The Loulé housing market report in 2022-2023 summarises key trends in Loulé’s housing market in the Algarve Region in Portugal. The analysis covers house prices and new developments. The report primarily draws on publicly available datasets. The Loulé housing market (houses, villas, apartments) report is updated regularly.
CONTACT US TODAY TO DISCUSS YOUR SEARCHArticle updated: October 7, 2022
Information on the purchase prices for a flat or a house / villa in Loulé. Average property prices per sqm.
| Location | Property type | Average selling price per sqm |
| Loulé | Flat | 4 500€/sqm |
| Loulé | House / Villa | 4 300€/sqm |
«If you are looking for a location with easy access, combining traditional Algarve with modern lifestyle, Loulé is probably the best place to start looking for the house of your dreams.»
Tagus Property
Loulé is 12 kilometres from the coast line of the “Golden Triangle”, an area that includes the luxury complexes of Vale do Lobo, Quinta do Lago and the village of Almancil. Loulé is a lively commercial city that retains its traditional charm and reputation as the Algarve’s arts and crafts capital, despite its commercial development.
The city centre is steeped in history. Its castle dates from the 13th century and was built on a site originally occupied by the Romans. Its main church, the mother church of São Clemente, which also dates back to the 13th century, was built in place of an old mosque.
The Loulé municipal market is an astonishing building and an excellent example of classical moorish architecture. It reopened in early 2007 after extensive renovation work.
Contrasting with the long tree lined avenue that crosses the city, Loulé is a labyrinth of narrow alleys full of small buildings.
Loulé offers a wide variety of real estate for sale. From new two-bedroom apartments with all the modern facilities, close to the city’s bars and restaurants, to villas and rustic houses, not to mention building plots and fantastic villas located on the side of peaceful hills, many of them with breathtaking views over the sea.
Many activities in Loulé and its surroundings
Take a walk on the cobbled streets of Loulé and you will understand why it is known as the craft capital of Algarve. Local crafts include ceramics, brass and leather pieces, embroidered bed and table linen, lace and bedspreads, which can be purchased on Saturdays at the colourful gypsy market, which attracts locals and tourists. Don’t miss the annual craft market in July, where you can enjoy the music and festive atmosphere as you stroll through the streets where the region’s craft and food stalls follow one another.
Loulé’s gastronomic options
If you like to eat out, you will have plenty of options in Loulé. The city and its surroundings abound in international gourmet restaurants, but also in Portuguese restaurants that combine the flavours of the sea with those of the mountains. Among the region’s tasty dishes are sardines and seafood, as well as rabbit and pork specialities, typical of the rural areas.
The municipal market is part of Loulé’s daily life. Open from Monday to Saturday, this lively market offers an excellent choice of fresh fruit, vegetables, fish and regional sweets. The city also has modern shops and the Algarve, one of the largest shopping centres in the region, is located nearby in Guia.
Keeping in shape in Loulé
Do you like keeping in shape? Loulé has its own gym and swimming pools. The sports complex has a 50-metre Olympic open-air swimming pool and a 25-metre indoor swimming pool, open to the public all year round. The outdoor pool has a semi-permanent roof that is installed during the winter months.
Twenty minutes by car will take you to the Algarve’s “Golden Triangle”, where you can enjoy the golden sandy beaches and several top-notch restaurants and bars, among other amenities, such as internationally renowned golf courses or a series of indoor and outdoor activities.
We use our in-depth market knowledge and extensive real estate network to provide our clients with access to the best properties, both on and off-market. We oversee every aspect of the purchase process from start to finish.
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