Figures from the Instituto Nacional de Estatística (INE) and Confidencial Imobiliário have confirmed that the Portuguese residential market ended 2025 with significant increases, setting new records for average price per square metre in several segments and regions.
Market Figures
The national average increase stood at over 10% in year-on-year terms in the fourth quarter of 2025. Lisboa and Porto continued to lead in absolute terms, with average prices exceeding €5,000/m² in the most sought-after areas. However, the highest relative increases were recorded in regions that were until recently considered secondary.
Costa de Prata in the Spotlight
The coastal strip between Peniche and Figueira da Foz saw some of the country's most significant year-on-year increases, driven by growing demand from national buyers seeking more space and leaving the major cities, and by a growing number of foreign residents attracted by the region's authenticity and prices that are still lower than in the Algarve.
Outlook for 2026
With the decline in Euribor rates stimulating housing credit and the supply of new construction still limited compared to demand, sector analysts point to a continuation of upward pressure on prices, with moderation expected only in the luxury segments of Lisboa and Porto, where market absorption is starting to slow down.
For those considering buying or selling, the current context continues to favour those who act in an informed manner and with specialist guidance.