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Aveiro · report

Past price cycles in Aveiro

Bank valuations have fallen by 3% or more 10 times since 2011. The deepest began in April 2011.

Deepest fall
−23.4%
Recovery from the low
40 months

Prices in Aveiro and Portugal, indexed

Bank valuations, both set to 100 in January 2011.

  • Aveiro
  • Portugal
  • 100 = January 2011
Show the numbers
PeriodAveiroPortugal
Sep 2026234.6259.7
Aug 2026229.8257.0
Jul 2026225.8255.4
Jun 2026225.8254.0
May 2026225.2251.8
Apr 2026229.4247.9
Mar 2026229.8245.3
Feb 2026218.6242.0
Jan 2026215.1240.0
Dec 2025216.8237.3
Nov 2025216.9234.9
Oct 2025220.6230.9
Sep 2025208.8227.5
Aug 2025204.7224.1
Jul 2025201.1221.8
Jun 2025207.5217.9
May 2025201.1215.1
Apr 2025201.1212.8
Mar 2025197.1210.6
Feb 2025187.7206.4
Jan 2025182.0202.3
Dec 2024187.5199.2
Nov 2024185.7198.4
Oct 2024184.8196.2
Sep 2024174.3193.3
Aug 2024172.4189.7
Jul 2024168.8186.8
Jun 2024171.8184.5
May 2024179.2183.6
Apr 2024178.2182.0
Mar 2024171.4180.2
Feb 2024156.3177.9
Jan 2024154.2176.7
Dec 2023158.9175.1
Nov 2023160.9174.5
Oct 2023167.3175.1
Sep 2023169.3175.7
Aug 2023165.1175.4
Jul 2023157.3173.9
Jun 2023153.2173.1
May 2023152.5172.2
Apr 2023154.8170.0
Mar 2023158.9169.1
Feb 2023163.9168.5
Jan 2023165.8169.3
Dec 2022166.0166.2
Nov 2022161.1165.2
Oct 2022157.3161.9
Sep 2022154.5162.9
Aug 2022160.9161.2
Jul 2022159.1161.6
Jun 2022160.6160.4
May 2022155.5157.4
Apr 2022150.0154.6
Mar 2022140.4151.8
Feb 2022139.2149.8
Jan 2022136.6147.3
Dec 2021138.6146.5
Nov 2021138.0145.0
Oct 2021136.5142.6
Sep 2021135.6140.9
Aug 2021128.2139.2
Jul 2021129.3139.2
Jun 2021129.7138.5
May 2021132.4138.2
Apr 2021134.0136.8
Mar 2021130.7135.3
Feb 2021126.8133.9
Jan 2021124.1133.4
Dec 2020117.7131.8
Nov 2020118.2130.4
Oct 2020122.1129.0
Sep 2020127.3128.6
Aug 2020127.6128.6
Jul 2020122.7128.5
Jun 2020125.1127.6
May 2020122.3127.0
Apr 2020118.9126.7
Mar 2020110.5126.6
Feb 2020113.5126.7
Jan 2020115.0125.8
Dec 2019118.9124.4
Nov 2019114.1122.7
Oct 2019112.8121.9
Sep 2019111.8121.6
Aug 2019111.4120.2
Jul 2019109.0119.0
Jun 2019107.4117.4
May 2019104.6116.6
Apr 2019108.3115.7
Mar 2019109.7114.7
Feb 2019108.8114.0
Jan 2019106.2112.1
Dec 2018109.1111.4
Nov 2018106.2110.4
Oct 2018107.3110.3
Sep 2018100.1109.4
Aug 2018101.0108.4
Jul 2018101.0107.3
Jun 2018103.0106.3
May 2018103.0105.9
Apr 2018100.8105.4
Mar 201898.1104.9
Feb 201897.0103.9
Jan 201893.0102.9
Dec 201792.8101.6
Nov 201794.6101.4
Oct 201797.4101.0
Sep 201797.0100.5
Aug 201793.799.0
Jul 201790.098.2
Jun 201792.598.1
May 201791.397.7
Apr 201793.897.4
Mar 201792.896.8
Feb 201794.896.6
Jan 201791.995.9
Dec 201688.195.0
Nov 201685.894.2
Oct 201684.393.5
Sep 201686.893.0
Aug 201691.292.8
Jul 201689.591.9
Jun 201689.391.6
May 201689.191.2
Apr 201689.090.5
Mar 201689.189.9
Feb 201688.589.5
Jan 201687.389.5
Dec 201584.689.9
Nov 201582.489.3
Oct 201580.588.9
Sep 201582.488.6
Aug 201583.888.3
Jul 201590.588.5
Jun 201590.187.7
May 201588.087.6
Apr 201585.186.7
Mar 201580.786.2
Feb 201579.386.2
Jan 201577.986.2
Dec 201478.585.6
Nov 201478.285.6
Oct 201478.386.2
Sep 201481.688.0
Aug 201484.088.4
Jul 201483.287.0
Jun 201484.585.3
May 201482.084.2
Apr 201486.483.9
Mar 201493.584.3
Feb 201486.885.7
Jan 201485.986.7
Dec 201378.587.0
Nov 201380.786.9
Oct 201384.287.2
Sep 201386.387.0
Aug 201385.886.8
Jul 201382.286.5
Jun 201382.087.1
May 201379.686.4
Apr 201380.485.3
Mar 201381.084.6
Feb 201386.985.1
Jan 201389.386.5
Dec 201296.887.8
Nov 201297.188.3
Oct 201291.688.7
Sep 201290.789.4
Aug 201287.889.4
Jul 201289.489.7
Jun 201285.890.2
May 201298.391.2
Apr 201298.392.8
Mar 2012100.692.5
Feb 201292.592.4
Jan 201291.992.2
Dec 201194.393.3
Nov 201196.294.5
Oct 201198.895.0
Sep 201199.996.2
Aug 201199.397.1
Jul 201199.997.9
Jun 201197.999.4
May 2011100.7101.4
Apr 2011101.7102.6
Mar 2011100.0102.4
Feb 2011100.5101.1
Jan 2011100.0100.0

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
April 2011January 2015−23.4%4540
March 2019May 2019−4.6%23
December 2019March 2020−7.1%31
August 2020December 2020−7.8%43
April 2021August 2021−4.4%41
August 2022September 2022−4.0%12
December 2022May 2023−8.1%54
September 2023January 2024−8.9%42
May 2024July 2024−5.8%23
June 2025July 2025−3.1%12

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 Aveiro

Asking prices have an 80% chance of landing between €2,671/m² and €3,139/m² by September 2027.

Expected, September 2027
€2,905/m²
Chance of a rise
67%

At the bank valuation, a 90 m² home costs €187,470. With 10% down and a 30-year mortgage, the payment is €711 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
25%
Payment, one income
51%

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
€878
Owning per month
€755

Sellers ask 35.7% more than banks value homes at. A year ago the gap was +39.5%.

Gap today
+35.7%
Change in a year
−3.8 pp

16.7% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
396
Per 1,000 residents
4.3

Over the last 12 months, buyers domiciled abroad paid 25.6% more per m² than buyers living in Portugal.

Abroad against residents
+25.6%

In 2025 the population grew by 455 while 427 homes were finished: 1.1 new residents for every new home.

New residents per new home, 2025
1.1
Population change, 2025
+455

10.9% of the 42,182 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
10.9%
Empty homes
4,616

In 2025, 8% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
8%
Reconstructions per 100 new buildings
0.0

Public bodies signed €694.2K of housing works here in 2025, and €32.8M since 2012.

Signed in 2025
€694.2K
Per resident, 2025
€8

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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