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€650,200
- An average 200-square-meter house in Algarve sells for around €650,200, or €3,251 per square meter. Property prices in Algarve have changed by 7.4% compared to last year. Of the locations analyzed, the priciest properties in Algarve can be found in Loulé, going for €791,200, on average, or €3,956 per square meter.
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The short answer is that real estate is surprisingly affordable, with prices comprised between €2,200 and €3,500 per square meter, on average. The Algarve has long been one of the most popular destinations for holidaymakers and property investors from around the world.
Such as the average prices of properties for the Central Algarve and Golden Triangle, price per m2 for different towns and property types and also additional information on the number of properties available and the average time on the market for said properties.
- Estrada Quinta do Lago, Almancil, 8135-160
- 289 313 325
The average price for a 4 bedroom property in Algarve is € 900,000, however, depending on the location you can expect to pay between € 56,500 and € 14,500,000. Explore our range of properties in Algarve, Portugal, for your dream home abroad, from houses to villas & more.
According to statistics, the Algarve property market witnessed an 8% price adjustment over the past year. However, this followed significant increases of more than 35% from 2020 to 2022. One noticeable change has been the shift in buyer offers.
Jul 29, 2021 · The property market in the Algarve is booming and is likely to remain on an upward path as travel restrictions ease and prices catch up with other prime European real estate markets. Back in February 2020, as the scale of COVID-19 became apparent, prospects for housing markets around the world appeared dire. Eighteen months or so later and the ...
Aug 3, 2020 · Property price summary in Portugal. According to INE, the median price of housing remained above the national value (the previously referred to 1,117 euros/m2) in the regions of Algarve (1,668 euros/m2), Lisbon Metropolitan Area (1,515 euros/m2), Madeira Autonomous Region (1,250 euros/m2) and Porto Metropolitan Area (1,136 euros/m2).
Algarve Property Market Outlook 2021 and review of 2020 << Back Every year in December we reflect on the past year and provide an outlook for the property market in the year ahead, 2021.