Data through Q3 2025 show Portugal's median house price reached €2,111/m², a 16.1% year‑on‑year rise, with transaction volumes up about 4%. Foreign buyers paid a noticeable premium (€2,889/m² versus €2,083/m² for national buyers), and the biggest regional growth was in Terras de Trás‑os‑Montes (+34.3%). Buyers, sellers and landlords should factor higher valuations and regional differences into budgets and tax planning; mortgage seekers may face tighter affordability. Those looking to buy should check local market reports and mortgage offers before committing.
Median house price climbs to €2,111 per square metre
Thursday, 26 February 2026AI summary
Context & Explainers
Portugal’s house prices have risen faster than the EU average since 2020, and recent reports list Portugal among the countries with the largest price increases over that period. That stronger price growth has worsened affordability in Lisbon and Porto in particular, so prospective buyers and renters should check local indices and mortgage costs before deciding.
Terras de Trás‑os‑Montes is a historical, largely rural region in northeastern Portugal known for low-density towns and agricultural land. In the Q3 2025 house-price data cited in the story, regions like Terras de Trás‑os‑Montes usually show lower property prices than Greater Lisbon or the Algarve, making them relevant for buyers looking for cheaper rural homes.
