House prices in Algarve

Median price of real transactions (deeds), 2025 · Q4, across all property types — apartments and houses. Source: INE.

Buy a home in Algarve →

Median3,139 €/m²▲ 14.1% vs. previous year

Apartments3,237 €/m²apartments only · ~291,330 € for 90 m²

vs. national average+51%Portugal: 2,076 €/m²

Price rank2 of 31 among regions

~90 m² home282,510 €median × 90 m² · all property types

On CasaDireta6~4,960 €/m² asking

Median values of real transactions (registered deeds), not asking prices — which on portals tend to be higher. The median combines apartments and houses: larger properties usually have a lower price per m², which can pull the figure below that of an equivalent new apartment.

In Algarve, the median sale price is 3,139 €/m², 51% above the national median (2,076 €/m²) — a premium market. Over the past year the value rose 14.1%, indicating strong appreciation.

Median price trend (€/m²)

New vs resale in Algarve

Median €/m² by property condition · 2025 · Q4 · INE

3,506 €/m²new (newly built)

3,050 €/m²resale (existing)

+15%more than resale

New

3,506 €/m²

Resale

3,050 €/m²

Who buys in Algarve

Transactions by buyer fiscal domicile · 2025 · INE

20.1%non-resident buyers

9,972 residents · 2,512 foreigners · 12,484 in total

Residents in PortugalNon-residents

Municipalities in Algarve

Loulé3,993 €/m² Lagos3,801 €/m² Aljezur3,288 €/m² Albufeira3,285 €/m² Vila do Bispo3,189 €/m² Lagoa3,107 €/m² Tavira3,103 €/m² Faro2,985 €/m² Portimão2,953 €/m² Vila Real de Santo António2,914 €/m² Silves2,746 €/m² Olhão2,614 €/m² Castro Marim2,406 €/m² São Brás de Alportel2,301 €/m² Monchique1,636 €/m² Alcoutim951 €/m²

Buy or sell in Algarve?

Negotiate directly, with no agency commission — list for free.

See properties in Algarve

Source: Statistics Portugal (INE), local house price statistics. Median sale value over the last 12 months, 2025 · Q4.