House prices in Faro District, Portugal
The prices on this page describe the Faro (district) market. To find out what your property is worth, the free estimate starts from prices in your area and adjusts them to the features you enter: the result appears on screen and arrives by email.
The free estimate is automatic: the result appears on screen and is sent by email (if prices are still missing for your area, we email it to you within 4 days at most). Where we are based, an adviser from our team refines the analysis with you and helps you set the sale price.
Real estate market in Faro (district)
Price estimates as of November 2026.
In November 2026, the average sale price in Faro (district) is 3,140 €/m² for houses and apartments, 3,210 €/m² for apartments, 3,125 €/m² for houses and 195 €/m² for land plots, according to TAGUS VALUE (source: the area’s market data). Over twelve months, asking prices in the area changed by +7.2 %.
10 % below the national average price · rank 4 of 20 districts, from most to least expensive.
Looking for the town? See the price per m² in the municipality of Faro →
The average price per m² is a useful reference, but the real value of your property depends on the exact location, layout, condition, view, sun exposure, terrace, parking and current demand.
Data reliability 2 out of 5 11 reference value per property type · updated this month Annual change: +7.2 % For sale: 30 % apartments, 70 % houses 11,508 homes sold over the last 12 months (INE, Q2 2026)
APARTMENTS · RENTAL
| T1 1 bedroom | 18 €/m² |
|---|---|
| T2 2 bedrooms | 16 €/m² |
| T3 3 bedrooms | 14 €/m² |
| T4+ 4+ bedrooms | 12 €/m² |
| T0 studio | 18 €/m² |
HOUSES · RENTAL
| T1 1 bedroom | 16 €/m² |
|---|---|
| T2 2 bedrooms | 13 €/m² |
| T3 3 bedrooms | 13 €/m² |
| T4+ 4+ bedrooms | 13 €/m² |
Estimated monthly rents per square metre of gross area, for residential lettings: not asking rents, nor short-term holiday rental prices.
Indicative gross yield: twelve months of rent divided by the estimated sale price of the same type, before IMI property tax, condominium fees, insurance, taxes and empty months. Not investment advice.
What we show: estimated SALE prices, per square metre of gross area — not asking prices, not individual deed prices. An average price describes the area, not your property.
Indicative, non-binding values, calculated from published listings and, where available for the area, official INE statistics. They do not constitute a valuation certified by an appraiser registered with the CMVM, nor an offer to buy or sell.
Price per m² in Faro (district) by layout
Price differences by layout help to understand the behavior of the local market, but they should be analyzed together with the location, the property's condition and the specific features of each property.
See prices by typology
APARTMENTS · SALE
| T0 studio | 3,125 €/m² |
|---|---|
| T1 1 bedroom | 3,195 €/m² |
| T2 2 bedrooms | 3,210 €/m² |
| T3 3 bedrooms | 3,015 €/m² |
| T4+ 4+ bedrooms | 2,665 €/m² |
HOUSES · SALE
| T1 1 bedroom | 2,850 €/m² |
|---|---|
| T2 2 bedrooms | 2,950 €/m² |
| T3 3 bedrooms | 2,985 €/m² |
| T4+ 4+ bedrooms | 3,035 €/m² |
LAND · SALE
| Urban | 335 €/m² |
|---|---|
| Non-buildable | 10 €/m² |
Price per m² by municipality in the district of Faro
Compare the average price per m² across the municipalities and open the detail for each area.
| Municipality | Average price/m² | Apartments | Houses |
|---|---|---|---|
| Lagos | 3,725 € | 3,600 € | 3,970 € |
| Aljezur | 3,505 € | 3,510 € | 3,505 € |
| Tavira | 3,490 € | 4,025 € | 3,130 € |
| Lagoa | 3,410 € | 3,480 € | 3,340 € |
| Faro | 3,325 € | 3,375 € | 3,415 € |
| Vila Real de Santo António | 3,315 € | 3,195 € | 3,435 € |
| Castro Marim | 3,235 € | 3,120 € | 3,350 € |
| Vila do Bispo | 3,205 € | 3,170 € | 3,240 € |
| Portimão | 3,065 € | 3,110 € | 3,015 € |
| Loulé | 3,055 € | 3,100 € | 3,125 € |
| Albufeira | 3,020 € | 3,140 € | 2,905 € |
| Olhão | 2,905 € | 2,780 € | 3,005 € |
| Silves | 2,520 € | 2,530 € | 2,505 € |
| São Brás de Alportel | 2,420 € | 2,450 € | 2,385 € |
| Monchique | 1,620 € | 1,590 € | 1,650 € |
| Alcoutim | 1,015 € | 1,035 € | 995 € |
The most expensive parishes in the district of Faro
Estimated average sale price per m², from the most to the least expensive parish.
- AlmancilLoulé5,675 €/m²
- QuarteiraLoulé4,930 €/m²
- Santa LuziaTavira4,620 €/m²
- LuzLagos4,435 €/m²
- Cabanas de TaviraTavira4,360 €/m²
- OdiáxereLagos4,235 €/m²
- São Gonçalo de LagosLagos3,970 €/m²
- Santa Bárbara de NexeFaro3,800 €/m²
- Tavira Santa Maria e SantiagoTavira3,795 €/m²
- Loule Sao ClementeLoulé3,655 €/m²
- PorchesLagoa3,630 €/m²
- AlturaCastro Marim3,625 €/m²
Trend of sale prices in Faro (district)
Understanding how the market evolves allows you to define a more realistic pricing strategy and avoid placing the property too far above or below market value.
Frequently asked questions
What is the average price per m² of an apartment in Faro (district)?
In November 2026, the estimated average sale price of apartments in Faro (district) is 3,210 €/m². The price per m² of an apartment varies with the number of bedrooms, the floor, the view, the state of the building and parking: studios and 1-bedroom flats usually have a higher price per m² than 3- and 4-bedroom ones. Use it as a starting point and adjust it to your apartment.
What is the average price per m² of a house in Faro (district)?
In November 2026, the estimated average sale price of houses in Faro (district) is 3,125 €/m². The price per m² of a house depends on the plot size, the state of the building, the orientation and access: a house with a large plot or in need of renovation is far from the average. Use it as a starting point and adjust it to your house.
Which are the most and least expensive municipalities in Faro (district)?
Within Faro (district), the average price ranges from €1,015/m² in Alcoutim to €3,725/m² in Lagos. The municipality table on this page gives the average price per m² of each, from most to least expensive; each municipality's page breaks it down by parish.
Are prices per m² in Faro (district) rising or falling?
Over the twelve months to October 2026, asking prices in Faro (district) changed by +7.2 %. When we have a price history for the area, the monthly trend appears in the chart on this page. A short-term change in an illiquid local market should be read with caution: in areas with few transactions, one atypical quarter is enough to flip the sign. The multi-year trend is more reliable than last month’s change in Faro (district).
How do prices in Faro (district) compare with neighbouring areas?
In Faro (district), the estimated sale price of houses and apartments is €3,140/m²; for comparison: Beja (840 €/m²). The sub-area table and the nearby-areas list on this page give the average price per m² for each one, so you can compare directly. Differences between adjacent areas come down to the type of construction, the age of the housing stock, transport links and, on the coast, distance from the sea.
What is your property worth?
Start with the free estimate. If you wish, an adviser from our team refines the analysis with you.
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