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

The median asking price for houses in Silves is 3.286 €/m². Measured across 959 on-market listings.

Median price per m²
3.286 €/m²
Middle half: 2.131 to 4.900
Typical asking price
650.000 €
190 m²
Listings measured
959

How prices are spread

Hover a bar to see how many listings sit in that price range.
3673.28610.680
Below the medianAbove the medianMiddle half: 2.131 to 4.900
Distribution of asking prices per square metre across 959 listings, from 367 to 10.680 €/m², with a median of 3.286.

The house market in Silves

Houses in Silves are currently asking a median of 3.286 €/m². Half of them are listed between 2.131 €/m² and 4.900 €/m². A typical listing asks 650.000 € for 190 m².

Put in context, that is 20% below the Faro district median and 52% above the national median for houses.

Silves is not one market. Across its 6 measurable parishes, the most expensive is Armação de Pêra at 3.878 €/m² and the cheapest is São Marcos da Serra at 1.455 €/m². Picking the right parish matters more here than timing the market.

Price by typology

TypologyMedian price (€)€/m²
T0337.5001.900
T1299.0003.267
T2435.0003.267
T3620.0003.211
T4849.5003.522
T5855.0002.966
T6990.0003.468

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 Pêra3.878138
Silves3.872280
União das freguesias de Alcantarilha e Pêra3.600142
União das freguesias de Algoz e Tunes3.310171
São Bartolomeu de Messines2.513180
São Marcos da Serra1.45547

Gross rental yield

4.7%

Median rent of 13 €/m² per month against a median sale price of 3.286 €/m².

Gross: before costs, taxes and vacancy.

292 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 houses in Silves?
The median asking price is 3.286 €/m², across 959 on-market listings. Half of all listings fall between 2.131 €/m² and 4.900 €/m².
How much does a house cost in Silves?
The median asking price is 650.000 € for a typical 190 m². This is what sellers are asking today, not what buyers finally paid.
Which areas of Silves are cheapest?
Across the 6 measurable parishes in Silves, the cheapest per m² is São Marcos da Serra at 1.455 €/m² and the most expensive is Armação de Pêra at 3.878 €/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: 337.500 €, T1: 299.000 €, T2: 435.000 €, T3: 620.000 €, T4: 849.500 €, T5: 855.000 €, T6: 990.000 €. 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 houses in Silves is about 4.7%. That is a median rent of 13 €/m² per month against a median sale price of 3.286 €/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.