Latest news and stories about housing prices in finance in Portugal for expats and residents.
The Portuguese real estate market saw record highs in 2025, with prices and transactions on the rise. The five largest real estate agency networks in Portugal reported a significant revenue growth of 24.4%, attributed to an influx of nearly 25,000 house sellers contributing to the booming market.
Home News Portugal has the lowest purchasing power Portugal has the lowest purchasing power Portugal is the second country in the European Union where house prices have risen the most since 2020, and is among the member states with the lowest purchasing power, according to data from Pordata.
The index related to labour costs saw the highest increase, rising by 7.7% over the year. However, this still represents a slowdown compared to 2024.
Construction costs for new housing rose 4.0% in 2025 versus 2024, accelerating from a 3.4% increase the prior year, according to the National Institute of Statistics (INE). The rise was driven chiefly by a 7.7% increase in labour costs — the largest component — although that labour increase actually eased compared with 2024. The data point suggests mounting pressure on housing affordability and margins for developers, with labour market dynamics continuing to be the main cost-side risk for the sector.
Reported house prices rose 16% year‑on‑year, but the data provided appears inconsistent: the body states prices reached €2,111 per square metre in Q3 last year, while the headline claims €5,000 per square metre in Lisbon. This likely reflects different measures or geographies (national average vs Lisbon city centre, asking vs transaction prices). Verify source breakdowns and timing; implications include tighter affordability, stronger expat/investor demand in Lisbon, and amplified regional divergence in the housing market.
The median price of the 41,117 family dwellings transacted in the third quarter of 2025 was €2,111 per square metre, 16.1% higher than in the same period of 2024 and 2.2% above the previous quarter, the National Institute of Statistics (INE) reported on Monday. According to INE information, the number of transactions of ...
House prices accelerated in half of the 24 most populous municipalities in the third quarter, with Coimbra and Setúbal recording the largest increases, figures published on Monday by the National Institute of Statistics (INE) show. According to the national statistics body, among the 24 municipalities with more than 100,000 inhabitants the following stand out...
House prices slowed in the third quarter but continued to rise at a high rate — over 16%. However, according to Statistics Portugal (INE), prices accelerated in 12 of the 24 most populous municipalities.
As prices reach record levels in these key areas, attention has turned inland with Central Portugal and the Alentejo now being portrayed as the next great property ‘gold rush’ for The post The rural property gold rush – hype or reality? appeared first on Portugal Resident.
Bank property valuations for residential housing increased by 17.3% in 2025, reaching €1,949 per square metre.
Data from the National Statistics Institute (INE)
Lisbon, 27 Jan 2026 (Lusa) - The median bank valuation of housing increased by 17.3% in 2025 compared with 2024, settling at €1,949 per square metre (m²), with all regions recording rises, the INE reported today.
Property prices in metropolitan and tourist regions are on average seven times higher than in other parts of the country.
Home News Price moderation for housing in Portugal Price moderation for housing in Portugal Prime Minister Luís Montenegro argued in parliament that “price moderation” for housing for purchase or rent “will be inevitable” after the government’s “risky measures,” which “do not have immediate resul
Housing prices have risen to levels that many describe as obscene, driven by a mix of constrained local supply, strong demand, low borrowing costs and investor activity. The resulting price inflation has undermined affordability, altered living choices and intensified regional disparities in property markets. Policy responses and planning changes will be central to cool inflation and expand accommodation options in affected areas.
Pressure on Portugal's housing market intensified in the third quarter of 2025, with house prices rising 17.7% year-on-year.
During a heated parliamentary debate, Prime Minister Luís Montenegro warned that moderation in residential property prices — for both buying and renting — is inevitable after what he described as recent 'risky measures.' He framed the policy changes as drivers of a market correction, signalling likely cooling pressures on affordability and activity in Portugal’s housing market and prompting renewed scrutiny of government housing and economic policy.
The Prime Minister made the comment in response to Bloco de Esquerda MP Fabian Figueiredo, who denounced 'the biggest housing crisis in the country's history'.
The Portuguese end 2025 on a bittersweet note: economic growth above the European average and higher household consumption (which benefited from relief following the ECB's interest rate cuts), on the one hand, and increased concern about access to housing, whose prices show no sign of stopping, on the other. Expensive housing is a ...
Home News Where have property prices dropped most in Portugal? Where have property prices dropped most in Portugal? The year 2025 was marked by a surge in house prices in Portugal; however, national data hides a different reality at the local level.
Marina Gonçalves, former Housing Minister in António Costa's government, says the record rise in house prices seen between July and September is one of the effects of the AD (Democratic Alliance) government's housing policies. She argues that Luís Montenegro's administration and the Housing Minister should follow the course recently outlined by the European Commission, which last week presented the European Plan for Affordable Housing.
Portugal’s dire ‘housing crisis’ – the situation where many nationals are relentlessly being priced out of the market – continues into the New Year with very little on the horizon The post New surge in Portugal’s housing prices appeared first on Portugal Resident.
Home News Portugal property prices reach record price Portugal property prices reach record price Bank valuations of houses accelerated by 18. 4% last month, reaching a new record of 2,060 per square metre.
The European Commission aims to provide “leeway” to EU countries and local authorities to restrict local accommodation, which is driving up housing prices, in a law it plans to propose in 2026, it was announced today.
