According to Property Market-Index, median bank valuations reached €2,025 per square metre in October, up 17.9 percent compared with the same month last year. This follows a solid performance at the end of 2025 and highlights Portugal’s resilience, even as many other European markets face stagnation or decline.

Prices rose nationwide, with no monthly or annual declines reported. The Setúbal Peninsula led the way with a remarkable 26.7 percent annual increase, while the North Region recorded the highest month-on-month growth at 2.5 percent. Lisbon, Porto, and the Algarve also continued to see strong activity, fuelled by steady interest from both local and international buyers.

Portugal remains a favourite destination for global real estate investors thanks to the Mediterranean climate, beautiful beaches, charming cities, relaxed pace of life, and favourable programs for foreign buyers. Another reason is safety, as Portugal is considered one of the safest countries in Europe.

A new report from global luxury real estate research firm Property Market-Index highlights Portugal’s strong performance in its latest Portugal’s Property Hotspots 2024–25. The market is expected to continue growing in 2026.