4 new residential projects in Silves

Housing price trends in Silves

According to Idealista, the average asking price for housing in Silves in July 2026 is 3 474 €/m². The figure covers the whole housing market, including resale homes.

Over the past 12 months, the price per square metre has increased by 8,2%; over five years, it has increased by 73,1%. The average annual rate over this period is 11,6%.

Housing in Silves is currently 16,6% lower on average than in the district of Faro, where the price is 4 165 €/m².

Compared with the region of Algarve, the difference is 16,6%: housing here is lower.

If the average rate of the past five years continues, the estimated price per square metre in Silves will be about 3 877 €/m² in one year and 4 327 €/m² in two years. That corresponds to changes of 11,6% and 24,5% from the current level.