Portugal has the most overvalued house prices in the EU
Access to housing is becoming increasingly difficult across Europe, with house prices rising far faster than household incomes in recent years. Portugal, in particular, stands out for all the wrong reasons: it is one of the EU Member States where housing costs have more than tripled over the last decade.
House prices in Portugal have doubled in 15 years
House prices increased by 5.1% in the eurozone and 5.4% across the European Union in the second quarter compared with the same period last year, Eurostat reported at the start of October 2025. Portugal saw the sharpest rise at 17.2%.
Lisbon ranked 11th for highest growth in luxury property prices
Lisbon continues to attract foreign investment in the luxury real estate sector, ranking 11th in the list of cities where property prices have risen the most in the first nine months of the year 2024.
"House prices must be adjusted to purchasing power"
Even in the current context of uncertainty, high interest rates on bank loans and rising living costs, there is still interest in buying a house in Portugal.
Supply of houses for sale in Portugal up 11% in the last year
The house-buying business is changing in 2023. At a time when it is more difficult and more expensive to pay off a mortgage and purchasing power continues to be squeezed by inflation, the number of houses sold in Portugal is falling and prices are tending to stabilise in our country.
House prices in Portugal are expected to fall by 2.1% in 2024, says CaixaBank
The slowdown in the Portuguese property market "is proving to be less pronounced than expected, at least in terms of house prices", according to a study by CaixaBank Research, which has improved the country's growth forecasts for 2023.
Owning a home in Portugal: these are the most popular holiday destinations
The demand for housing in Portugal continues to grow and there are areas that, for various reasons, are attracting more interest from investors - both domestic and foreign.
House price rises slow downing around the world in 2023 - up 11.4% in Portugal
House prices around the world are under pressure as central banks raise benchmark interest rates to try to curb inflation. But the truth is that house prices in 56 countries are rising at the slowest rate since 2015, as there is less pressure from demand on existing housing supply.
House prices rose 1.6% in Portugal in the first quarter of 2020
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%.
Property sales figures in Portugal rise 16.6% in 2018 to reach 10-year high
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 rose 3.3% in Portugal in the first quarter of 2019
Time marches on and prices go up. This includes house prices in Portugal, which are getting higher and higher.
House prices in resorts rise 18% and will keep going
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.
Real estate prices in Portugal went up 15.6% in a year
In the third quarter of 2018, house prices in Portugal rose 15.6% compared to the same period of the previous year.
The increase in rental prices in Lisbon slows down (but are still at their highest for eight years)
Renting an apartment in Lisbon is more expensive than it was a year ago, but the rise in prices is slowing down. In the second quarter of the year, rental prices in the Portuguese capital rose by 1.8% over the previous quarter and by 17% in counterpart terms.
Ex-pats pay 50% more to buy Portuguese houses
Much has been said about the importance of foreign investment in the current dynamism of the real estate market in Portugal.
More second-hand properties sold than new ones in Portugal in 2018 (and the price is doubling)
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.
House prices in Portugal in March 2018 – the highest increase in 26 years
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%.
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Portuguese property prices rose by 3.8% in the first quarter of 2018
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.
Portugal had the second highest annual increase in house prices in the EU
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.
153,292 properties were sold in Portugal last year – 420 per day – and prices rose 9.2%
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.