4,654 +1% |
Algarve: latest apartments for sale
Algarve: latest houses for sale
Algarve: latest apartments for rent
Your new home in Algarve
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