News

Bank house valuations see jump of 16.5% in prices in March setting new record

House prices in Portugal are continuing to rise in Portugal with the average price per square metre hitting €2,151 per square metre in March according to Portugal’s banks, up €29 on February.

House prices in Portugal increase 12% in March hitting another new record

House prices in Portugal rose 12% in March compared to the same month in 2025. According to the idealista price index, buying a house cost €3,107 per square meter (euros/m2) at the end of March, considering the median value, representing a new historical high, reached for the fifth consecutive month. In quarterly terms, prices increased by 2.9%.

Real estate now captures almost half of foreign investment in Portugal

Foreign investors poured €3.9 billion into Portugal’s property market in 2025 — a 10% increase over 2024 and a new record, according to the Bank of Portugal (BdP).

Portuguese real estate enters a new cycle

The Portuguese real estate market confirmed in 2025 what many investors already felt on the ground: Portugal is no longer a tactical bet to assert itself as a structural strategy. According to the most recent JLL report, commercial investment reached 2.8 billion euros, a growth of 21% compared to the previous year, above the historical average.

House prices in Portugal up 13.1% in January to hit new record

Average house prices in Portugal rose 13.1% in January 2026 compared with 2025, reaching a new record of around €3,047/m², with price gains seen across most regions. This strong performance highlights Portugal’s ongoing real estate market growth, offering attractive investment prospects, especially in cities like Porto, where sustained demand supports price increases and long-term value potential.

What to know about Portugal’s new work-seeking visa and residency pathway rules

Portugal has recently reformed its immigration system by replacing the traditional job-seeker visa with a new skilled work-seeking visa and requiring residency applications to begin in applicants’ home countries. These changes aim to better match immigration with labor market needs and can benefit qualified foreigners looking to live and invest in Portugal, contributing to economic stability that supports the real estate market, especially in cities like Porto.