According to the idealista price index: the median price of houses for sale in the country rose 7.8% in November compared to the same month of 2024, settling at €3,000 per square meter (euros/m2), a new historical maximum. In relation to the quarterly variation, house prices grew by 1.6%.
In November, house prices for sale rose in practically all 18 district capitals or autonomous regions. The only exception was Vila Real, which registered an annual decrease (-1.6%).
The major cities where housing costs increased were: Santarém (27.2%), Beja (26.6%), Portalegre (23.6%), Setúbal (17%), Guarda (15.8%), Viana do Castelo (13.8%), Ponta Delgada (11.1%), Funchal (10.2%), Évora (9.9%), Coimbra (9.8%), Aveiro (9.5%), Viseu (9.1%), Braga (8.7%), Leiria (8.5%), Faro (6.1%), Porto (5.8%) and Lisbon (4.0%).
Most expensive
Lisbon remains the city where it is most expensive to buy a house, reaching €5,914/m2, followed by Porto (€3,908/m2) and Funchal (€3,864/m2). Faro (€3,400/m2) and Setúbal (€2,957/m2) appear in fourth and fifth place, respectively. Next on the list are Aveiro (€2,740/m2), Évora (€2,567/m2), Ponta Delgada (€2,374/m2), Coimbra (€2,267/m2), Braga (€2,133/m2), and Viana do Castelo (€2,112/m2).
Affordable houses
At the bottom of the list, with the most affordable house prices, are large cities such as Leiria (€1,746/m2), Viseu (€1,705/m2), Santarém (€1,698/m2), Vila Real (€1,343/m2), Beja (€1,321/m2), Portalegre (€1,020/m2), and finally, Guarda (€981/m2).













Where are all those economic geniuses now who said that Golden Visa property purchasers were the reason for the problem. Of course, now they will find another brilliant explanation that changes policy but doesn't resolve the problem. Ignorant populist opinions that just causes more problems than they fix.
By Jo Walker from Lisbon on 02 Dec 2025, 22:57
Actually, this type of news invites speculation. People, driven by FOMO, drive up prices with every media report of this kind. I think that rather than foreign investors getting involved, the media itself needs to be intervened. Of the five properties I follow on the Idealista website, four increased in price today. I don't think this can be a coincidence.
By Ramiz Polat from Lisbon on 03 Dec 2025, 09:17