Faro, the luxury real estate hotspot in Algarve - Portugal
Portugal / Algarve
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Faro

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Faro · Algarve

Essentials of Faro

Faro is the capital of the Algarve region. Often neglected by tourists, the city of Faro has managed to keep its calm atmosphere and its unique charm, represented by its old town and its surrounding ramparts. This picturesque city traces several years of history thanks to many historical monuments still present today, an archaeological museum, a cathedral dating from the Renaissance and many others.
Access to the centre is reserved for pedestrians, who come to discover the charming dilapidated façades of the ramparts surrounding the city. Also located between the Ria Famosa National Park and the Lagoons, Faro is the witness of the passage of many migratory birds.
Discovering the city of Faro is far away from the other seaside resorts of the Algarve highly frequented by tourists and enjoy a calm and soothing serenity.
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Understanding the Faro market

Algarve is probably the most dynamic and sought-after region when it comes to real estate in Portugal. Its growing activity in recent years, has, in large part, contributed to the development of real estate activity throughout the rest of the country.
Since 2015, buyers have completely regained confidence in this region and have allowed the market to refocus.
With more than 50% of international investors, the market has not stopped growing and thanks to this craze, Portugal has been elected number 1 among the most attractive countries in terms of luxury real estate.
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Live and invest in Faro

Who buys?

Who buys?

The real estate market in Portugal attracts mainly foreign investors. Among them, we find in first position the French investors (25%), followed by the English with a little less than 20%, the Chinese (13%), the Brazilians (8%) then the Belgians (5%). As these figures show, the majority of foreign investors are of European origin.

Seasons

Low Season

Low Season

Jan 01 – Feb 28
January and February are the coldest months in the Algarve region, temperature can range from 13 to 17 degrees. The climate is colder, and the rains are more regular. The temperatures remain warm and the attendance limited, which makes this season a good compromise.
High season

High season

Mar 01 – Apr 30
To make the most of the beginning and end of the season, the months of November and December, and March and April are ideal. At this période, temperatures range from 14 to 21 degree. The climate is pleasant at this time and tourists are less numerous.
Peak season

Peak season

May 01 – Oct 31
With over 2500 hours of sunshine per year, the high season is undoubtedly the hottest season in the country with temperature from 17 to 32 degrees. The more than favorable weather allows you to enjoy all holiday activities. The month of August is a little more arid, very dry, or the rains are very rare.

Points of interest

Ilha deserta

Ilha deserta

Ilha deserta is an island south of Faro. It is the least developed of the three islands surrounding the port Ria Famosa.L'ilha deserta offers some of the quietest and most peaceful beaches in the country. It is this serenity that is the most sought-after characteristic. This even gave him his name, Ilha Deserta, whi...
Old town faro

Old town faro

Located south of the Manuel Bivar Garden, the old town of Faro is surrounded by stone ramparts dating from medieval times. The old town of Faro is also characterized by its architectural mixtures, resulting from the different reconstructions that took place there.
Around the destination

Discover other markets in Algarve

The Algarve region represents the southern coast of Portugal. Bordered to the south and west by the ocean, the Algarve region enjoys an excellent climate, where the sun shines most of the year.This region is full of pristine sandy beaches and offers tourists a variety of activities for everyone to enjoy (golf, historical attraction, hot springs and other caves and cliffs).This destination is ideal for holidays with family or friends and attracts more and more tourists from all over the world every year.
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