How much does it cost to buy a commercial space in Faro?

The median asking price for commercial spaces in Faro is 2.473 €/m². Measured across 1.997 on-market listings.

Median price per m²
2.473 €/m²
Middle half: 1.500 to 3.872
Typical asking price
430.000 €
170 m²
Listings measured
1.997

How prices are spread

Hover a bar to see how many listings sit in that price range.
762.47313.412
Below the medianAbove the medianMiddle half: 1.500 to 3.872
Distribution of asking prices per square metre across 1.997 listings, from 76 to 13.412 €/m², with a median of 2.473.

The commercial space market in Faro

Commercial spaces in Faro are currently asking a median of 2.473 €/m². Half of them are listed between 1.500 €/m² and 3.872 €/m². A typical listing asks 430.000 € for 170 m².

Put in context, and 73% above the national median for commercial spaces.

Faro is not one market. Across its 16 measurable municipalities, the most expensive is Vila do Bispo at 3.488 €/m² and the cheapest is São Brás de Alportel at 1.004 €/m². Picking the right municipality matters more here than timing the market.

Price by municipality

Area€/m²Listings
Vila do Bispo3.48838
Loulé3.447301
Albufeira3.095291
Lagos3.071165
Aljezur2.99725
Tavira2.67482
Vila Real de Santo António2.46475
Portimão2.292385
Lagoa (Algarve)2.094125
Faro2.083140
Silves1.936146
Olhão1.747131
Castro Marim1.73946
Monchique1.14713
Alcoutim1.07212
São Brás de Alportel1.00420

Gross rental yield

7.3%

Median rent of 15 €/m² per month against a median sale price of 2.473 €/m².

Gross: before costs, taxes and vacancy.

472 properties in Faro 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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Frequently asked questions

What is the price per m² for commercial spaces in Faro?
The median asking price is 2.473 €/m², across 1.997 on-market listings. Half of all listings fall between 1.500 €/m² and 3.872 €/m².
How much does a commercial space cost in Faro?
The median asking price is 430.000 € for a typical 170 m². This is what sellers are asking today, not what buyers finally paid.
Which areas of Faro are cheapest?
Across the 16 measurable municipalities in Faro, the cheapest per m² is São Brás de Alportel at 1.004 €/m² and the most expensive is Vila do Bispo at 3.488 €/m². The full ranking is in the table above.
What is the rental yield in Faro?
The gross yield for commercial spaces in Faro is about 7.3%. That is a median rent of 15 €/m² per month against a median sale price of 2.473 €/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.

Commercial spaces in Faro: prices and €/m² | explorador