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Cascais · report

Past price cycles in Cascais

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

Deepest fall
−24.8%
Recovery from the low
26 months

Prices in Cascais and Portugal, indexed

Bank valuations, both set to 100 in January 2011.

  • Cascais
  • Portugal
  • 100 = January 2011
Show the numbers
PeriodCascaisPortugal
Sep 2026303.0259.7
Aug 2026301.6257.0
Jul 2026305.7255.4
Jun 2026304.0254.0
May 2026309.1251.8
Apr 2026306.4247.9
Mar 2026299.4245.3
Feb 2026292.2242.0
Jan 2026292.0240.0
Dec 2025291.2237.3
Nov 2025284.7234.9
Oct 2025275.3230.9
Sep 2025272.8227.5
Aug 2025273.2224.1
Jul 2025267.0221.8
Jun 2025258.3217.9
May 2025255.5215.1
Apr 2025256.0212.8
Mar 2025254.9210.6
Feb 2025256.4206.4
Jan 2025249.5202.3
Dec 2024244.5199.2
Nov 2024243.0198.4
Oct 2024242.4196.2
Sep 2024241.2193.3
Aug 2024237.1189.7
Jul 2024236.8186.8
Jun 2024231.9184.5
May 2024224.9183.6
Apr 2024223.5182.0
Mar 2024225.5180.2
Feb 2024221.9177.9
Jan 2024217.9176.7
Dec 2023215.1175.1
Nov 2023219.5174.5
Oct 2023224.6175.1
Sep 2023227.8175.7
Aug 2023222.7175.4
Jul 2023219.5173.9
Jun 2023221.3173.1
May 2023218.6172.2
Apr 2023216.2170.0
Mar 2023219.0169.1
Feb 2023229.8168.5
Jan 2023230.2169.3
Dec 2022217.9166.2
Nov 2022214.4165.2
Oct 2022206.4161.9
Sep 2022203.2162.9
Aug 2022200.2161.2
Jul 2022202.1161.6
Jun 2022206.1160.4
May 2022202.4157.4
Apr 2022198.1154.6
Mar 2022194.3151.8
Feb 2022193.7149.8
Jan 2022187.6147.3
Dec 2021181.7146.5
Nov 2021178.1145.0
Oct 2021178.0142.6
Sep 2021176.6140.9
Aug 2021176.3139.2
Jul 2021174.4139.2
Jun 2021171.4138.5
May 2021171.4138.2
Apr 2021172.2136.8
Mar 2021167.9135.3
Feb 2021163.5133.9
Jan 2021163.8133.4
Dec 2020167.3131.8
Nov 2020167.9130.4
Oct 2020166.9129.0
Sep 2020166.3128.6
Aug 2020163.5128.6
Jul 2020162.9128.5
Jun 2020167.8127.6
May 2020173.2127.0
Apr 2020169.5126.7
Mar 2020169.3126.6
Feb 2020167.4126.7
Jan 2020168.0125.8
Dec 2019168.3124.4
Nov 2019166.0122.7
Oct 2019163.4121.9
Sep 2019160.0121.6
Aug 2019156.7120.2
Jul 2019158.3119.0
Jun 2019156.6117.4
May 2019154.2116.6
Apr 2019151.0115.7
Mar 2019148.2114.7
Feb 2019146.9114.0
Jan 2019144.2112.1
Dec 2018144.7111.4
Nov 2018147.1110.4
Oct 2018148.4110.3
Sep 2018145.1109.4
Aug 2018140.9108.4
Jul 2018137.4107.3
Jun 2018135.2106.3
May 2018129.5105.9
Apr 2018127.0105.4
Mar 2018125.7104.9
Feb 2018124.1103.9
Jan 2018126.0102.9
Dec 2017121.8101.6
Nov 2017119.3101.4
Oct 2017116.2101.0
Sep 2017114.9100.5
Aug 2017113.599.0
Jul 2017113.198.2
Jun 2017113.098.1
May 2017111.197.7
Apr 2017108.397.4
Mar 2017104.496.8
Feb 2017102.396.6
Jan 2017100.795.9
Dec 201698.995.0
Nov 201699.894.2
Oct 201698.693.5
Sep 201695.893.0
Aug 201694.492.8
Jul 201695.091.9
Jun 201697.191.6
May 201695.991.2
Apr 201696.090.5
Mar 201691.389.9
Feb 201692.389.5
Jan 201691.389.5
Dec 201590.789.9
Nov 201589.189.3
Oct 201591.288.9
Sep 201591.188.6
Aug 201588.788.3
Jul 201584.588.5
Jun 201585.087.7
May 201584.887.6
Apr 201582.986.7
Mar 201581.486.2
Feb 201580.486.2
Jan 201584.786.2
Dec 201485.385.6
Nov 201488.085.6
Oct 201487.586.2
Sep 201491.188.0
Aug 201491.688.4
Jul 201490.787.0
Jun 201484.785.3
May 201485.884.2
Apr 201485.983.9
Mar 201486.384.3
Feb 201487.285.7
Jan 201486.786.7
Dec 201387.687.0
Nov 201386.186.9
Oct 201387.687.2
Sep 201386.587.0
Aug 201391.186.8
Jul 201390.886.5
Jun 201387.687.1
May 201386.386.4
Apr 201385.985.3
Mar 201385.184.6
Feb 201384.785.1
Jan 201389.786.5
Dec 201294.387.8
Nov 201294.488.3
Oct 201294.688.7
Sep 201293.689.4
Aug 201292.789.4
Jul 201289.589.7
Jun 201291.690.2
May 201295.291.2
Apr 201297.592.8
Mar 201296.192.5
Feb 201295.592.4
Jan 201297.592.2
Dec 2011102.193.3
Nov 2011100.794.5
Oct 201196.695.0
Sep 201196.296.2
Aug 201198.597.1
Jul 2011107.097.9
Jun 2011104.899.4
May 2011103.9101.4
Apr 2011101.8102.6
Mar 2011101.8102.4
Feb 2011101.3101.1
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
July 2011February 2015−24.8%4326
May 2020July 2020−5.9%212
January 2023December 2023−6.6%116

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 Cascais

Asking prices have an 80% chance of landing between €6,275/m² and €6,854/m² by September 2027.

Expected, September 2027
€6,565/m²
Chance of a rise
96%

At the bank valuation, a 90 m² home costs €364,320. With 10% down and a 30-year mortgage, the payment is €1,382 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
49%
Payment, one income
97%

Owning and renting a 90 m² home cost about the same each month. 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
€1,515
Owning per month
€1,544

Sellers ask 52.5% more than banks value homes at. A year ago the gap was +61.5%.

Gap today
+52.5%
Change in a year
−9.0 pp

10.5% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
497
Per 1,000 residents
2.0

Over the last 12 months, buyers domiciled abroad paid 27.5% more per m² than buyers living in Portugal.

Abroad against residents
+27.5%

In 2025 the population fell by 1,657 while 587 homes were finished.

Homes finished, 2025
587
Population change, 2025
−1,657

10.1% of the 110,551 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
10.1%
Empty homes
11,197

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 €11.4M of housing works here in 2025, and €89.7M since 2012.

Signed in 2025
€11.4M
Per resident, 2025
€47

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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