According to idealista, housing in Portugal continues to become more expensive, but at a slower rate.

The most recent data from idealista reveals that house prices in Portugal remained practically stable (0.5%) in April compared to the previous month, with the median housing cost standing at 2,622 euros per square meter ( euros/m2) at the end of April.

However, what stands out is that houses for sale became more expensive again in 15 district capitals, between March and April, with Portalegre leading the price rise (6%), reveals the idealista price index. In relation to the annual variation, house prices in Portugal rose 5.8%.

District capitals property prices on the rise

Prices of houses to buy in April rose compared to the previous month in 15 of the 20 district capitals with representative samples, with Portalegre (6%), Bragança (4.7%), and Évora (3.6%) leading the list. Next are Viseu (3.3%), Vila Real (2.4%), Leiria (2.3%), Braga (2.3%), Setúbal (2.1%), Santarém (1.9% ), Ponta Delgada (1.8%), Funchal (1.4%), Beja (1%), Viana do Castelo (0.9%), Aveiro (0.6%) and Porto (0.6%) .

In Coimbra (0.4%), Lisbon (0.3%), Faro (-0.1%), and Castelo Branco (-0.5%), the prices of houses for sale remained practically stable during this period. On the other hand, houses to buy became cheaper in Guarda (-1.2%).

Lisbon continues to be the city where it is most expensive to buy a house: 5,585 euros/m2. Porto (3,566 euros/m2) and Funchal (3,304 euros/m2) occupy second and third place, respectively. This is followed by Faro (2,922 euros/m2), Aveiro (2,510 euros/m2), Setúbal (2,348 euros/m2), Évora (2,164 euros/m2), Viana do Castelo (1,902 euros/m2), Coimbra (1,876 euros/m2), m2), Braga (1,834 euros/m2), Ponta Delgada (1,820 euros/m2), Viseu (1,502 euros/m2) and Leiria (1,489 euros/m2).

The most economical cities to purchase a home are Guarda (764 euros/m2), Portalegre (848 euros/m2), Castelo Branco (891 euros/m2), Beja (917 euros/m2), Bragança (975 euros/m2) and Santarém (1,222 euros/m2).