The pulse of real estate, market insights & living in Portugal
The Most Affordable Places to Buy Property in Lisbon and Porto
In the 12 months ending June 2025, the median price of homes sold in Lisbon was €4,525/m² (up 7.7 %), while in Porto it was €3,060/m² (up 2.3 %). The most affordable parish in Lisbon was Santa Clara at €3,450/m², and in Porto the parish of Campanhã offered the lowest cost at €2,819/m².
Rental Prices Increase in Key Portuguese Cities
In October 2025, rental prices rose by 5.7% year-on-year in Portugal. Major cities saw higher levels, with Lisbon at €22.8/m², Porto at €18.3/m², and Faro at €15.8/m². Overall, rental demand continues to drive price growth across the country.
How Much Have Properties in Portugal Increased By?
According to the idealista price index, house-prices for sale in Portugal rose by 8.7% in October 2025 compared to October 2024, reaching a median of €2,970 per m². The report also highlights standout yearly increases in certain districts: Beja (+30.6%), Santarém (+27.8%) and Portalegre (+24.1%).
American buyers flock to Portugal: US expat numbers surge 36% in a year
The number of American citizens living in Portugal jumped from 14,129 in 2023 to 19,258 in 2024 — a 36 % increase in one year. Growing US interest is attributed to Portugal’s attractive lifestyle, strong real-estate market and easier travel routes to the US.
Housing valuations rise 17.7%
In September 2025, the median value of housing valuations in Portugal reached €1,995 per square metre, marking a 17.7% increase compared to the same month in 2024. This growth reflects continued strength in the real estate market, with a 4.2% rise in the number of bank valuations compared to August 2025. The Setúbal Peninsula experienced the most significant year-on-year increase at 25.9%.
World Travel Awards: Portugal voted 'Best Destination in Europe' for 2025
Portugal has been named "Best Destination in Europe" at the 2025 World Travel Awards, reclaiming the title it lost to Greece the previous year. This recognition highlights the country's sustained excellence in tourism, with Lisbon, Porto, and Madeira also receiving accolades in their respective categories.