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House prices in Lagos

In Lagos, the median price of homes sold from April 2025 to March 2026 was 3,855 €/m². Compared with the previous 12 months (April 2024 to March 2025), the price rose 7.6%. It is the 2nd 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

3,855 €/m²all homes
3,727 €/m²existing homes
4,131 €/m²new homes
+7.6%change in a year

What the figures say

  • It is 78% 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 11% above existing ones.
  • At the median price, 100 m² comes to about 386,000 €.
  • In new leases from July 2025 to June 2026, the median rent was 12.77 €/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 3,323 €/m² (apartments 3,354, houses 3,007). 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 Lagos, where there were enough sales.

ParishAll€/m²Existing€/m²New€/m²In a year
Luz4,2524,2144,577+22%
São Gonçalo de Lagos3,8023,6674,065+4.2%
Odiáxere3,315···
União das freguesias de Bensafrim e Barão de São João2,9762,953··

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

See Lagos on the price map →

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Questions about prices in Lagos

How much does a square metre cost in Lagos?

According to the INE, the median price of homes sold in Lagos from April 2025 to March 2026 was 3,855 €/m²: 3,727 €/m² for existing homes and 4,131 €/m² for new ones. At the median price, 100 m² comes to about 386,000 €.

Are house prices rising in Lagos?

Compared with the previous 12 months (April 2024 to March 2025), the price rose 7.6%.

What is my home worth in Lagos?

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 Lagos?

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