How much does it cost to buy a apartment in Portimão?
The median asking price for apartments in Portimão is 4.151 €/m². Measured across 2.453 on-market listings.
How prices are spread
The apartment market in Portimão
Apartments in Portimão are currently asking a median of 4.151 €/m². Half of them are listed between 3.226 €/m² and 5.460 €/m². A typical listing asks 425.000 € for 104 m².
Put in context, that is 8% below the Faro district median and 5% above the national median for apartments.
Portimão is not one market. Across its 3 measurable parishes, the most expensive is Portimão at 4.212 €/m² and the cheapest is Mexilhoeira Grande at 3.255 €/m². Picking the right parish matters more here than timing the market.
Price by typology
| Typology | Median price (€) | Median area (m²) | €/m² | Listings |
|---|---|---|---|---|
| T0 | 220.000 | 44 | 4.722 | 55 |
| T1 | 336.000 | 67 | 5.000 | 510 |
| T2 | 450.000 | 102 | 4.150 | 1.082 |
| T3 | 455.250 | 126 | 3.506 | 640 |
| T4 | 550.000 | 180 | 3.289 | 96 |
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 | 4.212 | 2.017 |
| Alvor | 4.048 | 309 |
| Mexilhoeira Grande | 3.255 | 127 |
Gross rental yield
Median rent of 16 €/m² per month against a median sale price of 4.151 €/m².
Gross: before costs, taxes and vacancy.
504 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.