What is the average cost of housing in Faro?

"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," remarked another expat in Faro, Portugal.