House prices in the Algarve stabilized in April

Analyzing by municipalities, prices in the region rose in Lagoa (2.7%), Aljezur (1.8%), Loulé (1.4%), Portimão (0.8%), Castro Marim (0.8%) and São Brás de Alportel (0.6%). Prices remained stable in Monchique (0.5%), Silves (0.4%), Olhão (0.4%), Albufeira (0.2%), Faro (-0.1%), Lagos ( -0.3%) and Vila Real de Santo António (-0.4%). On the other hand, prices fell in Vila do Bispo (-1.8%) and Tavira (-0.7%).

The most expensive municipality to buy a house is Loulé (4,064 euros/m2), followed by Lagos (3,792 euros/m2) and Vila do Bispo (3,760 euros/m2). Next are Aljezur (3,614 euros/m2), Lagoa (3,474 euros/m2), Albufeira (3,362 euros/m2), Tavira (3,116 euros/m2), Faro (2,922 euros/m2), Castro Marim (2,882 euros/m2 ) and Vila Real de Santo António (2,837 euros/m2).

On the other hand, the most economical ones are in Monchique (2,300 euros/m2), São Brás de Alportel (2,525 euros/m2), Portimão (2,605 euros/m2), Silves (2,821 euros/m2) and Olhão (2,831 euros/m2) .

At a national level, housing prices remained stable during the same period, standing at 2,622 euros/m2.

It should be noted that the ranking of the most expensive districts to buy a house is led by Lisbon (4,027 euros/m2), followed by Faro (3,334 euros/m2), Madeira Island (3,015 euros/m2), Porto (2,580 euros/m2) , Setúbal (2,472 euros/m2), Porto Santo island (2,241 euros/m2), Aveiro (1,723 euros/m2), São Miguel island (1,672 euros/m2), Leiria (1,616 euros/m2), Braga (1,547 euros/m2), Pico island (1,491 euros/m2), Viana do Castelo (1,466 euros/m2), Santa Maria island (1,416 euros/m2), Coimbra (1,389 euros/m2), Faial island (1,321 euros /m2), Évora (1,280 euros/m2), Terceira island (1,214 euros/m2), São Jorge island (1,210 euros/m2) and Santarém (1,160 euros/m2).

The most economical prices are in Guarda (689 euros/m2), Portalegre (724 euros/m2), Castelo Branco (839 euros/m2), Bragança (884 euros/m2), Vila Real (973 euros/m2), Beja (1,098 euros/m2) and Viseu (1,118 euros/m2).