en 
According to the latest idealista price index, the prices of homes to buy in Portugal rose 8.4 percent in one year, considering data from September 2021 and the same month last year. Data shows that at the end of September 2021, buying a house had a cost of €2,266 euros per square metre (m2), taking into account the median value.
Highs and lows
Over the past year, property prices have risen in all regions, with the Autonomous Region of Madeira heading up the list with an increase of 17.4 percent. This is followed by the Metropolitan Area of Lisbon (10.1 percent), the Algarve (7.9 percent), the Centre (7.8 percent), the North (7.1 percent), the Alentejo (5.8 percent) and the Autonomous Region of the Azores (4.7 percent).
Over all Lisbon continues to be the priciest place to buy a property in Portugal with property averaging €3,252m2, while the Algarve continues to also be a popular choice, pushing prices up to €2,527m2. The next most expensive area is the North (€1,914m2) followed by the Autonomous Region of Madeira (€1,872m2). At the other end of the scale is the Autonomous Region of the Azores (€1,044 m2), the Alentejo (€1,088m2) and the Centre (€1,168m2), all being the cheapest regions in Portugal.
Price hikes and drops
Of the districts analysed by idealista, the highest increases were seen in Vila Real (19.9 percent), Ilha da Madeira (17.4 percent), Évora (14.7 percent), Setúbal (12.5 percent), Aveiro (12.4 percent), Lisbon (10.2 percent), Leiria (9.5%), Porto (8.4 percent), Faro (7.9 percent) and Santarém (6.6 percent).
There have however, been some areas of Portugal that have seen prices fall over the past year. House prices decreased in Portalegre (-5.9 percent), Bragança (-1.7 percent), Guarda (-1.2 percent) and Ilha do Pico (-1.1 percent).
Originally from the UK, Daisy has been living and working in Portugal for more than 20 years. She has worked in PR, marketing and journalism, and has been the editor of The Portugal News since 2019. Jornalista 7920
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The house boom is for the very wealthy and for passing tourists. Very few Portuguese citizens are able to find decent, affordable housing. Most live in terrible conditions surrounded by cement. Despite all the recommendations of making urban centres more environmentally friendly to habitants, Portugal only builds those horrendous cement constructions without any thought to quality and quality of life. Shame shame shame!
By K from Algarve on 09 Oct 2021, 11:39
Dead right K. This government only interested in Golden Visa moron so the Portuguese live in rundown apartment blocks with low wages. So they can line their own pocks More than shameful words cannot describe it. !!!!!!
By J from Lisbon on 09 Oct 2021, 14:39
So many empty decaying houses in Portugal.
By Ian from Lisbon on 09 Oct 2021, 20:06
I agree fully with K. All our urban green spaces are disappearing, making way to new houses and apartment blocks, new high-end developments for wealthy buyers and investors, some of them sitting empty for most of the year, hidden behind gates and walls. Property prices rising every year, local people being forced to move to the outskirts and villages - the authentic, vibrant Portuguese way of life going with them.
By Annie from Algarve on 09 Oct 2021, 21:35
Yes, that is so true Ian. They are probably waiting to sell to foreigners who will then refurbish those empty houses/flats ( not knowing about all the humidity issues, bad plumbing and zero energy saving issues). Or turn them into places for passing tourists. Lisbon has become desolate and without character because of so much housing turned into AirBNB. Now the Algarve markets for digital nomads. Everyone has a right to housing except Portuguese citizens who cannot afford decent housing.... So sad Portugal doesn't care in the least about its own citizens other than to collect their taxes.
By K from Algarve on 10 Oct 2021, 07:15
If you follow the logic of exceptional investors like George Soros,headlines like this pretty much guarantee only one thing.
The next housing crash is imminent.Why,because people as usual have
massively overleveraged and interest rates are about to rise sharply.
By James from Algarve on 10 Oct 2021, 09:37
So much unjustified bitterness and anger in the comments, reflecting jealousy. So some people have more money than others and can afford a luxury property? Get over it! You don't pull one person up by pulling another one down. Should cars be prohibited on the basis that many people can't afford one? The politics of the lowest common denominator. I'm sure such craziness would go down well with people!
By Billy Bissett from Porto on 11 Oct 2021, 18:39
Billy, you're being ridiculous, the bitterness is perfectly fair and warranted, it's not about jealousy, it's about the Portuguese people being priced out of their own cities, in their own country, so foreigners can take advantage of what the Portuguese built, you might not care but it's a fair concern. I don't want Portugal to experience what places like certain cities in Canada, California and others, experienced, where the local population was forced out of their own cities due to unrestrained real estate speculation, how is that fair? It's disgusting what's happening, if you like Portugal enough that you live there why would you want it changed?
By Rob from USA on 12 Oct 2021, 01:03
It is not "bitterness" Billy - look outside your bubble for a few minutes and see how locals live in Portugal. Housing is horrendous - the worst in the EU, people die of cold in the winter inside their hovels, there is no real rental market for locals as prices are geared towards Northern European standards (while local salaries are the lowest in the EU). In the Algarve (and most of the coast line) it is a constant merry-go-round of short term rentals which are advertised as "annual". Everything is geared towards wealthy foreigners or drifters. What is left for local people? Cement neighbourhoods, no urban planning, tiny hovels with no functional design for living. It is not about jealousy of the rich; it is a question of prioritising quality life for everyone. The rich can have whatever gated/private community they want. Not an issue. However, there should also be available housing for everyone else. Currently there isn't. Nor does the government concern itself with quality of life for Portuguese citizens. These only serve as props or servants of rich foreigners.
By K from Algarve on 12 Oct 2021, 07:02
Agree with Mr. K that the government should take some effective remedies to take care of the pleb. Singapore government showed the world a good example by building quality apartments for the low income workers. By the way, @Mr. J, Moron is a rude word that may dirty your soul. The Golden Visa holders may look unfathomable, as they have to pay Portuguese Government €1500/year just for the Visa. But they also should be treated equally and respected. Actually majority of them are excellent people and have much contribution to the societies, both in their home country and Portugal.
By L from Lisbon on 20 Oct 2021, 05:56