House prices › Faro › Lagoa (Algarve)

House prices in Lagoa (Algarve)

In Lagoa (Algarve), the median price of homes sold from April 2025 to March 2026 was 3,220 €/m². Compared with the previous 12 months (April 2024 to March 2025), the price rose 15.3%. It is the 6th 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

3,220 €/m²all homes
3,221 €/m²existing homes
3,211 €/m²new homes
+15.3%change in a year

What the figures say

  • It is 49% 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 below existing ones (3,211 against 3,221 €/m²), which happens when new building is in cheaper parts of the municipality.
  • At the median price, 100 m² comes to about 322,000 €.
  • In new leases from July 2025 to June 2026, the median rent was 9.93 €/m² a month, a gross yield of 3.7% a year. See rents and yields on the map →
  • The bank valuation for August 2026 was 2,954 €/m² (apartments 2,858). 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 Lagoa (Algarve), where there were enough sales.

ParishAll€/m²Existing€/m²New€/m²In a year
Porches3,5443,542··
Ferragudo3,5173,517··
União das freguesias de Lagoa e Carvoeiro3,2213,2713,150·
União das freguesias de Estômbar e Parchal3,0303,017··

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

See Lagoa (Algarve) on the price map →

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Questions about prices in Lagoa (Algarve)

How much does a square metre cost in Lagoa (Algarve)?

According to the INE, the median price of homes sold in Lagoa (Algarve) from April 2025 to March 2026 was 3,220 €/m²: 3,221 €/m² for existing homes and 3,211 €/m² for new ones. At the median price, 100 m² comes to about 322,000 €.

Are house prices rising in Lagoa (Algarve)?

Compared with the previous 12 months (April 2024 to March 2025), the price rose 15.3%.

What is my home worth in Lagoa (Algarve)?

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 Lagoa (Algarve)?

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