How much does it cost to buy a apartment in Lagoa (Algarve)?
The median asking price for apartments in Lagoa (Algarve) is 4.242 €/m². Measured across 490 on-market listings.
How prices are spread
The apartment market in Lagoa (Algarve)
Apartments in Lagoa (Algarve) are currently asking a median of 4.242 €/m². Half of them are listed between 3.269 €/m² and 5.457 €/m². A typical listing asks 440.000 € for 106 m².
Put in context, that is 7% below the Faro district median and 7% 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 4.711 €/m² and the cheapest is União das freguesias de Estômbar e Parchal at 3.392 €/m². Picking the right parish matters more here than timing the market.
Price by typology
| Typology | Median price (€) | Median area (m²) | €/m² | Listings |
|---|---|---|---|---|
| T0 | 295.000 | 56 | 4.839 | 29 |
| T1 | 342.500 | 78 | 4.581 | 78 |
| T2 | 450.000 | 109 | 4.040 | 259 |
| T3 | 510.000 | 136 | 3.820 | 74 |
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 | €/m² | Listings |
|---|---|---|
| União das freguesias de Lagoa e Carvoeiro | 4.711 | 274 |
| Porches | 4.512 | 66 |
| Ferragudo | 4.226 | 52 |
| União das freguesias de Estômbar e Parchal | 3.392 | 98 |
Gross rental yield
Median rent of 17 €/m² per month against a median sale price of 4.242 €/m².
Gross: before costs, taxes and vacancy.
109 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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Zoning, urban vs rural land and the municipal master plan for this council.
Frequently asked questions
What is the price per m² for apartments in Lagoa (Algarve)?
How much does a apartment cost in Lagoa (Algarve)?
Which areas of Lagoa (Algarve) are cheapest?
How much does a T2 or T3 cost in Lagoa (Algarve)?
What is the rental yield in Lagoa (Algarve)?
Other property types here
Asking prices across every major Portuguese property portal, each property counted once. Updated daily.