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

The median asking price for apartments in Silves is 4.286 €/m². Measured across 630 on-market listings.

Median price per m²
4.286 €/m²
Middle half: 3.535 to 5.323
Typical asking price
395.000 €
97 m²
Listings measured
630

How prices are spread

Hover a bar to see how many listings sit in that price range.
2.0454.2869.966
Below the medianAbove the medianMiddle half: 3.535 to 5.323
Distribution of asking prices per square metre across 630 listings, from 2.045 to 9.966 €/m², with a median of 4.286.

The apartment market in Silves

Apartments in Silves are currently asking a median of 4.286 €/m². Half of them are listed between 3.535 €/m² and 5.323 €/m². A typical listing asks 395.000 € for 97 m².

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

Silves is not one market. Across its 5 measurable parishes, the most expensive is Armação de Pêra at 4.478 €/m² and the cheapest is São Bartolomeu de Messines at 3.347 €/m². Picking the right parish matters more here than timing the market.

Price by typology

TypologyMedian price (€)€/m²
T0298.0005.621
T1320.0004.506
T2395.0004.235
T3515.0003.627
T4495.0006.800

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
Armação de Pêra4.478453
União das freguesias de Alcantarilha e Pêra3.92949
União das freguesias de Algoz e Tunes3.81640
Silves3.75069
São Bartolomeu de Messines3.34719

Gross rental yield

3.9%

Median rent of 14 €/m² per month against a median sale price of 4.286 €/m².

Gross: before costs, taxes and vacancy.

145 properties in Silves 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 Silves

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 Silves?
The median asking price is 4.286 €/m², across 630 on-market listings. Half of all listings fall between 3.535 €/m² and 5.323 €/m².
How much does a apartment cost in Silves?
The median asking price is 395.000 € for a typical 97 m². This is what sellers are asking today, not what buyers finally paid.
Which areas of Silves are cheapest?
Across the 5 measurable parishes in Silves, the cheapest per m² is São Bartolomeu de Messines at 3.347 €/m² and the most expensive is Armação de Pêra at 4.478 €/m². The full ranking is in the table above.
How much does a T2 or T3 cost in Silves?
Median asking price by typology: T0: 298.000 €, T1: 320.000 €, T2: 395.000 €, T3: 515.000 €, T4: 495.000 €. 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 Silves?
The gross yield for apartments in Silves is about 3.9%. That is a median rent of 14 €/m² per month against a median sale price of 4.286 €/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.