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Almodôvar · report

Past price cycles in Almodôvar

Asking prices have fallen by 3% or more 3 times since 2021. The deepest began in August 2023.

Deepest fall
−24.3%
Recovery from the low
18 months

Prices in Almodôvar and Portugal, indexed

Asking prices, both set to 100 in April 2021.

  • Almodôvar
  • Portugal
  • 100 = April 2021
Show the numbers
PeriodAlmodôvarPortugal
Aug 2026189.0152.9
Jul 2026189.0153.1
Jun 2026177.9153.1
May 2026166.9152.5
Apr 2026156.0152.5
Mar 2026144.9151.4
Feb 2026134.0149.8
Jan 2026130.6148.4
Dec 2025132.4146.9
Nov 2025138.0146.1
Oct 2025135.6144.2
Sep 2025141.2142.7
Aug 2025140.2142.3
Jul 2025139.9141.7
Jun 2025139.5140.1
May 2025142.1137.9
Apr 2025137.4136.7
Mar 2025132.5135.1
Feb 2025127.8133.3
Jan 2025123.1131.3
Dec 2024120.6129.7
Nov 2024116.2127.7
Oct 2024113.7126.4
Sep 2024108.5125.7
Aug 2024113.4125.2
Jul 2024118.3125.1
Jun 2024117.4124.1
May 2024115.3123.4
Apr 2024120.9121.6
Mar 2024124.4120.7
Feb 2024121.4119.8
Jan 2024124.2119.1
Dec 2023127.0117.6
Nov 2023130.3116.6
Oct 2023133.7114.8
Sep 2023142.4114.0
Aug 2023143.3113.7
Jul 2023136.7114.1
Jun 2023135.2114.0
May 2023133.7113.0
Apr 2023129.5112.5
Mar 2023125.9111.4
Feb 2023122.7110.9
Jan 2023125.0110.2
Dec 2022123.7109.6
Nov 2022122.4109.4
Oct 2022120.9107.7
Sep 2022119.6107.1
Aug 2022118.0106.9
Jul 2022116.5106.8
Jun 2022117.7106.7
May 2022118.6106.6
Apr 2022111.6106.0
Mar 2022112.2106.1
Feb 2022112.1105.6
Jan 2022114.0105.1
Dec 2021120.2105.0
Nov 2021121.6104.7
Oct 2021117.5104.1
Sep 2021113.3102.9
Aug 2021109.1102.4
Jul 2021103.5102.1
Jun 202199.1101.1
May 2021103.7100.5
Apr 2021100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
May 2021June 2021−4.4%12
November 2021April 2022−8.2%57
August 2023September 2024−24.3%1318

Portugal against the EU since 2015

Eurostat's house price index for all dwellings, 2015 = 100. National figures, comparable across member states.

  • Portugal
  • EU
  • 2015 = 100
Show the numbers
PeriodPortugalEU
Q2 2026301.4168.6
Q1 2026291.0166.5
Q4 2025280.2164.6
Q3 2025269.4163.5
Q2 2025258.8161.0
Q1 2025247.1158.5
Q4 2024235.7156.2
Q3 2024228.9155.1
Q2 2024220.7152.7
Q1 2024212.5149.8
Q4 2023211.3148.9
Q3 2023208.5149.1
Q2 2023204.7148.2
Q1 2023198.6147.6
Q4 2022195.9148.7
Q3 2022193.8150.9
Q2 2022188.3149.6
Q1 2022182.6146.2
Q4 2021176.0143.2
Q3 2021171.3140.2
Q2 2021166.4136.0
Q1 2021161.7132.1
Q4 2020157.7129.8
Q3 2020153.6128.1
Q2 2020154.3126.3
Q1 2020151.7124.4
Q4 2019146.1122.7
Q3 2019143.7121.5
Q2 2019140.7119.8
Q1 2019137.1117.6
Q4 2018132.3116.8
Q3 2018129.7115.9
Q2 2018128.5114.2
Q1 2018125.6112.3
Q4 2017121.1111.2
Q3 2017119.6110.4
Q2 2017115.5108.8
Q1 2017111.9106.9
Q4 2016109.6106.1
Q3 2016108.3105.4
Q2 2016106.9103.8
Q1 2016103.7102.0
Q4 2015101.8101.1
Q3 2015100.7100.8
Q2 2015100.699.8
Q1 201596.998.3

Bank valuations go back to 2011, so they include the fall after the euro crisis; asking prices start in 2015. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for Almodôvar

Next 12 months

Asking prices have an 80% chance of landing between €1,891/m² and €2,536/m² by August 2027.

Expected, August 2027
€2,213/m²
Chance of a rise
100%

Affordability

At the median sale price, a 90 m² home costs €96,930. With 10% down and a 30-year mortgage, the payment is €368 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
15%
Payment, one income
31%

Buy or rent

Owning a 90 m² home costs less each month than renting it. Owning counts interest, running costs and the return the deposit could earn, at the median sale price. Repaying the loan is saving, so it is left out.

Rent per month
€474
Owning per month
€340

New homes

20.2% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
11
Per 1,000 residents
1.6

Foreign buyers

Figures for Baixo Alentejo: Almodôvar has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 5.6% less per m² than buyers living in Portugal.

Abroad against residents
−5.6%

People and new homes

In 2025 the population fell by 1 while 13 homes were finished.

Homes finished, 2025
13
Population change, 2025
−1

Empty homes

15.3% of the 5,579 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
15.3%
Empty homes
856

Renovation

In 2025, 0% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
0%
Reconstructions per 100 new buildings
0.0

Public housing works

Public bodies signed €65.8K of housing works here in 2024, and €87.7K since 2012.

Signed in 2024
€65.8K
Per resident, 2024
€9

Data: INE, ECB and others · updated October 27, 2026

Asking prices and bank valuations are not sale prices. This is a description of public data, not financial advice.

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