The real estate market is red-hot in Portugal. Never before have so many houses been sold – 153,292 in 2017, 26,186 more than the previous year (20.6%), and prices are in line with this trend. According to the Portuguese National Institute of Statistics (Instituto Nacional de Estatística or INE), they rose 9.2% last year compared to 2016. The latest Eurostat data confirm this scenario: Portugal had the second highest increase in property prices in the European Union in the fourth quarter of last year (10.5%).
Only in Ireland did house prices go up more than in Portugal in the last three months of 2017, compared to the same period last year, by 11.8%. In third place on the podium is Slovenia (10%).
These values are much higher than the average in the eurozone and the EU, with 4.2% and 4.5% respectively.
It’s also worth pointing out that property purchases became more expensive in all EU countries except Italy, where there was a 0.3% fall in the last quarter of 2017. However, Eurostat does not have data for Greece.
Urgent property sales in Portugal
Purchasing real estate doesn’t have to be a lengthy process, even in the heart of summer. If you’re planning to settle into your new home this season, there are ways to speed up your search and find great deals faster. One of the best options? Urgent property sales in Portugal, offering a unique chance to secure a home quickly and at an attractive price.
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.
Potential pitfalls of buying property in Portugal: a guide for foreign buyers
Dreaming of buying a property in Portugal and starting a new life under the sun? It should be an exciting experience, but for many expat buyers, the process can feel overwhelming and complicated. The legal system is different, the paperwork is in Portuguese, and the buying process differs greatly from your home country.
Cheap property in Portugal under €150K: best deals for 2025
Looking for cheap property in Portugal under €150,000? Despite house prices at record highs, there are still great bargains available if you know where to look. From affordable apartments in quieter parts of the Algarve to budget-friendly homes on the outskirts of Lisbon and Porto, as well as charming rural properties, Portugal offers a variety of options for buyers on a budget.
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.
Country homes for sale in Portugal: only 24% under €100,000
Country homes in Portugal stand out for their charm, character and use of traditional materials such as wood, stone and brick. Also known as rustic homes, they appeal to buyers looking for a quieter lifestyle or an affordable second home in the countryside. However, finding one can be a challenge—whether you're a family or an investor—as country homes made up only 6% of all listings on idealista in the first quarter of 2025. And of those, just 24% are priced below €100,000.
Renovated properties for sale in Portugal
Renovated homes in Portugal are in high demand, offering a blend of traditional charm and modern comfort. From restored townhouses and apartments in Lisbon to upgraded farmhouses and villas in the Algarve, these properties combine historic character with updated interiors and contemporary amenities.