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Real estate prices in Carvoeiro – Algarve 2021

The Carvoeiro housing market report summarises key trends in Carvoeiro’s housing market in the Algarve. The analysis covers house prices and new developments. The report primarily draws on publicly available datasets. The Carvoeiro housing market (houses, villas, apartments) report is updated regularly.


Property prices in Carvoeiro – Algarve Region – Portugal

Buying prices per m2 in Carvoeiro in 2021 ~ 2,700€ to 3,200€


Carvoeiro is not a tourist destination with large buildings, but still has many modern properties in the new residential areas that are emerging as the municipality expands.

Historically speaking, this municipality played an important role in Roman history and the shipbuilding industry, which was reflected in the original architecture.

Despite the absence of a large urban centre, the village is full of scattered shops, most of which cater for foreign home owners in Carvoeiro.

You can therefore count on grocery stores and other products from your native country and Western Europe.

Located in a bay and surrounded by dazzling coastal cliffs, Carvoeiro Beach is one of its most popular attractions. Here you can try a range of extreme water sports, such as diving, jet-skiing, canoeing, water skiing.

Key facts

  • Approximately 3,000 inhabitants
  • Lagoa Municipality
  • Faro District
  • Algarve Region

Some figures…

  • More than 300 days of sunshine per year
  • 64 km from Faro Airport (45 minutes drive)
  • By the sea
  • Wide choice of hikes along the cliff edge
  • Cycling trips (toward Albufeira)
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Carvoeiro is located between Portimão and Armação de Pêra

Carvoeiro: live by the sea

For a more relaxed sea experience, take a boat tour to explore the caves along the coast. Some of these caves can be admired on land, on the various winding paths of the cliffs. Climb up to the Alfazina lighthouse in Carvoeiro for an absolutely breathtaking panoramic view of the region and look through the “chasms” along the way. These are cavities dug by the sea in the cliff rocks. Fortunately, these cavities are protected by fences. At ‘Algar Seco’, you can see another one of nature’s creations. The site has countless caves, islets and geysers carved into the cliffs by the sea. Many villas for sale in Carvoeiro are located on the hills overlooking the village and have ocean views. Some of Carvoeiro’s less expensive apartments and urban houses are located in the centre of the village. The municipality of Carvoeiro is a coastal tourist destination in the municipality of Lagoa.

A word from the real estate expert in Carvoeiro

«Our real estate agents in Carvoeiro, experts in the local market, explore, visit and find exceptional properties throughout the Carvoeiro region of Portugal. Fully aware of the selling price per m2 in Carvoeiro, they search and find the ideal property for you by relying on a trusted network and the best technologies to find real estate in the Algarve.»

Average price per m2 in Carvoeiro: ~2,700€ à 3,200€

Tagus Property

Carvoeiro: real estate market conditions

Information on the purchase prices for an apartment or house / villa in Carvoeiro. Average real estate prices per m2.

Living in Carvoeiro

Best golf courses:

Some beaches in Carvoeiro:

  • Carvoeiro beach
  • Praia do Carvalho
  • Praia da Marinha
  • Praia do Vale de Centeanes
  • Vale de Covo


  • Sea view
  • Apartment
  • Seaside
  • House near beach
  • Modern villa
  • House with swimming pool
  • Traditional villa

Search & Acquisitions

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