Properties by the sea – where are the cheapest locations in Portugal?

  • 8 August, 22

Looking at the 54 municipalities that make up the Portuguese coast, idealista found that houses became more expensive in 48 locations near the sea between May 2021 and May 2022 (+71%), with a house costing, on average, 465,284 euros in May. In the Top 3 of the biggest increases are Grândola, in Alentejo, (+53.8%) and Lagos, in Algarve (+44.1%).

The most expensive place to buy a home by the sea is Cascais, where a house costs, on average, 892,485 euros in May 2022. Next is Grândola (872,644 euros) and Loulé (721,628 euros).

However not all locations in Portugal have such a heavy price tag. The cheapest place to buy a house on the coast in Portugal is according to idelaista, Porto de Mós, where buying a house costs, on average, 119,056 euros. This is followed Marinha Grande (157,315 euros); Cantanhede (161,198 euros); Figueira da Foz (179,599 euros)and Santiago do Cacém (194,703 euros).

Cre: Portugalnews

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