House prices in Palmela

Median price of real transactions (deeds), 2025 · Q4, across all property types — apartments and houses. Source: INE.

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Median2,263 €/m² 17.8% vs. previous year
Apartments2,263 €/m²apartments only · ~203,670 € for 90 m²
vs. national average+9%Portugal: 2,076 €/m²
Price rank45 of 305 among municipalities
~90 m² home203,670 median × 90 m² · all property types

Median values of real transactions (registered deeds), not asking prices — which on portals tend to be higher. The median combines apartments and houses: larger properties usually have a lower price per m², which can pull the figure below that of an equivalent new apartment.

In Palmela, the median sale price is 2,263 €/m², 9% above the national median (2,076 €/m²) — in line with the average. Over the past year the value rose 17.8%, indicating strong appreciation.

Median price trend (€/m²)

1,7692,2632024 Q12025 Q4

New vs resale in Palmela

Median €/m² by property condition · 2025 · Q4 · INE

2,193 €/m²new (newly built)
2,288 €/m²resale (existing)
-4%less than resale
New
2,193 €/m²
Resale
2,288 €/m²

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Source: Statistics Portugal (INE), local house price statistics. Median sale value over the last 12 months, 2025 · Q4.