The cheapest (and most expensive) municipalities to buy a house in Portugal

What were the cheapest and most expensive places to buy property in Portugal at the end of 2020?

Cheapest and most expensive places to live in Portugal
Câmara Municipal de Figueira de Castelo Rodrigo
10 February 2021, Redaction

The median price of houses in Portugal rose again at the end of 2020 to 1,168 euros per m2, a figure that represents a reduction compared to the previous quarter (-1.6%) but an increase compared to the same period in 2019 (+7.6%). This period in Portugal was marked by the continuation of the COVID-19 pandemic. According to houses prices in Portugal at the end of 2020, what are the 10 cheapest (and most expensive) municipalities to buy a house in Portugal at the beginning of 2021? Lisbon continues to be the queen of high prices and it is in Figueira de Castelo Rodrigo (Guarda) that it is the cheapest place in Portugal to buy property

In Lisbon, where house prices are already starting to slow down, the average price of houses continues to cross the 3,300 euros/m2 barrier: the parish of Santo António, which includes Avenida da Liberdade and adjacent areas, is the most expensive in the country (5,540 euros/m2). However, it is important to note that there are many discrepancies at national level, with several towns where buying a house costs less than 200 euros/m2. 

Below is a list of the 10 cheapest and also most expensive municipalities to buy propety in Portugal

Top 10 cheapest municipalities in Portugal 

MunicipalityMedian price
Figueira de Castelo Rodrigo161 €/m2
Aguiar da Beira181 €/m2
Mêda184 €/m2
Freixo de Espada à Cinta192 €/m2
Penamacor212 €/m2
Penalva do Castelo223 €/m2
Gavião236 €/m2
Carrazeda de Ansiães239 €/m2
Barrancos245 €/m2
Mação248 €/m2

Top 10 most expensive municipalities in Portugal

MunicipalityMedian price
Lisbon3,375 €/m2
Cascais2,747 €/m2
Oeiras2,312 €/m2
Loulé2,226 €/m2
Lagos2,018 €/m2
Porto2,016 €/m2
Odivelas1,958 €/m2
Albufeira1,951 €/m2
Tavira1,924 €/m2
Faro1,758 €/m2
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