House price in Portugal rose 8.3% in 2021
- 11 January, 22
House prices continue to rise in Lisbon (6.7%) and Porto (2.2%).
Throughout 2021, house prices have risen in all regions. The Region of Madeira leads the list with an increase of around 13.6%, being the largest increase at the national level. It is followed by the Metropolitan Area of Lisbon (10.9%), the Algarve (9.9%), the Alentejo (8.3%), the Center (7.4%), the North (5.2%) and the Region of the Azores (4.8%).
The Metropolitan Area of Lisbon, with 3,346 euros/m2, continues to be the most expensive region, followed by the Algarve (2,602 euros/m2), the North (1,929 euros/m2) and Region of Madeira (1,905 euros/m2). On the opposite side ,areas with lowest price are Region of Azores (1,047 euros/m2), the Alentejo (1,109 euros/m2) and the Center (1,187 euros/m2).
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