Finance: Housing prices news in Portugal

Families bought more than 400 homes per day in 2025

Revenue of the 5 largest real estate agencies increases by 24.4% driven by an army of nearly 25,000 house sellers

Building a new house became 4% more expensive last year

House prices rose 16% and the square metre now costs €5,000 in Lisbon

Very expensive homes

House price moderation is inevitable, says PM

Bank valuation of housing hits a record 2,278 euros/m2 in September

The median bank valuation for housing reached a new historical high of 2,278 euros per square metre in September, 24 euros more than the previous month and 14.2% higher than the same month in 2025.

House prices in Lisbon and Cascais exceed 5,000 euros/m2

Despite a slight slowdown in growth, housing prices in Portugal continue to rise. Lisbon reports the highest transaction values, followed by Cascais, municipalities where the price per square metre is above 5,000 euros. In some civil parishes of the capital, the median price exceeds 6,000 and 7,000 euros, values that continue...

Median house price rises 18% to 2,445 euros/m2 in the second quarter, but transactions decrease

Home sales continue to fall, but prices keep rising. Data released this Friday by the National Statistics Institute reveal that the 37,854 house transactions carried out represent a 9% drop compared to the same quarter of 2025, in which 41,608 transactions were made.

Why are houses becoming more expensive on the South Bank than in Lisbon?

Prices are rising by about 30% in Barreiro and Moita, compared to less than 10% in the capital. Ricardo Guimarães, from Confidencial Imobiliária, explains what lies behind this difference.

Calheta leads sales prices in Portugal with houses at 920,000 euros

The municipality of Calheta currently has the highest average property sale prices in Portugal, with homes reaching 920,000 euros.

dnoticias.pt7 Oct

15 minutes: Portugal recorded the largest rise in house prices in the EU in the second quarter of the year

A brief report on the housing market, noting that Portugal saw the highest increase in property prices across the European Union during the second quarter.

Portugal leads the rise in house prices – while they are falling globally

Portugal stands out with increasing property prices, contrasting with the downward trend observed in the rest of the world.

A voz do Algarve6 Sept

S&P Global Ratings identifies Portugal as the European country where house prices will rise the most in 2026

S&P Global Ratings forecasts that Portugal will experience the highest growth in residential property prices among European nations by 2026.

Jornal PT5014 Jul

Portugal saw the largest EU house price increase at 17.8% in the first quarter

Portugal recorded the highest rise in housing prices within the European Union during the first quarter of the year, reaching 17.8%.

Portugal housing prices hit new high

Home News Portugal housing prices hit new high Portugal housing prices hit new high The residential market in Portugal continues to post unprecedented figures, with the median housing cost reaching a new all-time high of €3,156 per square meter in June 2026.

House prices slow down for the first time in two years

The Housing Price Index slows down for the first time since 2024. Housing prices increased by 17.8% (one percentage point less). The price increase was greater for existing homes.

Housing prices slow down in the 1st quarter for the first time in almost 2 years

Housing prices increased by 17.8% in the first quarter, year-on-year.

House prices hit a new record in 2025, 28% of sales were to foreigners

The housing market reached a new peak in 2025, with international buyers accounting for 28% of total transactions.

Housing appraisal hits new high in April and credit applications increase

The median value rose 16% year-on-year to 2,174 euros per square metre. The number of appraisals increased by 5%.

Median bank valuation value rose 16.5% in April

The sharp rise in housing prices remains a clear trend, with bank valuations following the same path. According to INE data, the median value reached 2,174 euros per square metre in April. This figure reflects a rise of 23 euros compared to March (up 1.1%) and an increase of 16.5%, in line with the previous month, marking another record for this indicator. Year-on-year, no region recorded a decline, with the trend being particularly strong in the Setúbal Peninsula (up 24%). In monthly terms, the most aggressive increase occurred in the Azores (up 4.1%), with no decreases recorded in this metric either. For apartments, the median value reached 2,546 euros per square metre, up 21.0% from April last year and 1.4% from March 2026. For houses, the median bank valuation was 1,561 euros, representing a year-on-year rise of 12.7% and a 1.2% monthly increase. Housing credit: Interest rate falls to 3.077% but rises for new contracts in April. Total housing credit rose 10.6% to 113.6 billion at the end of March.

House sales fell in four European countries at the end of 2025, including Portugal

Despite the drop in the number of sales, Portugal was the second country in the European Union where prices rose the most (the first in the eurozone).

House prices grew by 180% in Portugal between 2015 and 2025

This is the largest increase in the EU. It was only surpassed by Hungary, where house prices more than tripled (+290%), followed by the increases recorded in Lithuania (+168%) and Bulgaria (+157%).

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.

Portugal has the lowest purchasing power

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.

Construction costs for new housing rose by 4% in 2025

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.

Median house price rises 16% to €2,111 per square metre in the third quarter

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 ...