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: May 2024Housing price details
The median price of an apartment for sale is €3,724/m². That means there are as many properties more expensive than €3,724/m² as cheaper. As for houses for sale, the median price is €3,782/m².Apartments
Number of roomsMedian price
Studio€3,897/m²
2 pièces€3,992/m²
3 pièces€3,666/m²
4 pièces€3,407/m²
5 pièces€3,302/m²
Houses
Number of roomsMedian price
4 pièces€3,972/m²
5 pièces€3,994/m²
6 pièces€3,802/m²
7 pièces€3,955/m²
8 pièces€4,048/m²
Algarve: all details of housing price
| Location | Price per m² – apartments | Price per m² – houses |
|---|---|---|
| Loulé | €4,951/m² | €4,793/m² +1% |
| Portimão | €3,275/m² | €3,231/m² +1% |
| Albufeira | €3,602/m² | €4,187/m² +1% |
| Faro | €3,772/m² -1% | €3,627/m² |
| Tavira | €4,180/m² | €3,259/m² +1% |
| Olhão | €3,030/m² | €3,149/m² |
| Lagos | €4,672/m² -1% | €4,733/m² +1% |
| Silves | €3,750/m² +3% | €2,950/m² +1% |
| Lagoa | €3,816/m² +3% | €4,126/m² -1% |
| Vila Real de Santo António | €3,647/m² +1% | €3,400/m² |
| São Brás de Alportel | €2,365/m² | €3,154/m² |
| Castro Marim | €7,600/m² -5% | €3,113/m² |
| Vila do Bispo | €4,005/m² +1% | €4,667/m² |
| Monchique (County) | €2,099/m² -2% | €2,216/m² +2% |
| Aljezur | €3,617/m² +3% | €3,835/m² |
| Alcoutim | Not enough listings | €1,134/m² +4% |
The most expensive locations in Algarve
| Location | Price per m² – apartments | Price per m² – houses |
|---|---|---|
| Castro Marim | €8,360/m² -1% | €3,152/m² +2% |
| Altura | €7,039/m² -4% | €3,922/m² -1% |
| Odiáxere | €5,764/m² +1% | €4,167/m² |
| Quarteira | €5,206/m² +1% | €5,700/m² +1% |
| Lagos | €4,712/m² -1% | €5,415/m² |
| Almancil | €4,632/m² | €5,908/m² -1% |
| Vila Nova de Cacela | €4,581/m² +7% | €3,541/m² -2% |
| Praia da Luz | €4,502/m² | €4,774/m² |
| Armação de Pêra | €4,204/m² +5% | €4,135/m² -2% |
| Tavira | €4,074/m² | €3,466/m² +1% |
The most affordable locations in Algarve
| Location | Price per m² – apartments | Price per m² – houses |
|---|---|---|
| São Bartolomeu de Messines | €1,684/m² +1% | €1,797/m² |
| Monchique | €2,083/m² -1% | €2,191/m² +2% |
| Silves | €2,166/m² -3% | €2,774/m² +2% |
| São Brás de Alportel | €2,357/m² | €3,030/m² +1% |
| Algoz | €2,386/m² +2% | €2,623/m² |
| Pechão | €2,448/m² +1% | €2,639/m² -1% |
| Estoi | €2,708/m² -8% | €2,959/m² +1% |
| Lagoa (Algarve), Faro | €2,869/m² +1% | €4,108/m² |
| Quelfes | €2,981/m² +1% | €2,770/m² -1% |
| Vila Real de Santo António | €3,120/m² +2% | €3,200/m² +1% |
Algarve: latest apartments for sale
Algarve: latest houses for sale
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