How much does it cost to buy a commercial space in Faro?
The median asking price for commercial spaces in Faro is 2.455 €/m². Measured across 1.611 on-market listings.
How prices are spread
The commercial space market in Faro
Commercial spaces in Faro are currently asking a median of 2.455 €/m². Half of them are listed between 1.475 €/m² and 3.976 €/m². A typical listing asks 450.000 € for 168 m².
Put in context, and 74% 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 4.022 €/m² and the cheapest is Alcoutim at 701 €/m². Picking the right municipality matters more here than timing the market.
Price by municipality
| Area | €/m² | Listings |
|---|---|---|
| Vila do Bispo | 4.022 | 16 |
| Loulé | 3.495 | 256 |
| Lagos | 3.219 | 110 |
| Albufeira | 3.125 | 229 |
| Aljezur | 2.956 | 20 |
| Vila Real de Santo António | 2.816 | 58 |
| Tavira | 2.306 | 66 |
| Castro Marim | 2.268 | 35 |
| Portimão | 2.198 | 316 |
| Faro | 2.179 | 124 |
| Lagoa (Algarve) | 1.972 | 69 |
| Olhão | 1.904 | 137 |
| Silves | 1.709 | 123 |
| Monchique | 1.198 | 13 |
| São Brás de Alportel | 1.114 | 25 |
| Alcoutim | 701 | 12 |
Gross rental yield
Median rent of 15 €/m² per month against a median sale price of 2.455 €/m².
Gross: before costs, taxes and vacancy.
400 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?
How much does a commercial space cost in Faro?
Which areas of Faro are cheapest?
What is the rental yield in Faro?
Other property types here
Asking prices across every major Portuguese property portal, each property counted once. Updated daily.