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Portugal Property Prices Maintain Upward Trend

Portugal Property Prices Maintain Upward Trend

BY Realty+
Published - Monday, 10 Mar, 2025
Portugal Property Prices Maintain Upward Trend

House prices rose in 18 major cities of Portugal. The sale price in February rose in 18 district capitals, with Beja (21 per cent), Setúbal (16.9 per cent) and Vila Real (16.6 per cent) leading the list. Additionally, there was an increase in house prices in Santarém (15.5 per cent), Évora (15.3 per cent), Bragança (13.1 per cent), Ponta Delgada (12.6 per cent), Leiria (12.2per cent), Funchal (9.8 per cent), Viseu (9.2 per cent), Coimbra (9.1 per cent), Braga (8.9 per cent), Portalegre (7.7 per cent), Guarda (7 per cent) and Faro (5 per cent), Porto (3.6 per cent), Viana do Castelo (3 per cent) and Castelo Branco (2.8 per cent).

There were two large cities where the cost of housing remained practically stable, Aveiro (0.1 per cent) and Lisbon (-0.4 per cent), according to Idealista.

Lisbon continues to be the city where it is most expensive to buy a house, with 5,515 euros/m2. Porto (3,643 euros/m2) and Funchal (3,528 euros/m2) occupy second and third places, respectively. Followed by Faro (3,069 euros/m2), Setúbal (2,673 euros/m2), Aveiro (2,475 euros/m2), Évora (2,370 euros/m2), Ponta Delgada (2,052 euros/m2), Coimbra (2,033 euros/m2), Braga (1,953 euros/m2), Viana do Castelo (1,934 euros/m2), Leiria (1,624 euros/m2), Viseu (1,559 euros/m2) and Vila Real (1,446 euros/m2).

The most economical cities to buy a house in Portugal include Guarda (851 euros/m2), Castelo Branco (893 euros/m2), Portalegre (903 euros/m2), Bragança (1,038 euros/m2), Beja (1,104 euros/m2) and Santarém (1,401 euros/m2).

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