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: Apr 2024Housing price details
The median price of an apartment for sale is €3,710. That means there are as many properties more expensive than €3,710 as cheaper. As for houses for sale, the median price is €3,778.Apartments
Number of roomsMedian price
Studio€3,880
2 pièces€3,975
3 pièces€3,666
4 pièces€3,390
5 pièces€3,255
Houses
Number of roomsMedian price
4 pièces€3,966
5 pièces€3,994
6 pièces€3,868
7 pièces€3,923
8 pièces€4,048
Algarve: all details of housing price
| Location | Price per m² – apartments | Price per m² – houses |
|---|---|---|
| Loulé | €4,936 | €4,769 +1% |
| Portimão | €3,268 +1% | €3,195 +1% |
| Albufeira | €3,605 | €4,167 |
| Faro | €3,809 | €3,636 |
| Tavira | €4,167 | €3,230 +1% |
| Olhão | €3,025 +1% | €3,134 +1% |
| Lagos | €4,706 -1% | €4,707 |
| Silves | €3,643 +3% | €2,928 +1% |
| Lagoa | €3,722 +3% | €4,161 -1% |
| Vila Real de Santo António | €3,636 -1% | €3,413 +1% |
| São Brás de Alportel | €2,361 | €3,146 +1% |
| Castro Marim | €7,986 +15% | €3,116 |
| Vila do Bispo | €3,969 -4% | €4,677 |
| Monchique (County) | €2,136 -4% | €2,179 +1% |
| Aljezur | €3,510 +3% | €3,845 +1% |
| Alcoutim | Not enough listings | €1,100 +5% |
The most expensive locations in Algarve
| Location | Price per m² – apartments | Price per m² – houses |
|---|---|---|
| Castro Marim | €8,432 -1% | €3,132 -1% |
| Altura | €7,366 +11% | €3,959 |
| Salir | €6,216 | €2,081 |
| Odiáxere | €5,714 | €4,208 |
| Quarteira | €5,186 | €5,672 +2% |
| Lagos | €4,735 -1% | €5,457 +1% |
| Almancil | €4,640 +2% | €5,970 |
| Praia da Luz | €4,485 | €4,777 |
| Vila Nova de Cacela | €4,293 -2% | €3,615 |
| Porches | €4,108 | €3,973 -3% |
The most affordable locations in Algarve
| Location | Price per m² – apartments | Price per m² – houses |
|---|---|---|
| São Bartolomeu de Messines | €1,669 +1% | €1,806 +2% |
| Monchique | €2,113 -3% | €2,158 |
| Silves | €2,234 -2% | €2,705 |
| Algoz | €2,331 +5% | €2,634 +1% |
| São Brás de Alportel | €2,356 | €2,997 +1% |
| Pechão | €2,418 -1% | €2,664 |
| Tunes | €2,443 +40% | €3,192 |
| Lagoa (Algarve), Faro | €2,842 +2% | €4,103 -1% |
| Estoi | €2,944 -10% | €2,920 |
| Quelfes | €2,966 +2% | €2,805 |
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