House prices › Faro › Faro

House prices in Faro

In Faro, the median price of homes sold from April 2025 to March 2026 was 3,125 €/m². Compared with the previous 12 months (April 2024 to March 2025), the price rose 20.4%. It is the 8th most expensive municipality in Faro district, out of 16 with data.

Data: INE, homes sold from April 2025 to March 2026 · published on 17 July 2026

3,125 €/m²all homes
2,831 €/m²existing homes
3,860 €/m²new homes
+20.4%change in a year

What the figures say

  • It is 44% above the national figure (2,168 €/m²).
  • The typical municipality in Faro district is at 3,125 €/m²; prices range from 917 €/m² (Alcoutim) to 4,091 €/m² (Loulé).
  • New homes sold 36% above existing ones.
  • At the median price, 100 m² comes to about 313,000 €.
  • In new leases from July 2025 to June 2026, the median rent was 10.29 €/m² a month, a gross yield of 4.0% a year. See rents and yields on the map →
  • The bank valuation for August 2026 was 2,880 €/m² (apartments 2,986, houses 2,760). It is the value banks give to homes bought with a mortgage, so it can differ from the sale price.

Price by parish

The INE publishes its own figure for 4 parishes in Faro, where there were enough sales.

ParishAll€/m²Existing€/m²New€/m²In a year
Santa Bárbara de Nexe3,6763,430··
Montenegro3,3633,0883,693+18%
União das freguesias de Faro (Sé e São Pedro)3,0752,7943,885+21.9%
União das freguesias de Conceição e Estoi2,5072,408··

· no figure published by the INE (few sales).

See Faro on the price map →

Quarterly update

Get your area’s prices every quarter

When the INE publishes new data, we email you the price per m² and the change in the area you choose, with our take on the market. Free, and you can unsubscribe at any time.

Questions about prices in Faro

How much does a square metre cost in Faro?

According to the INE, the median price of homes sold in Faro from April 2025 to March 2026 was 3,125 €/m²: 2,831 €/m² for existing homes and 3,860 €/m² for new ones. At the median price, 100 m² comes to about 313,000 €.

Are house prices rising in Faro?

Compared with the previous 12 months (April 2024 to March 2025), the price rose 20.4%.

What is my home worth in Faro?

It depends on the parish, condition, floor and finishes, which can move the value a long way from the municipal median. The estimate on this page gives a first figure; for an accurate one, we take the details of your home and do a free valuation based on real sales nearby. Call us on +351 913 066 964.

Selling in Faro?

Ask for a free valuation based on real sales nearby. We reply within 24 working hours.

Request a valuation
WhatsApp Call