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Caldas da Rainha · report

Foreign buyers in Caldas da Rainha

Over the last 12 months, buyers domiciled abroad paid 18.4% more per m² than buyers living in Portugal.

Abroad against residents
+18.4%

What buyers from abroad paid against residents in Caldas da Rainha

Median price per m² paid by buyers with tax domicile abroad, against buyers domiciled in Portugal, over 12 months.

  • Caldas da Rainha
  • Same as residents
Show the numbers
PeriodCaldas da Rainha
Q2 202618.4%
Q1 202618.9%
Q4 202524.4%
Q3 202516.3%
Q2 202518.9%
Q1 202522.3%
Q4 202428.6%
Q3 202434.3%
Q2 202437.8%
Q1 202436.7%
Q4 202335.7%
Q3 202338.4%
Q2 202338.1%
Q1 202334.1%
Q4 202233.3%
Q3 202237.4%
Q2 202239.0%
Q1 202232.2%
Q4 202131.6%
Q3 202130.7%
Q2 202122.0%
Q1 202125.9%
Q4 202026.8%
Q3 202030.0%
Q2 202043.0%
Q1 202045.5%
Q4 201946.4%

Price per m² by buyer, Caldas da Rainha

  • Buyers domiciled abroad
  • Buyers domiciled in Portugal
Show the numbers
PeriodBuyers domiciled abroadBuyers domiciled in Portugal
Q2 2026€2,564/m²€2,166/m²
Q1 2026€2,451/m²€2,061/m²
Q4 2025€2,384/m²€1,916/m²
Q3 2025€2,110/m²€1,815/m²
Q2 2025€2,062/m²€1,734/m²
Q1 2025€2,040/m²€1,668/m²
Q4 2024€2,062/m²€1,604/m²
Q3 2024€2,103/m²€1,566/m²
Q2 2024€2,077/m²€1,507/m²
Q1 2024€2,032/m²€1,487/m²
Q4 2023€1,984/m²€1,462/m²
Q3 2023€1,952/m²€1,410/m²
Q2 2023€1,897/m²€1,374/m²
Q1 2023€1,806/m²€1,347/m²
Q4 2022€1,706/m²€1,280/m²
Q3 2022€1,690/m²€1,230/m²
Q2 2022€1,640/m²€1,180/m²
Q1 2022€1,501/m²€1,135/m²
Q4 2021€1,432/m²€1,088/m²
Q3 2021€1,391/m²€1,064/m²
Q2 2021€1,264/m²€1,036/m²
Q1 2021€1,292/m²€1,026/m²
Q4 2020€1,268/m²€1,000/m²
Q3 2020€1,260/m²€969/m²
Q2 2020€1,303/m²€911/m²
Q1 2020€1,285/m²€883/m²
Q4 2019€1,262/m²€862/m²

Who lives here

Foreign residents with legal status (INE, 2021 to 2023, when the series ended) and net migration, the people who moved in minus those who left.

Foreign residents, Caldas da Rainha, 2023
6,572
11.5% of residents
Net migration, Caldas da Rainha, 2025
+563
9.5 per 1,000 residents

Tax domicile is not nationality: a foreign citizen living in Portugal counts as resident, and a Portuguese emigrant buying from abroad counts as foreign. INE withholds the split where there are few sales, so smaller places show the nearest region that has it.

Other reports for Caldas da Rainha

Asking prices have an 80% chance of landing between €2,365/m² and €2,694/m² by September 2027.

Expected, September 2027
€2,530/m²
Chance of a rise
93%

At the bank valuation, a 90 m² home costs €181,620. With 10% down and a 30-year mortgage, the payment is €689 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
29%
Payment, one income
58%

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
€758
Owning per month
€691

Sellers ask 15.9% more than banks value homes at. A year ago the gap was +19.6%.

Gap today
+15.9%
Change in a year
−3.7 pp

59.5% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
418
Per 1,000 residents
7.1

Bank valuations have fallen by 3% or more 13 times since 2014. The deepest began in October 2018.

Deepest fall
−10.2%
Recovery from the low
8 months

In 2025 the population grew by 284 while 261 homes were finished: 1.1 new residents for every new home.

New residents per new home, 2025
1.1
Population change, 2025
+284

15.1% of the 31,590 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
15.1%
Empty homes
4,761

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 bodies signed €27K of housing works here in 2023, and €302.3K since 2012.

Signed in 2023
€27K
Per resident, 2023
€0

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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