How much does it cost to buy a house in Silves?
The median asking price for houses in Silves is 3.318 €/m². Measured across 1.013 on-market listings.
How prices are spread
The house market in Silves
Houses in Silves are currently asking a median of 3.318 €/m². Half of them are listed between 2.039 €/m² and 4.857 €/m². A typical listing asks 630.000 € for 184 m².
Put in context, that is 16% below the Faro district median and 61% above the national median for houses.
Silves is not one market. Across its 6 measurable parishes, the most expensive is Armação de Pêra at 4.333 €/m² and the cheapest is São Marcos da Serra at 899 €/m². Picking the right parish matters more here than timing the market.
Price by typology
| Typology | Median price (€) | Median area (m²) | €/m² | Listings |
|---|---|---|---|---|
| T1 | 199.000 | 64 | 3.026 | 33 |
| T2 | 377.500 | 117 | 3.264 | 196 |
| T3 | 610.000 | 173 | 3.232 | 317 |
| T4 | 850.000 | 240 | 3.658 | 210 |
| T5 | 855.000 | 271 | 2.875 | 79 |
| T6 | 822.500 | 316 | 2.855 | 36 |
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 |
|---|---|---|
| Armação de Pêra | 4.333 | 69 |
| União das freguesias de Alcantarilha e Pêra | 3.831 | 221 |
| Silves | 3.750 | 303 |
| União das freguesias de Algoz e Tunes | 3.327 | 164 |
| São Bartolomeu de Messines | 2.192 | 231 |
| São Marcos da Serra | 899 | 24 |
Gross rental yield
Median rent of 14 €/m² per month against a median sale price of 3.318 €/m².
Gross: before costs, taxes and vacancy.
300 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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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?
How much does a house cost in Silves?
Which areas of Silves are cheapest?
How much does a T2 or T3 cost in Silves?
What is the rental yield in Silves?
Other property types here
Asking prices across every major Portuguese property portal, each property counted once. Updated daily.