How much does it cost to buy land in Faro?
The median asking price for plots of land in Faro is 55 €/m². Measured across 9.311 on-market listings.
How prices are spread
The land market in Faro
Plots of land in Faro are currently asking a median of 55 €/m². Half of them are listed between 10 €/m² and 441 €/m². A typical listing asks 225.000 € for 3.900 m².
Put in context, and 8% above the national median for plots of land.
Faro is not one market. Across its 16 measurable municipalities, the most expensive is Lagos at 421 €/m² and the cheapest is Castro Marim at 6 €/m². Picking the right municipality matters more here than timing the market.
Price by municipality
| Area | €/m² | Listings |
|---|---|---|
| Lagos | 421 | 717 |
| Portimão | 315 | 376 |
| Lagoa (Algarve) | 245 | 354 |
| Vila Real de Santo António | 187 | 166 |
| Faro | 90 | 933 |
| Tavira | 83 | 432 |
| Loulé | 80 | 1.448 |
| Olhão | 50 | 545 |
| Aljezur | 48 | 272 |
| São Brás de Alportel | 48 | 427 |
| Albufeira | 39 | 873 |
| Monchique | 29 | 331 |
| Alcoutim | 20 | 238 |
| Silves | 19 | 1.118 |
| Vila do Bispo | 16 | 395 |
| Castro Marim | 6 | 683 |
1873 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 plots of land in Faro?
How much does a plot of land cost in Faro?
Which areas of Faro are cheapest?
Other property types here
Asking prices across every major Portuguese property portal, each property counted once. Updated daily.