You house prices for sale in Portugal rose 7.4% between June 2021 and the same month last year, according to the most recent price index by idealista. However, this annual growth it was not homogeneous in all types and geographical areas of the country. After all, which types became more expensive? And where?
You three bedroom apartments (Q3) were the ones that registered the biggest increase in their prices: they rose 9.6% in the last year. Here are the four bedroom apartments (Q4) or more, with an increase of 7.8%. You one bedroom apartments (Q1) recorded an increase of 7.7% and the studios an increase of 7.6%. already in the houses, the price rise was slightly smaller – by 7.2%. But less accentuated evolution was even verified in the two bedroom apartments (Q2), where the increase was 6.6%.
Lisbon: prices rose in all typologies in the district
On city of lisbon, prices did not increase in all typologies. Q4 or more registered a decline of 1.3%, followed by a 0.2% decline in Q3 prices. On the other hand, it was us T1 where there was a higher price increase (9.4%), followed by studios (6.9%), T2 (3.3%) and housing, with an increase of 1.5%.
already in the district of Lisbon, all typologies have gone up in price. The biggest increase recorded was in Q1, where prices rose 11.2%. These are followed by housing (10.4%), studios (9.1%), T4 or more (5.2%), T3 (3.5%) and T2 (0.5%).
In Porto there were no descents
On Porto city, T2 was the typology that most increased in price, with an increase of 8.5%. Following this upward trend in the city are housing (8.3%), T3 (5.5%), studios (2.7%), T4 or more (2.4%) and T1 (0.9%).
As in the city, in the district of Porto no typology showed price decreases in this period. The biggest increase registered in the district was in T3, where it is 11.9% more expensive to buy. Next are T2 (10.4%), houses (9.7%), T4 or more (8.1%), studios (4.9%) and finally T1 (3.2% ).
Rankings by typology
It was in the district of Setúbal where the houses saw a greater increase in prices: they rose 16.4% in the last twelve months. This is followed by Madeira Island (15.5%) and the districts of Vila Real (11.9%) and Braga (11.3%). Only three districts saw housing prices go down, with the biggest fall registered in Portalegre (-3.3%), followed by Coimbra (-1.6%) and Bragança (-0.1%). In relation to cities, it was in Viseu where housing prices rose the most in the country, with an increase of 25.4% in the last year. This is followed by Aveiro (22.1%), Setúbal (18.5%) and Castelo Branco (17%). In Bragança, housing prices fell by 8.6%, the biggest drop in the country, followed by Beja and Santarém (-0.9% in both cities).
You studios recorded their highest price rises in the district of Bragança (25%), in Ilha da Madeira (17.3%), in the districts of Santarém (13.6%), Lisbon (9.1%), Porto (4, 9%) and Faro (4.1%). At biggest descents presented were in the districts of Viana do Castelo (-23.8%), Guarda (-21.2%), Beja (-20.8%), Leiria (-16.4%) and Castelo Branco (-11.6 %). In relation to cities, the biggest increases in studio prices were registered in Setúbal (22.6%), Bragança (21.2%) and Faro (13.7%). The biggest falls in prices were found in Santarém (-28.8%), Castelo Branco (-26.8%) and Guarda (-23.9%).
No national market two apartments T1, the increase in the prices of houses to buy located in the districts of Vila Real (24.4%), Coimbra (19.9%), Guarda (19.6%) and Aveiro (18%) stands out. Portalegre (-17.5%) was the district where the T1 more went down in price, followed by the districts of Évora (-14%) and Beja (-6.1%). In relation to cities, it was Leiria (30.6%) where prices rose the most, followed by Setúbal (29.6%), Santarém (15.2%) and Viana do Castelo (10.7%). In the opposite direction, they decreased in Évora (-26.5%), Castelo Branco (-25.4%) and Guarda (-18.1%).
It was in the district of Aveiro where the 2 bedroom apartments showed a higher price rise: 20.8%. This is followed by the districts of Vila Real (18.1%), Braga (13.7%), Ilha da Madeira (13.6%), districts of Coimbra (11.9%) and Porto (10.4%) . On the other hand, the T2 price just went down in the districts of Bragança (-6.4%) and Portalegre (-3%). Analyzing by cities, Aveiro was also where the T2 prices increased the most (16.7%), followed by Setúbal (15.1%) and Viana do Castelo (13.7%). In Bragança, however, they fell by 15.8%, with the biggest drop in terms of cities. This is followed by Ponta Delgada (-7.4%) and Santarém (-0.2%).
In none of the analyzed districts was registered a decrease in the prices of the apartments of typology T3. The biggest rise was in the district of Coimbra (13.9%), followed by the districts of Vila Real (12.2%), Porto (11.9%), Braga (11.8%) and Ilha da Madeira (11. .4%). Already in the analysis by cities there are both ups and downs in house prices. The biggest increases were registered in Coimbra (25.2%), Viseu (17.9%) and Aveiro (17.6%). Decreases in prices were verified in only three cities: Bragança (-7.7%), Ponta Delgada (-4.9%) and Lisbon (-0.2%).
Finally, the larger apartments, those of typology T4 or more, presented the biggest price increases in Madeira Island (21.9%), in the districts of Setúbal (17.7%), Braga (11%) and Porto (8.1%). There was only one district that saw prices for T4 or more falling in this period: Portalegre which recorded a variation of -5.6%. Analyzing by cities, it is in Setúbal that prices increased the most in this typology, 20.7%. It is followed by Viseu (20.2%), Funchal (16.5%) and Castelo Branco (15.4%). In the opposite direction, they decreased in Ponta Delgada (-7.2%), Guarda (-1.9%) and Lisbon (-1.3%).