Housing prices in Portugal rise 12% in March, reaching a new all-time high

Wednesday, 1 April 2026RSS
Housing prices in Portugal rise 12% in March, reaching a new all-time high

The Portuguese real estate market recorded an average increase of 12% in March compared to the first three months of 2025, with the median asking price reaching 3,107 euros per square metre, according to the idealista index. This marks the fifth consecutive record for the indicator, which rose 2.9% quarterly. Growth was widespread, with values increasing in 19 of the 20 district capitals and autonomous regions analysed, with only Vila Real showing slight stability (-0.3%). The largest year-on-year variations occurred in Santarém (26.5%), Guarda (26%), and Viseu (24.2%), followed by Beja, Coimbra, and Leiria. Lisbon continues to lead the urban price ranking with a median price of 6,082 euros/m2, followed by Porto (4,085 euros/m2) and Funchal (3,993 euros/m2). At the other end are districts and islands with much lower prices, such as Guarda (846 euros/m2) and Portalegre (961 euros/m2). Analysing by district and islands, 25 of the 26 territories recorded annual increases, with the exception being the island of Santa Maria (-3.2%). The largest increase was observed on the island of Porto Santo (32.1%), while islands such as Terceira and São Miguel also showed significant appreciation. By region, the Alentejo led the increases over the last 12 months (+20.5%), followed by the Azores (+19.6%) and Madeira (+15.5%). The Lisbon Metropolitan Area remains the most expensive region (4,356 euros/m2), while the Centre continues to have the lowest median prices (1,764 euros/m2). The idealista index is based on asking prices published on the platform, excluding atypical and inactive listings and using the median of valid advertisements.

View full article on dinheirovivo.dn.pt

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