How far are the prices of the houses going up?

The average price of the square metre in the houses sold in Portugal at the end of 2024 was 15.5% compared to the same period of the previous year. A conversation with economist Edgar Caetano.

Jerez is among the 35 most demanded Spanish cities to buy a house. Jorge Fernández-Portillo, general secretary of the Provincial Federation of Construction Employers' Groups of Cadiz (FAEC), remembers it in the Jerez forum, a fashion real estate destination organized by lavozdelsur.es. At the second table of the forum, he shares space with Begoña Gómez, manager of Southern Communities and vice president of GICA and API; Jesús Rodríguez, lawyer a…

The average price per square meter of houses sold last year rose 10.3%, reaching 1,777 euros. Funchal is already the sixth most expensive municipality, after the price increased by more than 500 euros per square meter in 2024.

In 2024, 151,784 homes were sold

“As a reference to the 151,784 sales made during the year 2024, the average price of family accommodation in Portugal was 1,777 €/m2, increased by 4.0% relative to the year ended in September 2024 and 10.3% relative to the year 2023” refers to INE. According to the statistical institute, the average price of the accommodation was higher than the national value in the sub-regions of Great Lisbon (2,939 €/m2), Algarve (2,752 €/m2), Autonomous Regi…

House prices in Portugal rose 15.5% in the last quarter of 2024, reaching 1870 euros/m2, the highest variation since 2022.