How much does it cost to buy a apartment in Loulé?

The median asking price for apartments in Loulé is 5.702 €/m². Measured across 2.651 on-market listings.

Median price per m²
5.702 €/m²
Middle half: 4.265 to 7.727
Typical asking price
625.000 €
115 m²
Listings measured
2.651

How prices are spread

Hover a bar to see how many listings sit in that price range.
2.2935.70215.447
Below the medianAbove the medianMiddle half: 4.265 to 7.727
Distribution of asking prices per square metre across 2.651 listings, from 2.293 to 15.447 €/m², with a median of 5.702.

The apartment market in Loulé

Apartments in Loulé are currently asking a median of 5.702 €/m². Half of them are listed between 4.265 €/m² and 7.727 €/m². A typical listing asks 625.000 € for 115 m².

Put in context, that is 26% above the Faro district median and 44% above the national median for apartments.

Loulé is not one market. Across its 5 measurable parishes, the most expensive is União de freguesias de Querença, Tôr e Benafim at 7.411 €/m² and the cheapest is Loulé (São Clemente) at 3.512 €/m². Picking the right parish matters more here than timing the market.

Price by typology

TypologyMedian price (€)€/m²
T0308.7506.000
T1365.0005.559
T2599.0005.700
T3790.0005.506
T41.680.0006.740
null675.0005.561

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 de freguesias de Querença, Tôr e Benafim7.41110
Almancil6.077278
Quarteira5.8732.148
Loulé (São Sebastião)3.70874
Loulé (São Clemente)3.512132

Gross rental yield

4%

Median rent of 19 €/m² per month against a median sale price of 5.702 €/m².

Gross: before costs, taxes and vacancy.

558 properties in Loulé 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 Loulé

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 Loulé?
The median asking price is 5.702 €/m², across 2.651 on-market listings. Half of all listings fall between 4.265 €/m² and 7.727 €/m².
How much does a apartment cost in Loulé?
The median asking price is 625.000 € for a typical 115 m². This is what sellers are asking today, not what buyers finally paid.
Which areas of Loulé are cheapest?
Across the 5 measurable parishes in Loulé, the cheapest per m² is Loulé (São Clemente) at 3.512 €/m² and the most expensive is União de freguesias de Querença, Tôr e Benafim at 7.411 €/m². The full ranking is in the table above.
How much does a T2 or T3 cost in Loulé?
Median asking price by typology: T0: 308.750 €, T1: 365.000 €, T2: 599.000 €, T3: 790.000 €, T4: 1.680.000 €, null: 675.000 €. 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 Loulé?
The gross yield for apartments in Loulé is about 4%. That is a median rent of 19 €/m² per month against a median sale price of 5.702 €/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.