House prices in Silves

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

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Median2,746 €/m²▲ 11.4% vs. previous year
Apartments3,045 €/m²apartments only · ~274,050 € for 90 m²
vs. national average+32%Portugal: 2,076 €/m²
Price rank24 of 305 among municipalities
~90 m² home247,140 €median × 90 m² · all property types

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 Silves, the median sale price is 2,746 €/m², 32% above the national median (2,076 €/m²) — above the national average. Over the past year the value rose 11.4%, indicating moderate growth.

Median price trend (€/m²)

2,2902,7462024 Q12025 Q4

New vs resale in Silves

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

2,933 €/m²new (newly built)
2,703 €/m²resale (existing)
+9%more than resale
New
2,933 €/m²
Resale
2,703 €/m²

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