Where is the cheapest place to buy property in Portugal?

Where is the cheapest place to buy property in Portugal?
October 1, 2025

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Where is the cheapest place to buy property in Portugal?

House prices for purchase in September rose in the 19 district capitals (or autonomous regions) analysed, with Beja (33.9%), Santarém (26.7%), and Guarda (20.5%) registering the largest annual increases.

The list of major cities with the highest housing cost increases continues with Setúbal (19.6%), Coimbra (13.2%), Faro (11.8%), Funchal (11.7%), Viana do Castelo (11.2%), Braga (10.4%), Évora (9.0%), Castelo Branco (9.0%), Ponta Delgada (8.8%), Leiria (8.2%), Vila Real (7.1%), Viseu (6.2%), Bragança (4.6%), Porto (4.3%), Aveiro (3.7%), and Lisbon (2.7%).

Most expensive

Lisbon remains the city where it is most expensive to buy a home: €5,824/m2. Funchal (€3,879/m2) and Porto (€3,826/m2) occupy second and third places, respectively. Next come Faro (€3,374/m2), Setúbal (€2,961/m2), Aveiro (€2,652/m2), Évora (€2,430/m2), Ponta Delgada (€2,246/m2), Coimbra (€2,237/m2), Braga (€2,127/m2), and Viana do Castelo (€2,093/m2).

With homes for sale costing less than €2,000 per square meter, cities such as Leiria (€1,694/m2), Viseu (€1,616/m2), Santarém (€1,597/m2), Vila Real (€1,412/m2), and Beja (€1,338/m2) are also in third place.

The cheapest cities to buy a house in Portugal are: Bragança (€1,063/m2), Guarda (€983/m2), and Castelo Branco (€965/m2).

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