House prices in Portugal

Median sale price of family dwellings, in €/m², by region and municipality. Official INE data, 2025 · Q4.

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National median2,076 €/m²▲ 16.8% vs. previous year
strong appreciation

The residential market in Portugal records a median of 2,076 €/m² (2025 · Q4), a rise of 16.8% from a year earlier. The most expensive region is Grande Lisboa (3,439 €/m²) and the most affordable is Alentejo (1,031 €/m²). We track 305 municipalities with official INE data.

By region

Grande Lisboa3,439 €/m²▲ 17.0%
Premium · strong appreciation
Algarve3,139 €/m²▲ 14.1%
Premium · strong appreciation
Península de Setúbal2,596 €/m²▲ 22.6%
Above average · very strong acceleration
Região Autónoma da Madeira2,500 €/m²▲ 4.4%
Above average · stable market
Área Metropolitana do Porto2,305 €/m²▲ 16.1%
On average · strong appreciation
Norte1,825 €/m²▲ 17.1%
On average · strong appreciation
Oeste e Vale do Tejo1,547 €/m²▲ 20.8%
Affordable · very strong acceleration
Região Autónoma dos Açores1,426 €/m²▲ 20.9%
Affordable · very strong acceleration
Centro1,203 €/m²▲ 17.3%
Affordable · strong appreciation
Alentejo1,031 €/m²▲ 19.6%
Affordable · very strong acceleration

Most expensive municipalities

Lisboa4,875 €/m²▲ 12.3%
Premium · strong appreciation
Cascais4,550 €/m²▲ 12.3%
Premium · strong appreciation
Oeiras4,187 €/m²▲ 20.6%
Premium · very strong acceleration
Loulé3,993 €/m²▲ 19.8%
Premium · very strong acceleration
Lagos3,801 €/m²▲ 10.1%
Premium · moderate growth
Porto3,347 €/m²▲ 12.2%
Premium · strong appreciation
Aljezur3,288 €/m²▲ 7.5%
Premium · moderate growth
Albufeira3,285 €/m²▲ 11.7%
Premium · moderate growth
Odivelas3,282 €/m²▲ 18.7%
Premium · very strong acceleration
Vila do Bispo3,189 €/m²▲ 5.2%
Premium · stable market
Almada3,160 €/m²▲ 19.5%
Premium · very strong acceleration
Lagoa3,107 €/m²▲ 12.5%
Above average · strong appreciation
Tavira3,103 €/m²▲ 8.8%
Above average · moderate growth
Funchal3,100 €/m²▲ 1.3%
Above average · stable market
Loures3,057 €/m²▲ 17.2%
Above average · strong appreciation
Matosinhos3,004 €/m²▲ 16.3%
Above average · strong appreciation
Amadora2,986 €/m²▲ 20.4%
Above average · very strong acceleration
Faro2,985 €/m²▲ 19.2%
Above average · very strong acceleration
Portimão2,953 €/m²▲ 14.5%
Above average · strong appreciation
Vila Real de Santo António2,914 €/m²▲ 14.4%
Above average · strong appreciation
Mafra2,860 €/m²▲ 18.7%
Above average · very strong acceleration
Sesimbra2,765 €/m²▲ 20.5%
Above average · very strong acceleration
Alcochete2,765 €/m²▲ 31.3%
Above average · very strong acceleration
Silves2,746 €/m²▲ 11.4%
Above average · moderate growth

Source: Statistics Portugal (INE), local house price statistics. Median sale values over the last 12 months.