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How much does it cost to buy a apartment in Lagoa (Algarve)?

The median asking price for apartments in Lagoa (Algarve) is 4.236 €/m². Measured across 492 on-market listings.

Median price per m²
4.236 €/m²
Middle half: 3.266 to 5.420
Typical asking price
436.500 €
106 m²
Listings measured
492

How prices are spread

Hover a bar to see how many listings sit in that price range.
2.3604.23611.157
Below the medianAbove the medianMiddle half: 3.266 to 5.420
Distribution of asking prices per square metre across 492 listings, from 2.360 to 11.157 €/m², with a median of 4.236.

The apartment market in Lagoa (Algarve)

Apartments in Lagoa (Algarve) are currently asking a median of 4.236 €/m². Half of them are listed between 3.266 €/m² and 5.420 €/m². A typical listing asks 436.500 € for 106 m².

Put in context, that is 7% below the Faro district median and 7% above the national median for apartments.

Lagoa (Algarve) is not one market. Across its 4 measurable parishes, the most expensive is União das freguesias de Lagoa e Carvoeiro at 4.704 €/m² and the cheapest is União das freguesias de Estômbar e Parchal at 3.363 €/m². Picking the right parish matters more here than timing the market.

Price by typology

TypologyMedian price (€)€/m²
T0295.0004.839
T1334.5004.581
T2449.9504.035
T3495.0003.798

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
União das freguesias de Lagoa e Carvoeiro4.704272
Porches4.52967
Ferragudo4.22652
União das freguesias de Estômbar e Parchal3.363101

Gross rental yield

4.8%

Median rent of 17 €/m² per month against a median sale price of 4.236 €/m².

Gross: before costs, taxes and vacancy.

107 properties in Lagoa (Algarve) 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 Lagoa (Algarve)

Zoning, urban vs rural land and the municipal master plan for this council.

See the 107 below market

Frequently asked questions

What is the price per m² for apartments in Lagoa (Algarve)?
The median asking price is 4.236 €/m², across 492 on-market listings. Half of all listings fall between 3.266 €/m² and 5.420 €/m².
How much does a apartment cost in Lagoa (Algarve)?
The median asking price is 436.500 € for a typical 106 m². This is what sellers are asking today, not what buyers finally paid.
Which areas of Lagoa (Algarve) are cheapest?
Across the 4 measurable parishes in Lagoa (Algarve), the cheapest per m² is União das freguesias de Estômbar e Parchal at 3.363 €/m² and the most expensive is União das freguesias de Lagoa e Carvoeiro at 4.704 €/m². The full ranking is in the table above.
How much does a T2 or T3 cost in Lagoa (Algarve)?
Median asking price by typology: T0: 295.000 €, T1: 334.500 €, T2: 449.950 €, T3: 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 Lagoa (Algarve)?
The gross yield for apartments in Lagoa (Algarve) is about 4.8%. That is a median rent of 17 €/m² per month against a median sale price of 4.236 €/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.

← FaroPrices across Portugal