How much does it cost to buy a apartment in Portimão?
The median asking price for apartments in Portimão is 4.281 €/m². Measured across 2.070 on-market listings.
How prices are spread
The apartment market in Portimão
Apartments in Portimão are currently asking a median of 4.281 €/m². Half of them are listed between 3.299 €/m² and 5.605 €/m². A typical listing asks 432.500 € for 103 m².
Put in context, that is 6% below the Faro district median and 8% above the national median for apartments.
Portimão is not one market. Across its 3 measurable parishes, the most expensive is Portimão at 4.417 €/m² and the cheapest is Mexilhoeira Grande at 3.234 €/m². Picking the right parish matters more here than timing the market.
Price by typology
| Typology | Median price (€) | Median area (m²) | €/m² | Listings |
|---|---|---|---|---|
| T0 | 204.500 | 41 | 4.679 | 58 |
| T1 | 328.000 | 66 | 5.000 | 450 |
| T1+1 | 461.000 | 88 | 5.113 | 64 |
| T2 | 454.000 | 105 | 4.137 | 843 |
| T2+1 | 667.600 | 125 | 4.701 | 31 |
| T3 | 475.250 | 125 | 3.585 | 474 |
| T4 | 595.000 | 178 | 3.846 | 79 |
| null | 570.000 | 102 | 5.829 | 27 |
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 |
|---|---|---|
| Portimão | 4.417 | 1.605 |
| Alvor | 4.137 | 335 |
| Mexilhoeira Grande | 3.234 | 127 |
Gross rental yield
Median rent of 17 €/m² per month against a median sale price of 4.281 €/m².
Gross: before costs, taxes and vacancy.
469 properties in Portimão 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 Portimão?
How much does a apartment cost in Portimão?
How much does a T2 or T3 cost in Portimão?
What is the rental yield in Portimão?
Other property types here
Asking prices across every major Portuguese property portal, each property counted once. Updated daily.