Europe · EUR · EU · OECD

    Portugal Housing Market Data

    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%.

    Prices, year on year

    +18.9%

    Nominal, to Q4 2025

    Prices after inflation

    +16.3%

    Real terms, year on year

    Five-year change

    +77.7%

    Nominal index

    Rents, year on year

    +5.2%

    Rent price index

    Quarter on quarter

    +4.0%

    Most recent quarter

    Ten-year change

    +175.2%

    Nominal index

    Price-to-income

    178.8

    OECD index, 2015 = 100

    Price-to-rent

    207.4

    OECD index, 2015 = 100

    House price index since 2000

    Indices rebased so the 2015 average equals 100. Source: BIS.

    Recent quarters in Portugal

    Quarterly house price and rent index values for Portugal
    QuarterNominal indexReal indexRent index
    Q2 2026142.5
    Q1 2026140.8
    Q4 2025280.2225.5138.6
    Q3 2025269.4217.6137.2
    Q2 2025258.8209.0135.5
    Q1 2025247.1203.3134.0
    Q4 2024235.7193.9132.3
    Q3 2024228.9189.7130.5
    Q2 2024220.7182.3129.0
    Q1 2024212.4178.8126.5
    Q4 2023211.3178.3123.4
    Q3 2023208.5176.5121.8

    Portugal housing market questions

    Are house prices rising or falling in Portugal?
    Nominal house prices in Portugal changed +18.9% in the year to Q4 2025. In real terms, after consumer price inflation, the change was +16.3%.
    How much have house prices risen in Portugal over five years?
    The nominal house price index for Portugal is +77.7% compared with five years earlier, and +175.2% compared with ten years earlier.
    Where does this Portugal housing data come from?
    Figures come from BIS Selected Residential Property Prices, Eurostat housing statistics, OECD Analytical House Price Indicators. Every index is rebased so 2015 = 100, which makes countries and sources directly comparable.

    Sources and licensing

    • Sources: National sources, BIS Residential Property Price database, https://www.bis.org/statistics/pp.htm Source page
    • Source: Eurostat (prc_hpi_q, prc_hicp_midx, ilc_lvho07a) Source page
    • Source: OECD Analytical House Price Indicators Source page

    Read how we normalise and compare these series in our methodology, or browse all countries.

    Stay Ahead of Global Property Trends

    Every two weeks we send one email with global property insights, city rankings, and selected partner stories.

    No spam. Unsubscribe anytime. We respect your inbox.