Europe · EUR
Portugal property market
House prices in Portugal rose 18.9% in the year to Q4 2025, based on BIS data. After inflation, prices gained 16.3% over the same period. Rents changed +5.2% year on year. Over five years the nominal index is +77.7%.
Last updated 28 July 2026
Key metrics
Prices
House Price Growth YoY (Nominal)
3.9%
1 January 2025 · Global Property Search Research
Median Asking Price, 1-Bedroom
€335,060
1 January 2025 · Global Property Search Research
Apartment Price per Square Metre
€6,619 /m²
1 January 2025 · Global Property Search Research
House Price Growth YoY (Real)
1.9%
1 January 2025 · Global Property Search Research
Rents
Median Rent per Square Metre
€26.9 /m²/month
1 January 2025 · Global Property Search Research
Rent Growth YoY
5.1%
1 January 2025 · Global Property Search Research
Yields & Affordability
Price-to-Income Ratio
8.3x
1 January 2025 · Global Property Search Research
Price-to-Rent Ratio
17.9 yrs
1 January 2025 · Global Property Search Research
Gross Rental Yield
5.21%
1 January 2025 · Global Property Search Research
Financing
Average Mortgage Rate
3.79%
1 January 2025 · Global Property Search Research
Taxes & Costs
Effective Rental Income Tax
18.3%
1 January 2025 · Global Property Search Research
Round-Trip Transaction Costs
8.7%
1 January 2025 · Global Property Search Research
Economy
Inflation Rate
2.5%
1 January 2025 · Global Property Search Research
GDP per Capita
€39,284
1 January 2025 · Global Property Search Research
Market analysis
Our market analysis briefing for Portugal is being written by our research desk. In the meantime, the indicators above cover the numbers this section will explain.
Last updated 28 July 2026
Taxes & costs
Our taxes & costs briefing for Portugal is being written by our research desk. In the meantime, the indicators above cover the numbers this section will explain.
Last updated 28 July 2026
Buying guide
Our buying guide briefing for Portugal is being written by our research desk. In the meantime, the indicators above cover the numbers this section will explain.
Last updated 28 July 2026
Rental law
Our rental law briefing for Portugal is being written by our research desk. In the meantime, the indicators above cover the numbers this section will explain.
Last updated 28 July 2026
Economy
Our economy briefing for Portugal is being written by our research desk. In the meantime, the indicators above cover the numbers this section will explain.
Last updated 28 July 2026
Featured cities in Portugal
Go one level deeper: local price levels, rental demand and neighbourhood-by-neighbourhood guides for the main Portugal property markets.
Sources & methodology
Read our full methodology or compare Portugal with other markets.
Portugal property FAQs
What is the average rental yield in Portugal?
Gross rental yields in Portugal average 5.21% as of 1 January 2025.
Are house prices rising in Portugal?
Nominal house prices in Portugal changed +18.9% over the last year.
What does it cost to buy property in Portugal?
Round-trip transaction costs in Portugal run at about 8.7% of the purchase price, covering transfer tax, notary, registration and agency fees.
What are typical mortgage rates in Portugal?
The representative residential mortgage rate in Portugal is 3.79% as of 1 January 2025, based on central bank and official lending statistics.
Can foreigners buy property in Portugal?
Foreign-buyer rules in Portugal are covered in our buying guide section above, alongside transaction costs, taxes and the registration process.
Where does this Portugal property data come from?
Figures for Portugal are compiled from Global Property Search Research and were last updated 28 July 2026.
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