Portugal property investment guide

Prices, price growth and rental yields, region by region

Home prices in Portugal rose 10.2% a year on average from 2016 to 2025, the 2nd fastest of 35 European countries. Renting out on 12-month lets earned a gross yield of 5.0% of the price a year, falling from 7.5% in 2016 to 3.4% in 2025 as prices outpaced rents. A square metre cost €2,076 in 2025.

Updated 2026-10-28 · Data 2015–2026 so far

Price growth
+10.2%
a year, 2016–2025
Rental yield
5.0%
12-month lets, gross, 2016–2025 average
Price per m²
€2,076
2025
Europe rank
2nd of 35
for price growth

Regions of Portugal

2016–2025, sorted by price growth
Grande Lisboa +12.6% 4.6% €3,439 –
Península de Setúbal +12.4% 5.0%* €2,596 –
Norte +10.6% 5.0%* €1,825 8
Algarve +10.6% 5.0%* €3,139 –
Região Autónoma da Madeira +9.7% 5.0%* €2,500 –
Oeste e Vale do Tejo +9.6% 5.0%* €1,547 3
Região Autónoma dos Açores +8.2% 5.0%* €1,426 –
Centro +7.2% 5.0%* €1,203 6
Alentejo +6.4% 5.0%* €1,031 4

Price growth: 2016–2025, compound average per year, in the country's own currency, before inflation. Rental yields: 12-month lets, gross. Price per m²: latest year, from the best published source for each area. * Figure of the larger area: no local data. – no data.

All 30 areas in Portugal

Each with its own prices, growth and yields

Price growth by year

% change on the year before

201520162017201820192020202120222023202420252026

How Portugal compares

Portugal
Price growth+10.2%
Rental yield5.0%
Price per m²€2,076
Spain
Price growth+6.1%
Rental yield6.9%
Price per m²€2,128
Greece
Price growth+6.0%
Rental yield4.9%
Price per m²€1,931
Europe, middle country
Price growth+6.1%

Median of 35 countries with a price index, 2016–2025.

Questions

What is the average property price per m² in Portugal?

€2,076 per m² in 2025, from Statistics Portugal (INE). It ranges from €1,031 in Alentejo to €3,439 in Grande Lisboa.

How much have property prices risen in Portugal?

+10.2% a year on average from 2016 to 2025, and +17.1% in 2026 so far.

What rental yield can you get in Portugal?

5.0% of the price a year on average for 12-month lets in 2016–2025, and 3.4% in 2025. These are gross figures, before costs, fees, empty months and tax.

Which region of Portugal had the highest price growth?

Grande Lisboa, at +12.6% a year from 2016 to 2025, ahead of Península de Setúbal at +12.4%.

Sources

How it's calculated →

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