What is the average cost of housing in Faro?
If you are thinking about moving to Faro, cost of living in probably a key consideration. Expats commented about the cost of housing...
"The average cost of housing in Faro can vary greatly depending on the location and size of the property. For instance, in the city center, you might expect to pay a higher price compared to the outskirts. On average, you could expect to pay around €2,500 per square meter for an apartment in the city center. However, prices can go as low as €1,700 per square meter in less central areas. For a house, prices can range from €2,000 to €3,000 per square meter. Renting a one-bedroom apartment in the city center could cost around €600 per month, while the same apartment outside the city center could cost around €500 per month. Please note that these are average prices and actual costs may vary," explained one expat living in Faro, Portugal.
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Portugal Residency AdvisorsPortugal Residency Advisors is a full-service consulting firm dedicated to providing personalized services to individuals and families seeking to relocate to Portugal. With a team of experienced professionals and strategic partnerships, we are well-positioned to assist clients with all aspects of the relocation process.
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Click connect to have our partner contact you via e-mail and/or phone.
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What is the average cost of housing in Faro?
If you live in Faro, newcomers to Faro would love to hear your answer to this question.
