Finance: Housing prices news in Portugal

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

Very expensive homes

House price moderation is inevitable, says PM

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 ...

House prices accelerated in half of the 24 most populous municipalities in the third quarter

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 but continue to rise by over 16%

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.

The rural property gold rush – hype or reality?

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 housing valuations rise 17.3% in 2025 to €1,949/m²

Bank property valuations for residential housing increased by 17.3% in 2025, reaching €1,949 per square metre.

House prices soar 17.3% in 2025 and approach €2,000 per m²

Data from the National Statistics Institute (INE)

Home valuations rise 17% in 2025 to €1,949 per m²

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.

Buying a house in Portugal is seven times more expensive in metropolitan and tourist areas

Property prices in metropolitan and tourist regions are on average seven times higher than in other parts of the country.

Price moderation for housing in Portugal

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

Portugal leads rise in house prices in the eurozone

Pressure on Portugal's housing market intensified in the third quarter of 2025, with house prices rising 17.7% year-on-year.

Montenegro says moderation of housing prices will be inevitable

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'.

Housing and Defence are the priorities for 2026

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 ...

Where have property prices dropped most in Portugal?

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.

Housing: Former Socialist Party minister points to 'evident correlation' between government measures and rising prices

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.