Median house price rises by 18.7%

• 31 July, 25

According to the latest Local Housing Price Statistics Report released by Portugal’s National Statistics Institute (INE), the country’s real estate market continued its upward momentum in the first quarter of 2025.

National Median Housing Price Reaches €1,951/m² – Up 18.7% Year-over-Year

The median price of family housing in Portugal rose to €1,951 per square meter in Q1 2025, marking an 18.7% year-over-year increase. This follows a robust 15.5% growth recorded at the end of 2024, indicating sustained market acceleration.

Property Transactions Spike by 24.9% Nationwide

During this period, a total of 40,163 residential property transactions were completed across the country—a 24.9% jump compared to the same quarter in 2024. The sharp increase highlights growing market activity and buyer demand.

Housing Prices Rise Across All 26 Regions – Alto Alentejo Leads with 51.6% Growth

Portugal’s NUTS III regional breakdown (26 subregions including Lisbon, Porto, Algarve, and Madeira) showed a universal increase in housing prices. The most dramatic surge occurred in Alto Alentejo, where prices soared by 51.6% year-over-year.

Top 5 Most Expensive Regions in Portugal (Q1 2025)

The following regions remain the priciest in the country:

• Greater Lisbon
• Algarve
• Madeira Autonomous Region
• Setúbal Peninsula
• Porto Metropolitan Area

These areas not only have the highest price per square meter but also represent hotspots for both domestic and international buyers.

Foreign Buyers Drive High-End Price Growth in Lisbon & Porto

Data shows that foreign investors are significantly influencing price levels in key urban centers:

• In Lisbon, the median price paid by foreign buyers was 52.5% higher than that paid by local buyers.
• In Porto, the difference stood at 32.3%.

This trend illustrates the growing dominance of international demand in the premium real estate segments of Portugal’s major cities.

Cre: theportugalnews