10 Portuguese towns where you can buy a house for less than €36,000
While Portugal faces a housing crisis and rising property prices, local differences are striking.
House prices in Portugal soar 17.7% – second highest in the EU
House prices in Portugal rose 17.7% year-on-year in the third quarter of 2025, marking the second-largest increase in the European Union, according to Eurostat. This surge is well above both the Eurozone average of 5.1% and the EU average of 5.5%, highlighting the continued strength of the Portuguese property market.
House prices fall in parts of Lisbon and Porto
The housing market in Lisbon and Porto continues to become more expensive year after year. However, municipal data conceal a very mixed picture when it comes to house prices in each area, which are evolving in markedly different ways.
The most expensive place to buy a house in Portugal: top 5 areas
Portugal’s housing market is still inching upward, and the gap between everyday prices and the most expensive places to buy property in Portugal has grown stark.
Portugal has the most overvalued house prices in the EU
Access to housing is becoming increasingly difficult across Europe, with house prices rising far faster than household incomes in recent years. Portugal, in particular, stands out for all the wrong reasons: it is one of the EU Member States where housing costs have more than tripled over the last decade.
The Portuguese towns where you can buy a house for under €35,000
Access to housing in Portugal is becoming increasingly difficult as house prices reach record growth levels while wages fail to keep pace. However, this reality does not affect the entire country.
House prices in Portugal have doubled in 15 years
House prices increased by 5.1% in the eurozone and 5.4% across the European Union in the second quarter compared with the same period last year, Eurostat reported at the start of October 2025. Portugal saw the sharpest rise at 17.2%.
Luxury homes for sale: discover the 10 most expensive streets in Portugal
Even within the world of luxury real estate, some locations stand out as truly exceptional. When examining Portugal’s priciest streets for purchasing property, Cascais features prominently in the top 10, as revealed by a recent analysis from idealista, Portugal’s leading property marketplace.
Portugal’s housing crisis “becoming unsustainable”, warn banks
Portugal’s housing market is showing no signs of cooling.
Portugal leads house price rises in the EU in the first quarter of 2025
Year-on-year house prices increased by 5.4% in the euro area, 5.7% in the EU, and... 16.3% in Portugal, according to Eurostat.
Portuguese Government launches new housing policy to tackle rising prices
Portugal’s Prime Minister has announced a fresh housing strategy aimed at bringing together all key players in the property sector to help resolve the country’s housing crisis and curb price increases.The new government led by Luís Montenegro is prioritising one clear goal: “Ensuring quality housing
Municipalities near Lisbon continue to dominate housing demand in Portugal
Location remains one of the key factors to consider when searching for a home to buy in Portugal, alongside price.
Buy a house in Portugal for less than 30,000 euros? It's possible in these 12 towns
There is a significant disparity in Portugal regarding house prices for purchase. In the major urban centres of Lisbon, Porto, and Faro, housing costs are quite high and often out of reach for middle-class families.
Where to buy property for less than 150,000 euros in Portugal
People have been buying homes in Portugal at increasingly higher prices, with the average cost reaching 221,272 euros in the summer of 2024.
Buying property in Portugal: the Algarve has the highest effort rates
Before buying a home in Portugal, families take into account a number of factors, such as the price of the property, location, size, condition, and the cost of bank financing, which adds to the household expenses they need to cover.
Price of luxury homes rises globally with Lisbon leading the way
The global economic context continues to present challenges and uncertainties. However, the luxury real estate market remains resilient.
Buying a house in Greater Lisbon is 70% more expensive than the national average
The Lisbon region has increasingly attracted families to live, visit, and invest. This high demand has been reflected in house prices, as the housing supply has not kept pace with this growth.
The Algarve remains one of the most accessible markets for millionaires
The Algarve is the most accessible prime market in Europe for millionaires, closely followed by Bordeaux and Tuscany.
Access to housing concerns over 80% of Portuguese people
Concerns about house prices (whether for renting or buying) are reaching record levels in the wealthiest countries, surpassing other issues such as health or education.
Luxury homes in Lisbon: prices have second highest acceleration in the world
The growth in luxury home prices worldwide is losing momentum due to high interest rates still impacting many markets, such as those in the US and Europe. However, some cities are experiencing a counter-cyclical trend, with Lisbon among them.
Foreigners buy homes 39% more expensive than Portuguese buyers
The purchase of homes in Portugal by foreigners fell in early 2024, coinciding with the end of the Non-Habitual Residents (NHR) regime on previous terms and the golden visa programme for real estate investment.
House prices accelerate globally with a 6.5% increase in Portugal
House sales in Portugal (and Europe) fell throughout 2023, leading to a cooling in the rate of price increases. However, recent decreases in mortgage interest rates and gains in purchasing power due to slowing inflation are aiding the recovery of the housing market.
Portugal house prices on the rise but the country remains "attractive to foreigners"
House prices in Portugal continue to increase, having grown by 6.5% over the past year, 2.5% over the past six months, and 2.9% over the past three months, according to the Knight Frank Global House Price Index. Portugal also ranks 14th in the index, ahead of countries such as France, Germany, Switzerland, and the USA.
Luxury house prices in Portugal rise by 6.5% in a year
The latest analysis by idealista reveals that the houses for sale with the highest prices on the market (10% of the total supply) are becoming even more expensive, with prices rising by 6.5% in April 2024 compared to the same month last year. The price increase of these most exclusive properties in the country was similar to the overall market, which saw a 6.4% rise during this period.
House prices in Portugal to remain 6 times higher than salaries
Difficulties in accessing housing in Portugal and Spain will continue to exist in the short term. This is because, according to Fitch estimates, increases in family income should be “practically equal” to the expected evolution of house prices for 2024 and 2025. In Portugal, the cost of housing could grow by up to 6% per year.