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Portugal’s housing market, and the laws that shape it

Each month: what moved in prices across Portugal’s municipalities, and every housing initiative Parliament puts to a vote.

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  1. Homes built

    Homes built in Portugal in 2025

    Portugal finished 30,425 homes in 2025 (+8.7% on a year earlier) and licensed 42,066. That is 3.2 times the 2015 low and 23% of the 2002 peak.

  2. People and homes

    People and new homes by municipality, 2023–2025

    Portugal’s population grew by 494,327 over 2023–2025 while 84,003 homes were finished: 5.9 new residents for every new home.

  3. Portugal and the EU

    House prices in Portugal and the EU: second quarter of 2026

    House prices in Portugal rose 16.5% in the year to the second quarter of 2026, against +4.7% across the EU: the highest of the 26 member states with figures.

  4. Public works

    Public housing works in Portugal: third quarter of 2026

    Public bodies signed 200 contracts for housing works in the third quarter of 2026, worth €43.2m, against €199.8m in the same quarter of 2025.

  5. Price ranking

    House prices by municipality in Portugal: September 2026

    Lisboa was Portugal’s dearest municipality in September 2026 at €6,256/m² asked, and Pinhel the cheapest at €456/m². Prices rose fastest in Tondela.

  6. Market digest

    Portugal’s housing market in September 2026

    In Portugal as a whole, asking prices changed +7.9% on a year earlier in September 2026, against +7.5% the month before.

  7. Parliament roundup

    Housing in Parliament: September 2026

    21 housing initiatives put to a vote and 19 new ones in September 2026.

  8. Parliament

    Bill 712/XVII approved in the general vote

    IL’s bill clarifying the capital-gains tax exemption on selling your own home, for homes partly used for work or let and for reinvesting in ruins and renovation, passed its general vote on October 16, 2026.

  9. Parliament

    Bill 793/XVII approved in the general vote

    Livre’s bill exempting from income tax the gain on selling your home when it is reinvested in a collectively owned housing cooperative passed its general vote on October 16, 2026.