According to fresh figures from the National Statistics Institute (INE), Lisbon still has the most expensive real estate in Portugal despite recording, for the first time since 2016, a year-on-year increase in the average price of housing lower than the national average in the fourth quarter of 2019.

Several Algarve counties (Lagos, Albufeira, Tavira, Lagoa, Faro, Vila Real de Santo António, Aljezur and Silves) all have prices of over 1,500 euros /m2.