Buying a house in Portugal €70,000 more expensive in 2025
The average price of a house in Portugal rose substantially from 2024 to 2025 according to the annual barometer from Imovirtual with an average increase of 20% or €70,000.
In 2024 it says that the average house in Portugal cost €350,000 but in 2025 that figure jumped up to €420,000, an increase of over 20%.
Imovirtual adds that throughout 2025 Portugal’s housing market gained in value despite registering “distinct behaviors” between the purchase and rental markets.
“Buying a house has become substantially more expensive, while renting has grown more moderately nationwide, but with significant increases in several territories outside the main urban centers,” reads the note released on Monday.
Imovirtual highlights that in the sales segment, the average advertised price went from €350,000 in 2024 to €420,000 in 2025, which represents an annual growth of +20%, corresponding to an increase of about 70,000 euros: “This increase was transversal to a large part of the country and reflects the combination of scarcity of supply, persistent demand and structural appreciation of several regional markets”.
In rentals, the national average value rose from €1,250 to €1,300, translating into a more moderate increase of +4% (+€50 compared to 2024). Despite this moderate variation in the national aggregate, the data reveals relevant shifts in market pressure, with sharper increases in districts that historically had more affordable rents.
