Faro is a southern district of Portugal, bordering the Portuguese district of Beja to the north and the Spanish Province of Huelva to the east. The region is defined by its extensive Atlantic coastline, which shapes its southern and western boundaries.
The housing market in Faro is significantly more expensive than the average for Portugal. Loulé holds the largest share of the region's housing stock and stands out as the most expensive municipality, with prices well above the regional average. Lagos also carries a substantial portion of the market at a premium price. In contrast, Portimão and Albufeira offer major concentrations of housing at much lower costs, while the district capital, Faro, sits closer to the regional average.