Where is the cheapest real estate in Portugal?
The municipality of Penedono, in the district of Viseu, is the cheapest place to buy property in Portugal, with average prices of 305 euros/m2 – a value almost eight times lower than the national average.
Is there a housing bubble in Portugal?
Bloomberg has identified two factors that indicate a real estate bubble in Portugal: house prices are 56% higher than rents and almost 47% higher than household income. Considering the most recent quarterly data, the real price of houses in Portugal increased by 11.6% and the nominal price by 9.4%.
Is it a good time to buy property in Portugal?
Buying property in Portugal in 2022
In general, and when it comes to buying a house in Portugal, most real estate experts believe that, despite the current circumstances, now is is a good time.