Property Prices in Portugal in 2026
The property market in Portugal continues to show price growth in 2025, especially in popular regions such as Lisbon.
Lisbon, the capital, is the country’s business and cultural centre so real estate is in high demand. On the other hand, popular summer destinations are found along the Lisbon Riviera on the Atlantic coast, like the towns of Estoril, Cascais, Caparica, Sesimbra and Carcavelos. Here, buyers can find luxurious villas, beautiful beaches, upmarket restaurants, golf courses and the famous F1 race track that closed in 1996. Apartments in the region cost from 250,000 euros to 6 million euros and villas from 600,000 euros to 20 million euros.
Portugal’s Algarve is the southernmost province and has almost 200 km of coastline. Living standards are high here, there are many good beaches and golf courses and the region is known for its prime construction industry. Although a lot of houses are empty from October to April, they are in high demand during the summer months. Popular resorts include Praia da Rocha, Vale de Lobo, Vilamoura and Albufeira. There is an international airport in Faro, the capital of the province. Studios in the Algarve cost about 100,000 euros and villas from 11 million euros.
Porto is the second biggest city after Lisbon. It is located in the north of the country. As a centre for industry, commercial property is in high demand. However, many foreign buyers also buy villas there with prices ranging from 250,000 euros to 4 million euros.
Madeira island is a dream for many property buyers. Located in the Atlantic Ocean, it is about 1000km from continental Portugal. Buyers and tourists here are mainly from Germany, the UK and Scandinavian countries. Popular locations on the island include Funchal, Monte, Santana, Curral das Freiras and Camara de Lobos, where Winston Churchill liked to spend his holidays. The world-famous Madeira, a fortified Portuguese wine, is produced in Girao and Estreito de Camara de Lobos. Apartments in Madeira cost 190,000–900,000 euros and house prices range from 350,000 euros to 2 million euros.
The most popular properties in Portugal are apartments, country houses and villas on the coast. The country has some of Europe’s best golf resorts and thanks to the clement climate, people even play golf here during the winter.
Property prices in Portugal
Prices for villas vary from 250,000 euros and apartments from 100,000 euros. Prime real estate can sell for millions.
City | Price (€/м²) | Year-on-year change |
Lisbon | 4,211 | +5.1 % |
Porto | 2,848 | +10.4% |
Faro | 3,543 | +6.7% |
Coimbra | 1,507 | +6.9% |
Madeira (island) | 3,308 | +11.6% |
Viseu | 1,170 | +7.1% |
Aveiro | 1,854 | +9.8% |
Braga | 1,692 | +11.3% |
Leiria | 1,751 | +9.2% |
Setúbal | 2,752 | +11.3% |
Bragança | 903 | +3% |
Évora | 1,492 | +17.1% |
Porto Santo (island) | 2,776 | +22.1% |
Faial (island) | 1,605 | +22.1% |
The most affordable cities to buy property in Portugal
According to the latest report by Portuguese property platform Idealista, in the following municipalities you can buy a 100 sq. metre house for less than 30,000 euros:
- Pampilhosa da Serra, Coimbra District: 220 €/m², which is €22,000 for a 100 m² house.
- Mação , Santaren District: 243 €/m², or €24,300 per 100 m².
- Vimioso, Bragança District: 250 €/m², or 25,000 € per 100 m².
These areas are located in the interior of the country where demand for property is lower, which is reflected in more affordable prices.
The most expensive cities to buy property in Portugal
On the other hand, the highest housing prices are recorded in the major cities and prestigious areas: Lisbon, Faro and Porto.
The high cost of property in these areas is due to the developed infrastructure, proximity to the coast and popularity among tourists and investors.
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