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Where in Portugal can you buy the cheapest (and the most expensive) houses?

Where in Portugal can you buy the cheapest (and the most expensive) houses?

Where in Portugal can you buy the cheapest (and the most expensive) houses?

According to general information, the highest property prices are observed along the country's coastline, while cheaper properties can be found in the inland areas. According to data from the National Institute of Statistics (INE), there are 254 municipalities in Portugal where you can buy a house for an amount below the national median, which is 1,446 euros/m2. This value is calculated based on the houses sold in the country from October 2021 to September 2022. This means that in most municipalities in the country, you can buy a 100 square meter house for less than 145,000 euros, according to the report by Idealista.

The most affordable house prices can be found in the interior regions of the country.

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Figueira de Castelo Rodrigo, in the Guarda district, is the municipality with the lowest average house prices in the entire country, costing only 171 euros/m² in the last 12 months ending in the third quarter of 2022. In other words, a 100 m² house in this municipality could cost around 17,000 euros.

"During the study period, 46 municipalities had median prices above the national cost, primarily located in the Algarve subregion (14 out of 16 municipalities) and the Lisbon metropolitan area (16 out of 18)." In Lisbon (€3,785/m²), Cascais (€3,371/m²), and Oeiras (€2,929), the highest house prices in the country were recorded.

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Link: The number of low-skilled and minor immigrants in Portugal is increasing (or another article on the topic of immigration)

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(Closing phrases addressing the readers, calls to support the portal The Portugal News).

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