The latest Imovirtual Barometer, produced by the property portal specialising in the housing market and published in May 2026, put the average asking price of a home in Portugal at €430,500. This figure covers all types of property, both new and existing, and is beyond the reach of a large part of the population.
A quick search on a property portal or a walk past estate agents' windows is enough to see how far house prices in Portugal have risen. But is it no longer possible to buy cheaper homes? The answer depends on several factors, the first being the lack of properties available.
