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

The median asking price for commercial spaces in Faro is 15 €/m² per month. Measured across 252 on-market listings.

Median price per m²
15 €/m²/mo
Middle half: 10 to 25
Typical asking price
1.100 €/mo
74 m²
Listings measured
252

How prices are spread

Hover a bar to see how many listings sit in that price range.
3151.247
Below the medianAbove the medianMiddle half: 10 to 25
Distribution of asking prices per square metre across 252 listings, from 3 to 1.247 €/m² per month, with a median of 15.

The commercial space market in Faro

Commercial spaces in Faro are currently asking a median of 15 €/m² per month. Half of them are listed between 10 €/m² per month and 25 €/m² per month. A typical listing asks 1.100 €/month for 74 m².

Put in context, and 50% above the national median for commercial spaces.

Faro is not one market. Across its 8 measurable municipalities, the most expensive is Loulé at 23 €/m² per month and the cheapest is Silves at 10 €/m² per month. Picking the right municipality matters more here than timing the market.

Price by municipality

Area€/m² per monthListings
Loulé2350
Lagos2114
Albufeira1918
Portimão1571
Faro1226
Lagoa (Algarve)1217
Olhão1220
Silves1024

Gross rental yield

7.4%

Median rent of 15 €/m² per month against a median sale price of 2.447 €/m².

Gross: before costs, taxes and vacancy.

51 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 15 €/m² per month, across 252 on-market listings. Half of all listings fall between 10 €/m² per month and 25 €/m² per month.
How much does a commercial space cost in Faro?
The median asking price is 1.100 €/month for a typical 74 m². This is what sellers are asking today, not what buyers finally paid.
Which areas of Faro are cheapest?
Across the 8 measurable municipalities in Faro, the cheapest per m² is Silves at 10 €/m² per month and the most expensive is Loulé at 23 €/m² per month. 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 7.4%. That is a median rent of 15 €/m² per month against a median sale price of 2.447 €/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 to rent in Faro: prices and €/m² | explorador