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 2023

Housing 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

LocationPrice per m² – apartmentsPrice 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
AlcoutimNot enough listings
€841
+3%

The most expensive locations in Algarve

LocationPrice per m² – apartmentsPrice 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

LocationPrice per m² – apartmentsPrice 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