House prices in Penela

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

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Median759 €/m²▼ 8.3% vs. previous year
vs. national average-63%Portugal: 2,076 €/m²
Price rank213 of 305 among municipalities
~90 m² home68,310 €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 Penela, the median sale price is 759 €/m², 63% below the national median (2,076 €/m²) — more affordable. Over the past year the value fell 8.3%, indicating cooling.

Median price trend (€/m²)

6757592024 Q12025 Q4

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