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How much does it cost to buy a apartment in Lagoa (Algarve)?

The median asking price for apartments in Lagoa (Algarve) is 4.154 €/m². Measured across 551 on-market listings.

Median price per m²
4.154 €/m²
Middle half: 3.195 to 5.408
Typical asking price
450.000 €
111 m²
Listings measured
551

How prices are spread

Hover a bar to see how many listings sit in that price range.
1.4264.15411.157
Below the medianAbove the medianMiddle half: 3.195 to 5.408
Distribution of asking prices per square metre across 551 listings, from 1.426 to 11.157 €/m², with a median of 4.154.

The apartment market in Lagoa (Algarve)

Apartments in Lagoa (Algarve) are currently asking a median of 4.154 €/m². Half of them are listed between 3.195 €/m² and 5.408 €/m². A typical listing asks 450.000 € for 111 m².

Put in context, that is 8% below the Faro district median and 5% above the national median for apartments.

Lagoa (Algarve) is not one market. Across its 4 measurable parishes, the most expensive is União das freguesias de Lagoa e Carvoeiro at 4.508 €/m² and the cheapest is União das freguesias de Estômbar e Parchal at 3.301 €/m². Picking the right parish matters more here than timing the market.

Price by typology

TypologyMedian price (€)€/m²
T0310.0004.865
T1350.0004.623
T2450.0004.030
T3490.0003.390

Smaller homes cost more per m². A T1 above a T3 on €/m² is normal, so compare the price column when you are choosing a size, and the €/m² column when you are comparing areas.

Price by parish

Area€/m²Listings
União das freguesias de Lagoa e Carvoeiro4.508299
Porches4.46279
Ferragudo3.94257
União das freguesias de Estômbar e Parchal3.301116

Gross rental yield

4.3%

Median rent of 15 €/m² per month against a median sale price of 4.158 €/m².

Gross: before costs, taxes and vacancy.

118 properties in Lagoa (Algarve) are listed below their comparables

That is how many on-market listings here are asking less per m² than the nearest similar properties. Tell us what you are looking for and we will show you which ones, and alert you the moment a new one appears.

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What you can build here
PDM Lagoa (Algarve)

Zoning, urban vs rural land and the municipal master plan for this council.

See the 118 below market

Frequently asked questions

What is the price per m² for apartments in Lagoa (Algarve)?
The median asking price is 4.154 €/m², across 551 on-market listings. Half of all listings fall between 3.195 €/m² and 5.408 €/m².
How much does a apartment cost in Lagoa (Algarve)?
The median asking price is 450.000 € for a typical 111 m². This is what sellers are asking today, not what buyers finally paid.
Which areas of Lagoa (Algarve) are cheapest?
Across the 4 measurable parishes in Lagoa (Algarve), the cheapest per m² is União das freguesias de Estômbar e Parchal at 3.301 €/m² and the most expensive is União das freguesias de Lagoa e Carvoeiro at 4.508 €/m². The full ranking is in the table above.
How much does a T2 or T3 cost in Lagoa (Algarve)?
Median asking price by typology: T0: 310.000 €, T1: 350.000 €, T2: 450.000 €, T3: 490.000 €. Smaller homes cost more per m², so use these prices to compare sizes and the price per m² to compare areas.
What is the rental yield in Lagoa (Algarve)?
The gross yield for apartments in Lagoa (Algarve) is about 4.3%. That is a median rent of 15 €/m² per month against a median sale price of 4.158 €/m². Gross means before costs, taxes and vacancy.

Other property types here

Asking prices across every major Portuguese property portal, each property counted once. Updated daily.

← FaroPrices across Portugal