Portugal real estate market dominated by large homes

• 23 May, 26

The most recent data from the Imovirtual portal, released on 11 May 2026, shows that the real estate market in Portugal is undergoing a structural transformation, with a heavy concentration of medium- and large-sized homes.

Currently, T3 and T4 typologies represent 61.6% of the available supply, while more compact solutions, such as T1 and T2, account for only 14.7% of the market.

This reality makes it difficult for those seeking a first home or living alone to access housing, since the average price of a T1 is €219,000, progressively rising to €650,000 for T5+ typologies.

The analysis shows that large houses are prevalent across both apartments and houses. In apartments, T3S leads with 36.5%, and in houses, T5+S is the majority with 43.6% of the supply.

Geographically, the market remains highly centralised, with the districts of Porto (25.4%) and Lisbon (20.0%) accounting for almost half of the national supply, followed by secondary markets such as Setúbal (10.4%) and Faro (9.6%).

Sales prices

Regarding sales prices, Lisbon continues to have the highest average price in the country, set at €621,000, closely followed by Madeira Island (€590,000) and Faro (€575,000).

Conversely, districts such as Viseu, with an average of €190,000, and Santarém, with an average of €280,000, are the most affordable options.

According to Sylvia Bozzo, Marketing Manager at Imovirtual, the current challenge for the sector lies not only in rising prices, but also in the scarcity of small property types that meet the needs of new family structures and those seeking more compact housing solutions.

Cre: The Portugal News