The price of housing in cities and regions in Portugal, between the second quarter of 2020 and that of 2021 has increased. Let's see the evolution of the price per square meter of housing, by typology, with the data provided by the National Institute of Statistics (INE).
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The price of housing in Portugal and its evolution
Since 2018, house prices have been increasing, an average of around 10% per year.
The following chart shows the evolution of prices between the second quarters of 2018 to 2021.
However, since the graph is interactive, it is possible to position the cursor on each of the points, in order to visualize the price per square meter in euros, in the chosen quarter.
However, the evolution of housing prices by typology in the various cities and regions of the country has different characteristics.
The evolution of housing prices by typology
As for the evolution of the price per square meter of housing in Portugal, according to its typology T0 or T1, T2, T3 and equal to or greater than T4, the evolution is as follows:
| Region | T0 or T1 | T2 | T3 | T4 or more |
|---|---|---|---|---|
| Portugal | 1509 | 1286 | 1121 | 1009 |
| Continent | 1522 | 1287 | 1121 | 1015 |
| Total North | 1370 | 1134 | 1020 | 919 |
| Alto Minho | 806 | 988 | 929 | 783 |
| Dig | 1130 | 1025 | 1004 | 928 |
| Poltry | 966 | 957 | 960 | 787 |
| Porto Metropolitan Area | 1692 | 1281 | 1212 | 1209 |
| High Tâmega | 567 | 613 | 650 | 584 |
| Tâmega and Sousa | 577 | 764 | 801 | 613 |
| Douro | 369 | 554 | 714 | 519 |
| Lands of Trás-os-Montes | 609 | 676 | 667 | 567 |
| Total Center | 987 | 898 | 842 | 703 |
| West | 1209 | 1071 | 1028 | 930 |
| Aveiro Region | 1392 | 1026 | 922 | 797 |
| Coimbra Region | 1111 | 937 | 869 | 786 |
| Leiria Region | 957 | 897 | 861 | 750 |
| Viseu Dão Lafões | 660 | 802 | 787 | 600 |
| low edge | 365 | 501 | 653 | 464 |
| Middle Tagus | 599 | 616 | 656 | 544 |
| Beiras and Serra da Estrela | 337 | 573 | 647 | 468 |
| Lisbon Metropolitan Area Total | 1939 | 1624 | 1621 | 1855 |
| Total Alentejo | 636 | 790 | 820 | 653 |
| Alentejo Coast | 1286 | 1135 | 1064 | 1002 |
| Lower Alentejo | 469 | 612 | 711 | 552 |
| Tagus marshland | 744 | 791 | 837 | 767 |
| Upper Alentejo | 336 | 518 | 560 | 422 |
| Central Alentejo | 566 | 797 | 857 | 649 |
| Algarve | 2013 | 1761 | 1622 | 1688 |
| Autonomous Region of the Azores | 944 | 886 | 866 | 772 |
| Madeira Autonomous Region | 1398 | 1422 | 1349 | 1137 |
- The highest price per square meter in any of the typologies is located in the Algarve, except for the T4 typology (1.688€) where it is exceeded by the value of Lisbon (1.855€)
- However, it should be noted that the Lisbon and Porto metropolitan areas have prices above the national average, in practically all types.
- On the other hand, the T0 or T1 typologies, in Beiras and Serra da Estrela (€337), Alto Alentejo (€336), Beira Baixa (€365) and Douro (€369) have a price per square meter well below the national average. , making an eventual choice of these places to live attractive.
- For the T2 typology, Alto Alentejo (€518), Beiras and Serra da Estrela (€573), Beira Baixa (€501) and Douro (€554) have prices per square meter of less than €600.
- In the case of T3 apartments, there is a region, Alto Alentejo (€560), with a price of less than €600 per square meter.
- In the T4 or higher typology, there are several regions with values below €600 per square meter, such as Alto Tâmega (€584), Douro (€519), Beira Baixa (€464), Beiras and Serra da Estrela (€468) , Médio Tejo (€544), Baixo Alentejo (€552) and Alto Alentejo (€422).
The percentage change in house prices by typology, in the various regions
With regard to the price variation that occurred between the 2nd quarter of 2021 and the equivalent of the previous year, the following can be seen:
| Region | T0 or T1 2nd Quarter 2021 | T2 - 2nd Quarter 2021 | T3 - 2nd Quarter 2021 | T4 or more 2nd Quarter 2021 |
|---|---|---|---|---|
| Portugal | 6,5% | 7,3% | 6,3% | 6,4% |
| Continent | 6,5% | 7,1% | 6,3% | 5,8% |
| Total North | 13,0% | 10,2% | 7,6% | 7,9% |
| Alto Minho | -6,7% | 7,0% | 5,3% | 4,4% |
| Dig | 7,1% | 5,0% | 5,6% | 10,5% |
| Poltry | 22,4% | 11,7% | 9,1% | 4,9% |
| Porto Metropolitan Area | 16,7% | 13,1% | 11,6% | 12,4% |
| High Tâmega | 4,0% | -7,7% | -7,0% | 4,1% |
| Tâmega and Sousa | -9,3% | 10,9% | 3,4% | 2,5% |
| Douro | 62,6% | -6,3% | 4,1% | 1,2% |
| Lands of Trás-os-Montes | 9,9% | 2,7% | -5,5% | 4,6% |
| Total Center | -0,5% | 2,7% | 4,2% | 3,1% |
| West | 14,7% | 7,7% | 10,7% | 6,8% |
| Aveiro Region | 18,9% | 4,0% | 7,7% | 5,8% |
| Coimbra Region | 5,1% | -1,4% | 2,2% | -1,8% |
| Leiria Region | -5,8% | 3,3% | 1,7% | -1,1% |
| Viseu Dão Lafões | -9,8% | 0,4% | -0,6% | 5,1% |
| low edge | -13,7% | -16,2% | 3,7% | -3,7% |
| Middle Tagus | -45,3% | 3,9% | 4,1% | 5,8% |
| Beiras and Serra da Estrela | -18,6% | 2,0% | 2,2% | 6,1% |
| Lisbon Metropolitan Area Total | 4,9% | 9,2% | 9,4% | 6,4% |
| Total Alentejo | 7,8% | 6,6% | 4,1% | 6,9% |
| Alentejo Coast | -1,5% | 0,2% | 2,0% | 3,4% |
| Lower Alentejo | 24,4% | 12,9% | 11,1% | 0,2% |
| Tagus marshland | 22,8% | 8,5% | 11,2% | 13,6% |
| Upper Alentejo | 5,0% | 15,9% | 6,5% | 13,1% |
| Central Alentejo | 5,4% | 0,4% | -11,5% | -0,2% |
| Algarve | 10,3% | 5,6% | 3,8% | 9,3% |
| Autonomous Region of the Azores | 13,1% | -4,5% | 1,5% | 10,9% |
| Madeira Autonomous Region | 2,8% | 12,3% | 4,4% | 22,5% |
We emphasize the highest percentage changes.
- In T0 and T1 typologies, in the regions of Douro, Baixo Alentejo, Lezíria do Tejo, Ave, Aveiro and the Porto metropolitan area.
- In the T2 typology, on Ave, Porto metropolitan area, Alto Alentejo, Baixo Alentejo and Madeira.
- In the T3 typology, in Baixo Alentejo, Lezíria do Tejo, Oeste and the Porto metropolitan area.
- In the T4 or higher typology, Alto Alentejo and Lezíria do Tejo, Madeira and the Porto metropolitan area.
Finally, if you want to know in more detail not only the housing price in Portugal, but also the number of houses actually sold and the median price in each area of the cities, just access the interactive map provided by INE.
On this map we can define the area you want, either by parish, block or group of blocks.
See too
- Real Estate Market in Portugal Family Accommodation by Parish
- Buying or renting a house in Portugal, which is the best option
- Progress and Social Development, Evolution in Portugal
- Know the location coefficient for IMI purposes
- Simulate financing for home loans
- Saving electricity, see how
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