House prices in Portugal

In recent months, against the backdrop of the pandemic, purchases of homes to renovate and improvements to already inhabited homes have spiralled. But these always come together with issues related to building work, which may cause costs to skyrocket.

Luxury homes have attracted more and more families to live in in the last few years, as the coronavirus pandemic has made people reconsider what they want in a home. Some people are looking to the countryside, others simply want more space after spending time locked inside their smaller homes.

"House prices have grown faster than salaries in more than half of the 35 countries" that make up the Organisation for Economic Co-operation and Development (OECD), highlights the International Monetary Fund (IMF).

The coronavirus pandemic continues to have its effect on the global property market and we've already heard that rental prices will see slight rises in Portugal in 2022. But what exactly will these price rises look like? How much will rent go up by in Portugal?

The most exclusive and most expensive street in Portugal for buying a property is found Oeiras, Lisbon. Currently, buying a house on the most expensive street in Portugal costs, on average, 4,470,462 euros.

Buying a house in Portugal remains a dream for many people who want to move abroad, but due to the pandemic and house prices that continue to rise, people are putting off moving to Portugal in 2021.

Where is the most expensive place in Portugal? When it comes to buying property and looking at the 25 most expensive municipalities to buy a house in Portugal, Lisbon is the most expensive.

Lisbon is the second cheapest capital city to buy property in Western Europe. How much does property cost in Lisbon? In the Portuguese capital it is possible to find a home for 227,751 euros, with the average cost of living being 1,048 euros per month per person.

Lisbon is the 83rd most expensive city in the world in terms of cost of living, moving up 23 places in the ranking compared to last year. This is according to a study by Mercer released at the end of June 2021. The ranking of the most expensive cities for expats is led by Ashgabat, Turkmenistan.

If you're planning on moving to Portugal in 2021, one of the key factors to consider is the cost of living. What is the average cost of living in Portugal? How much money do you need to live comfortably in Portugal? Where is the cheapest place to live in Portugal?

To buy or rent a house, that is the question? This is, undoubtedly, one of the biggest questions that many people face when it's time to move to Portugal.

House prices, although less than in previous years, continued to increase in 2020 in Portugal and in general, this upward trend is expected to continue in 2021. What explains this phenomenon in a context of economic crisis generated by the COVID-19 pandemic?

What factors affect the selling price of a home in Portugal? There are many elements that will have an influence on the price a property is eventually sold for, including the condition and decor of the property.

Will house prices fall in Portugal in 2021? Is 2021 a good time to invest in property in Portugal? What effect will COVID-19 have on house prices? These are just some of the questions on the minds of those planning a move to Portugal in 2021.

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%).

Foreign demand continues to grow in Portugal, even in spite of the COVID-19 pandemic that is sweeping the world.

With 2020 coming to a close, it's time to have a look at some of the main statistics when it comes to house prices in Portugal for 2020, as well as some predictions from the European Commission in Brussels for 2021. After the surge in property prices throughout Portugal in recent years, h

In spite of the coronavirus pandemic that has seen house prices drop in many countries, the cost per square metre of housing in Portugal continues to rise, although the pandemic is putting a brake on the pace of growth.

In the second quarter of 2020, marked by several confinement measures and restrictions because of the pandemic in most Member States, house prices increased by 5% in the eurozone and 5.2% in the European Union (EU) compared to the same period last year.

After rising by 1.6% and 0.5% in the first and second quarters of 2020 respectively, compared to previous quarters, house prices in Portugal continue to rise during the COVID-19 pandemic: prices rose by 1% between July and September compared to the previous three months, to 2,090 euros/m2.

Prices for luxury homes in Lisbon have gone up by 98% in the last decade between 2010 and 2020.

Buying a house in the most expensive street in Portugal in 2020 costs, on average, 2,743,000 euros, slightly lower than last year's average price for a luxury home on Portugal's most expensive streets.

Whether you’re looking for a rural property in the countryside, a villa close to the beach or a chic city apartment, there are properties in Portugal for every budget.

In April, banks in Portugal once again increased the value of the valuations carried out in the field of housing credit and mortgages.

House prices are expected to fall in almost all major European markets this year due to the economic effects of the COVID-19 pandemic, according to findings by economists at Standard & Poor's (S&P) Global Ratings.