House prices in Portugal

Rental market prices, namely in Portugal's capital Lisbon, have skyrocketed in the last few years, as has been in the case for the purchase and sale of property in the city.

House prices in Portugal rose 1.6% in the first quarter of 2020 compared to the previous quarter, standing at 2,060 euros per m2. In annual terms, i.e. compared to the first three months of last year, the increase was 11.4%.

Buying a property in Portugal costs, on average, 1,031 euros/m2, according to data from the Portuguese National Institute of Statistics (INE). Even so, there are towns where prices exceed 2,000 euros/m2 (Cascais, Oeiras and Loulé).

Cascais, Lisbon and the Algarve are home to the most expensive streets to buy a property in Portugal, at a time when real estate prices are (still) rising. The most expensive and exclusive address is in Aldeamento Vilar do Golf, in Quinta do Lago, Algarve.

Housing prices in Portugal have increased in the last decade. In nine years, they have increased by 16.6%, above the average of 3.3% in the eurozone and above the world average of 15.4%.

178,691 homes were sold in Portugal in 2018, 16.6% more than the previous year. This is the highest figure in the last 10 years, since 2009, according to the National Institute of Statistics (INE).

House prices in Portugal continue to rise, albeit at a slower pace.

Portugal was voted the world's most gay friendly destination (alongside Sweden and Canada), according to the Spartacus International Gay Guide Index 2019.

After the euphoria of recent years, house prices in Portugal are levelling off, heading towards stabilisation. While Portuguese property prices are still rising, they are doing so at a slower rate.

Time marches on and prices go up. This includes house prices in Portugal, which are getting higher and higher.

The sale price of houses in luxury resorts in Portugal increased 18% in the second half of 2018, compared with the same period of the previous year and 8% in comparison with the previous six months.

House prices in Portugal will continue to rise, albeit at a slower pace than in recent years, following the general trend in Europe, according to forecasts by Standard & Poor's (S&P).

House prices have gone up enormously in Portugal recently, but this doesn’t mean that properties are on the market longer before being sold.

In the third quarter of 2018, house prices in Portugal rose 15.6% compared to the same period of the previous year.

Foreign investment in Portuguese properties has perked up, helping the recovery of the Portuguese real estate sector in recent years.

The luxury real estate market in Portugal continues to grow, under the gaze of domestic and foreign investors. According to the Luxury Estate web portal, average demand in this sector stood at almost three million euro in the first half of 2018.

The price of houses is constantly rising in Portugal, with the increase in the national average being greater for used houses than new ones, despite the fact that new properties are also more expensive and are selling more and more.

The sale price of houses in Portugal rose by 14.2% in March 2018 in comparison with the same month in 2017. We have to go back 26 years to the first quarter of 1992 to find a record of price evolution higher than the current one: that year, the year-on-year price development was 16.1%. In this

Buying a house will always be cheaper than renting in the long run, wherever it is in Portugal, according to accounts based on data from the National Institute of Statistics (Instituto Nacional de Estatística or INE). In the current real estate context of high prices in the rental market, paying of

When choosing where you want to buy a house, in addition to the comfort factor with respect to work or family, we also have to take into account the price per square metre or square foot of housing in the areas we are considering. So what are the cheapest destinations for real estate in Portugal?

To buy or not to buy a house? That is the question. There is always someone trying to work through this dilemma. Should I buy? Should I wait? The decision is never easy.

Buying a home is definitely getting more expensive.

Buying a house is becoming more and more expensive. Property prices in Portugal rose by 3.8% in the first three months of the year, compared with the last quarter of 2017, making the price 1,748 euro per square metre (m2), or 162 euro per square foot (sq ft), according to the idealista price index.

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.

Negotiating the price of a home is possible. You just need is the right motivation.