Cheap property in Portugal under €100K

Looking for cheap property for sale in Portugal under 100k? By 2026, buying a home in Portugal feels a lot less accessible than it did a few years ago, especially with property prices increasing more than in other parts of Europe.

That said, sub‑€100,000 properties haven’t disappeared altogether. These days, affordability usually means smaller homes, rural locations, or places that need work.

Cheap property for sale in Portugal

Portugal remains one of the more affordable property markets in Western Europe, but the gap is narrowing. Over the past few years, rising demand from international buyers, tighter rental markets, and ongoing tourism pressure have pushed prices up almost everywhere. Homes under €200,000 have dramatically fallen in the last five years, making it even harder to find affordable housing.

The cheapest places to buy property in Portugal tend to be inland. Central Portugal, parts of the Alentejo, and northern regions away from Porto still offer lower entry prices. 

It’s also important to factor in extra costs when buying property as a foreigner. Older properties frequently need upgrades to electrics, plumbing, insulation, or roofs, and those costs add up quickly. Legal fees, IMT tax, and ongoing maintenance should be part of the budget from day one. Cheap property in Portugal can still be good value, but only if the numbers make sense beyond the asking price.

Cheap property in Portugal under 100k

In 2026, buying cheap property in Portugal under €100,000 is more about expectations than luck. Instead of turn‑key homes, most listings at this level are studios, one‑bedroom apartments, or traditional houses that haven’t been modernised. In coastal areas, anything near the sea under 100K is usually small, dated, or located a fair distance from the beach itself.

Rural properties remain the strongest option for buyers on a tight budget. Village houses, former farm buildings, and older townhouses can still come in under €100,000, particularly in inland regions. These can work well as long‑term projects, holiday bases, or slower‑paced permanent homes, but they’re rarely quick wins.

Find property for sale in Portugal for under 100k