ERA Portugal released this Friday, October 10th, a comprehensive analysis on the evolution of the average property price in all districts of the country between 2021 and 2025. The study reveals a significant increase in prices, with highlighting the metropolitan and tourist areas, which reached records.
Among the regions that gained the most value, Madeira leads with an impressive growth of 73%, reaching an average price of 281,824 euros in 2025driven by residential tourism and foreign investment, especially in Funchal and Caniço.
Setúbal continues to appreciate by 60%, with an average price of 246,987 euros, while Lisbon presents an increase of 54%, with a ticket average of 383,128 euros. Other regions with notable growth include Viana do Castelo (+55%) and Faro (+45%), both benefiting from tourist investment and the demand for second homes.
In 2025, the Districts with average prices above 200,000 euros include Lisbon, Madeira, Faro, Setúbal, Azores, Beja, Porto and Braga. In contrast, in 2021, only Lisbon exceeded this threshold.
However, some regions showed slower growth or even a decrease in prices. Viseu, for example, recorded a 3% drop, reflecting lower demand pressure and greater sensitivity to credit. Guarda showed a modest increase of just 5%, while Vila Real (+10%) and Castelo Branco (+19%) demonstrated moderate growth, but with the potential to attract new buyers, such as young families looking for housing in the interior.
Rui Torgal, CEO of ERA Portugal, highlights, in the statement shared by the real estate agency, that in the last four years the ticket national average rose around 40%, following the historical trend of appreciation of the Portuguese real estate market.
For the administrator of ERA Portugal, the shortage of supply is a critical factor, with only half as many homes built in the last decade compared to the previous one.
“It is vital to build more, rehabilitate more, speed up processes, reduce the tax burden, create an entire context that is favorable to the creation of such an offer that will allow the market to self-regulate the price of housing in our country”, he concludes.