Product Manager Salary in Faro, Portugal

Faro pays a median product manager salary of €31,500 annually. The figure reflects demand. Housing costs influence settlement decisions.

Salary by experience level

Entry-level (0-2 years)

Salary range (per year)

€21,500 to €28,000

Average (per year)

€24,750

Entry-level roles in Faro focus on supporting tourism tech and smaller SaaS firms.

Mid-level (3-5 years)

Salary range (per year)

€28,000 to €35,500

Average (per year)

€31,500

With experience, mid-level managers work on product development for local startups and regional service providers.

Senior (6-9 years)

Salary range (per year)

€35,500 to €45,250

Average (per year)

€39,625

Senior positions involve leading cross-functional teams at companies serving the Algarve's hospitality or healthcare sectors.

Principal/Lead (10+ years)

Salary range (per year)

€45,250+

Principal-level jobs are found in regional headquarters or tech firms with EU-wide reach.

Hourly Rates

For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.

Junior

€13 - €19

per hour

Mid-level

€19 - €24

per hour

Senior

€24 - €33

per hour

Faro's median sits roughly €4,000 below the Portuguese national average for product managers. Rent levels and coastal recreation are notable aspects of the area.