In February, house prices in the country rose 5.6% compared to the same month in 2024. Buying a house now has a median cost of €2,742 per square metre (euros/m2) at the end of February, according to the idealista price index.

House prices rose in 18 major cities House prices for sale in February rose in 18 district capitals, with Beja (21%), Setúbal (16.9%) and Vila Real (16.6%) leading the list. There was also an increase in house prices in Santarém (15.5%), Évora (15.3%), Bragança (13.1%), Ponta Delgada (12.6%), Leiria (12.2%), Funchal (9.8%), Viseu (9.2%), Coimbra (9.1%), Braga (8.9%), Portalegre (7.7%), Guarda (7%) and Faro (5%), Porto (3.6%), Viana do Castelo (3%) and Castelo Branco (2.8%).

There were two large cities where the cost of housing remained practically stable: Aveiro (0.1%) and Lisbon (-0.4%), according to the same data from idealista.

Lisbon continues to be the city where it is most expensive to buy a house: 5,515 euros/m2. Porto (3,643 euros/m2) and Funchal (3,528 euros/m2) occupy second and third places, respectively. This is followed by Faro (3,069 euros/m2), Setúbal (2,673 euros/m2), Aveiro (2,475 euros/m2), Évora (2,370 euros/m2), Ponta Delgada (2,052 euros/m2), Coimbra (2,033 euros/m2), Braga (1,953 euros/m2), Viana do Castelo (1,934 euros/m2), Leiria (1,624 euros/m2), Viseu (1,559 euros/m2) and Vila Real (1,446 euros/m2).

The most economical cities to buy a house in Portugal are: Guarda (851 euros/m2), Castelo Branco (893 euros/m2), Portalegre (903 euros/m2), Bragança (1,038 euros/m2), Beja (1,104 euros/m2) and Santarém (1,401 euros/m2).