Real estate prices in Portugal are among the fastest growing in all of Europe: the price per square meter is growing on average by 2% every quarter!
Buying property in Portugal - you get a very liquid asset!
The dynamics of prices for Portuguese real estate is ahead of the dynamics of the EU as a whole. Since 2010, the cost of housing in Portugal has increased by 75%, and in the European Union - by 48%.
The price per square meter strongly depends on the region of Portugal: the most expensive housing is located in large cities - Lisbon and Porto, as well as in the resorts of the country.
The average cost per square meter of housing in Portugal as of December 2022 is 2415 euros.
Average cost per square meter by region:
Lisbon €3,812 (+4% compared to 2021)
Faro €2,981 (+16% compared to 2021)
Porto €2,382 (+5% compared to 2021)
Madeira €2,312 (+23% compared to 2021)