House prices in Portugal

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.

Never before have so many houses been sold in Portugal, neither so many, nor at such a high price. In total, 153,292 houses were sold in 2017, 26,186 more (20.6%) than in 2016.

Too much demand and too little supply – it’s a scenario that continues to fuel the rise in the property prices. In the last year alone, prices have increased by 12.8%, the largest increase since 1992, according to data from Confidencial Imobiliário (Ci).

The limitations of the supply of real estate and the increase in prices in the centres of the main cities are pushing many Portuguese families to a life in the outskirts. This is a trend that, according to the real estate agency Century 21, is here to stay.

In the end, it seems that the price of housing in Portugal is not "so high".

Neither rent nor buy. That’s the reality for young people in Portugal, who are a long way off being able to afford a property at the current house prices.

Before the Property Bubble: Every single region in Portugal has seen property prices fall since the end of 2007 thanks to the global economic crisis. There was a small uplift in 2009 but then another steady drop until 2014, when the economy started to pick up again.

Are you paying a fair price for your home in the sun, or is the owner being overly ambitious with the asking price? Try using these 5 parameters to find out… 1.

As you might have expected, life in Portugal is very cheap. Nonetheless, it is important to spend some time looking up the cost of living before you decide to buy a property in Portugal, whether you plan to live there or just want to buy a holiday home.

Portugal offers many different types of properties compared with Britain. Before you start looking, you should be very clear on the following: Why are you buying? (holiday home, investment, somewhere to retire…) How will you spend your time there?