Algarve Property Prices by area
Algarve Property Prices: Insights from IRG Properties
Welcome to IRG Properties, your trusted source for comprehensive insights into the dynamic real estate market of the Algarve. Our expertise focuses on the highly sought-after regions of the Golden Triangle and Loulé. We provide detailed market analysis, ensuring you make informed decisions in this stunning part of Portugal.
Key Features of Our Website
🔍 Up-to-Date Market Trends
Stay ahead with real-time updates on property prices, market trends, and investment opportunities across the Algarve.
🏝️ Comprehensive Area Guides
Explore detailed guides on the Algarve, including the Golden Triangle and Loulé. Each area's unique charm is highlighted, from Quinta do Lago's exclusive golf courses and luxury resorts to Vale do Lobo's beautiful beaches and vibrant community atmosphere. Inland areas like Loulé offer authentic Portuguese culture with traditional markets and scenic countryside views. These descriptions help you understand why each location is valued differently in the property market.
💡 Expert Insights
Gain valuable perspectives from our team of experts, offering in-depth analyses on the factors influencing property prices in the region.
🤝 Personalized Consultations
Connect with our experienced professionals for tailored advice, ensuring your property investment aligns with your preferences and goals.
Latest Algarve Property Prices by Area
Below are key statistics for property prices in central Algarve locations, including the Golden Triangle. The data highlights average prices for villas and apartments, price per square meter, and market performance indicators. While these figures represent marketing prices, they provide a strong indication of current market trends.
Property Prices in the Golden Triangle
The Golden Triangle remains one of the most prestigious areas in the Algarve and Europe. Its prime resorts, like Quinta do Lago, are renowned for luxury living and top-tier amenities. Vale do Lobo is prized for its beachfront lifestyle and golf resorts, while Dunas Douradas offers a tranquil setting close to the coast.
Prime Resorts
| Area | Avg. Villa Price (€) (Mar/Aug 2024) | Villa Price €/m² (Mar/Aug 2024) | Avg. Apartment Price (€) (Mar/Aug 2024) | Apt. Price €/m² (Mar/Aug 2024) |
|---|---|---|---|---|
| Quinta do Lago | 4,765,877 / 3,518,660 | 9,291 / 8,416 | 753,956 / 820,984 | 6,786 / 7,668 |
| Vale do Lobo | 2,707,444 / 2,653,863 | 8,325 / 8,097 | 786,956 / 795,526 | 5,772 / 6,225 |
| Dunas Douradas | 2,167,500 / 3,256,250 | 9,734 / 10,632 | 1,295,500 / 1,371,666 | 11,506 / 12,789 |
| Pinheiros Alto | 1,601,250 / 1,681,875 | 7,593 / 8,103 | N/A | N/A |
Established Urbanisations
| Area | Avg. Villa Price (€) (Dec 2023/Mar 2024) | Villa Price €/m² (Dec/Mar) | Avg. Apartment Price (€) | Apt. Price €/m² |
|---|---|---|---|---|
| Quinta das Salinas | 2,325,166 / 2,685,600 | 6,964 / 7,148 | 650,000 | 2,995 |
| Encosta do Lobo | 3,173,750 / 3,340,000 | 6,437 / 8,652 | 575,000 | 5,324 |
| Varandas do Lago | 2,362,727 / 2,372,038 | 5,741 / 6,445 | N/A | N/A |
| Vilas Alvas | 2,388,571 / 2,381,000 | 6,294 / 7,758 | N/A | N/A |
| Vale do Garrão | 2,031,250 / 1,494,062 | 5,909 / 5,201 | 1,340,000 / 2,350,000 | 8,666 / 15,667 |
| Quinta do Mar | 3,065,000 / 2,900,000 | 8,086 / 10,394 | N/A | N/A |
Inland Algarve Property Prices
These inland areas are popular among locals and international buyers. Almancil offers convenient access to coastal hotspots with a quieter atmosphere, while Loulé is known for its historical charm and weekly markets. Quarteira appeals to those seeking seaside living at more affordable prices, and Boliqueime provides a peaceful, village-like setting ideal for families.
| Area | Avg. Villa Price (€) (Dec 2023/Mar 2024) | Villa Price €/m² (Dec/Mar) | Avg. Apartment Price (€) (Dec/Mar) | Apt. Price €/m² (Dec/Mar) |
|---|---|---|---|---|
| Almancil | 2,227,530 / 2,503,911 | 6,267 / 6,557 | 758,043 / 1,083,256 | 4,986 / 4,727 |
| Quarteira | 1,361,274 / 1,475,044 | 4,678 / 4,921 | 436,529 / 922,157 | 4,276 / 6,036 |
| Loulé (São Sebastião) | 986,604 / 947,827 | 3,581 / 3,757 | 398,267 / 356,724 | 2,512 / 3,217 |
| Loulé (São Clemente) | 983,503 / 1,036,348 | 3,649 / 3,673 | 296,177 / 402,377 | 2,429 / 3,136 |
| Boliqueime | 972,962 / 990,461 | 3,467 / 3,433 | 507,350 / 247,716 | 3,145 / 3,539 |
Market Insights from IRG Properties
This data provides valuable insight for investors, showcasing pricing trends and market dynamics. For tailored analyses or consultations, feel free to contact our expert team at IRG Properties.
📌 Stay Updated: Bookmark this page for regular updates on Algarve property prices.
All data sourced from Casafari, based on analyses from multiple sources and thousands of listings.
