Portugal real estate market — prices, rental yield and trend
- Average price: $6,957 / m²
- Gross rental yield: 4.29%
- 12-month price change (USD): 14.5%
- Transaction cost: 11.2%
- Price basis: capital average
Portugal is one of the faster-moving markets Glopra tracks: the average residential square metre now costs $6,957, +14.5% in dollar terms over the last twelve months. That makes it the 11th most expensive of the 70 markets in the set.
What a buyer pays in Portugal
The $6,957 figure is an average for the capital: it describes the capital's market, not the country as a whole — most of the country trades well below it. Buying costs — transfer tax or stamp duty, notary, registration and agency — come to about 11.2% of the price here. On a 100 m² apartment at the average price that is roughly $77,918 on top of the $695,700 purchase price. That is above the 9.5% median across the set — the entry cost is part of the investment case here. Inside Portugal we track 2 local markets separately: Lisbon at $6,957 (0% below the national figure) down to Porto at $4,617.
What it earns
Long-term letting returns about 4.3% gross on the purchase price, 56th of 69 markets by gross yield. Measured against local earnings, the price-to-income ratio is 12.8 — that is how many years of an average local income one average home costs, and it says more about who can buy here than any price figure does.
How this figure is built
The price figure for Portugal comes from the source we judge most reliable for this market. It was last refreshed on 2026-07-23. We rate our confidence in this market’s data high: the underlying series is official and current. We recompute every market the same way; a figure that fails our checks is suppressed, not guessed.
Sources: idealista PT jun-26 · idealista.pt · ec.europa.eu · globalpropertyguide.com. Snapshot: 2026-07-23.
Latest Portugal market analysis
- Portugal Licensed Fewer Buildings but 10.8% More Homes in Q2 2026 — 2026-09-13
- Lisbon Prime Rents Rose 7.6% in the First Half of 2026, Behind Only Cape Town — 2026-09-09
- Portugal Completed 31,700 Public Homes Under Its Recovery Plan, Beating a 26,000 Target — 2026-09-03
- Portuguese Asking Prices Held at €3,207 per Square Metre in August as Faro Ran 18.3% Higher — 2026-09-02
- Portugal's New Rental Regimes Take Effect: Tax-Free Rent at 80% of the Local Median — 2026-09-02
- Portuguese Bank Valuations Rose 16.6% in June as Housing Licences Fell 6.9% — 2026-08-31
- Demand for Rented Rooms in Portugal Rose 27% While Supply Fell 11% — 2026-08-25
- Portugal's Land Law Has Produced 27 Rezoning Requests in 19 Months — 2026-08-23
- Porto's Short-Term Rental Cap Bites: One Historic Parish Sits at 39.3% Against a 15% Ceiling — 2026-08-23
- A Pool Adds 68% to a Portuguese Apartment's Asking Price — and 122% in Lisbon — 2026-08-21
- Portugal Ends a 14-Year VAT Dispute: 6% on Rehabilitation Anywhere Inside an ARU — 2026-08-20
- Portuguese Asking Rents Turned Positive in July, Ending Six Months of Decline — 2026-08-11