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Faro district · report

Foreign buyers in Faro district

Figures for Portugal: Faro district has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 33.5% more per m² than buyers living in Portugal.

Abroad against residents
+33.5%

What buyers from abroad paid against residents in Portugal

Median price per m² paid by buyers with tax domicile abroad, against buyers domiciled in Portugal, over 12 months.

  • Portugal
  • Same as residents
Show the numbers
PeriodPortugal
Q2 202633.5%
Q1 202635.0%
Q4 202534.8%
Q3 202535.6%
Q2 202534.9%
Q1 202537.3%
Q4 202439.2%
Q3 202439.7%
Q2 202442.3%
Q1 202444.2%
Q4 202348.4%
Q3 202351.7%
Q2 202353.6%
Q1 202354.4%
Q4 202253.9%
Q3 202259.0%
Q2 202262.8%
Q1 202264.2%
Q4 202165.4%
Q3 202159.4%
Q2 202156.9%
Q1 202160.8%
Q4 202065.6%
Q3 202068.6%
Q2 202067.8%
Q1 202067.2%
Q4 201969.0%

Price per m² by buyer, Portugal

  • Buyers domiciled abroad
  • Buyers domiciled in Portugal
Show the numbers
PeriodBuyers domiciled abroadBuyers domiciled in Portugal
Q2 2026€2,989/m²€2,239/m²
Q1 2026€2,894/m²€2,144/m²
Q4 2025€2,765/m²€2,051/m²
Q3 2025€2,668/m²€1,967/m²
Q2 2025€2,560/m²€1,897/m²
Q1 2025€2,496/m²€1,818/m²
Q4 2024€2,432/m²€1,747/m²
Q3 2024€2,346/m²€1,679/m²
Q2 2024€2,313/m²€1,626/m²
Q1 2024€2,303/m²€1,597/m²
Q4 2023€2,336/m²€1,574/m²
Q3 2023€2,337/m²€1,541/m²
Q2 2023€2,310/m²€1,504/m²
Q1 2023€2,280/m²€1,477/m²
Q4 2022€2,237/m²€1,454/m²
Q3 2022€2,250/m²€1,415/m²
Q2 2022€2,234/m²€1,372/m²
Q1 2022€2,166/m²€1,319/m²
Q4 2021€2,105/m²€1,273/m²
Q3 2021€1,966/m²€1,233/m²
Q2 2021€1,883/m²€1,200/m²
Q1 2021€1,894/m²€1,178/m²
Q4 2020€1,936/m²€1,169/m²
Q3 2020€1,930/m²€1,145/m²
Q2 2020€1,888/m²€1,125/m²
Q1 2020€1,849/m²€1,106/m²
Q4 2019€1,810/m²€1,071/m²

Who lives here

Foreign residents with legal status (INE, 2021 to 2023, when the series ended) and net migration, the people who moved in minus those who left.

Foreign residents, Faro district, 2023
125,424
22.2% of residents
Net migration, Faro district, 2025
+2,233
3.9 per 1,000 residents

Tax domicile is not nationality: a foreign citizen living in Portugal counts as resident, and a Portuguese emigrant buying from abroad counts as foreign. INE withholds the split where there are few sales, so smaller places show the nearest region that has it.

Other reports for Faro district

Asking prices have an 80% chance of landing between €4,336/m² and €4,647/m² by September 2027.

Expected, September 2027
€4,491/m²
Chance of a rise
99%

Figures for Portugal: Faro district has no reliable figures of its own.

At the bank valuation, a 90 m² home costs €205,020. With 10% down and a 30-year mortgage, the payment is €778 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
31%
Payment, one income
63%

Figures for Portugal: Faro district has no reliable figures of its own.

Owning a 90 m² home costs less each month than renting it. Owning counts interest, running costs and the return the deposit could earn, at the median sale price. Repaying the loan is saving, so it is left out.

Rent per month
€878
Owning per month
€715

0.1% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
1,611
Per 1,000 residents
2.8

In 2025 the population grew by 937 while 1,397 homes were finished: 0.7 new residents for every new home.

New residents per new home, 2025
0.7
Population change, 2025
+937

11.9% of the 391,416 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
11.9%
Empty homes
46,752

In 2025, 34% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
34%
Reconstructions per 100 new buildings
2.4

Public bodies signed €103M of housing works here in 2025, and €162.4M since 2012.

Signed in 2025
€103M
Per resident, 2025
€178

Data: INE, ECB and others · updated October 27, 2026

Asking prices and bank valuations are not sale prices. This is a description of public data, not financial advice.

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