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Esposende · report

Past price cycles in Esposende

Bank valuations have fallen by 3% or more 13 times since 2015. The deepest began in April 2015.

Deepest fall
−21.9%
Recovery from the low
28 months

Prices in Esposende and Portugal, indexed

Bank valuations, both set to 100 in January 2015.

  • Esposende
  • Portugal
  • 100 = January 2015
Show the numbers
PeriodEsposendePortugal
Sep 2026260.0301.3
Aug 2026265.9298.1
Jul 2026268.0296.3
Jun 2026272.3294.7
May 2026259.6292.1
Apr 2026254.3287.6
Mar 2026226.5284.5
Feb 2026225.6280.7
Jan 2026225.6278.4
Dec 2025249.9275.3
Nov 2025234.7272.5
Oct 2025235.7267.9
Sep 2025234.0263.9
Aug 2025234.0259.9
Jul 2025233.9257.3
Jun 2025229.6252.8
May 2025228.7249.5
Apr 2025229.7246.8
Mar 2025224.9244.3
Feb 2025226.7239.4
Jan 2025233.9234.7
Dec 2024246.9231.1
Nov 2024240.7230.2
Oct 2024222.1227.6
Sep 2024219.5224.2
Aug 2024225.1220.1
Jul 2024219.6216.7
Jun 2024206.9214.0
May 2024200.0213.0
Apr 2024194.4211.1
Mar 2024190.1209.0
Feb 2024182.8206.3
Jan 2024182.5205.0
Dec 2023188.4203.2
Nov 2023184.3202.4
Oct 2023182.1203.2
Sep 2023189.3203.8
Aug 2023183.2203.4
Jul 2023175.9201.7
Jun 2023166.8200.8
May 2023176.4199.7
Apr 2023177.6197.2
Mar 2023177.6196.2
Feb 2023177.3195.5
Jan 2023189.2196.4
Dec 2022192.3192.9
Nov 2022194.7191.7
Oct 2022183.7187.8
Sep 2022182.5189.0
Aug 2022187.9187.0
Jul 2022189.7187.4
Jun 2022194.0186.1
May 2022183.3182.5
Apr 2022178.7179.4
Mar 2022164.0176.1
Feb 2022156.9173.8
Jan 2022156.9170.9
Dec 2021151.9170.0
Nov 2021158.0168.3
Oct 2021147.1165.5
Sep 2021144.0163.5
Aug 2021141.9161.5
Jul 2021143.2161.5
Jun 2021146.1160.7
May 2021148.9160.3
Apr 2021148.7158.7
Mar 2021146.3157.0
Feb 2021146.4155.3
Jan 2021142.0154.8
Dec 2020141.1152.9
Nov 2020138.5151.3
Oct 2020142.1149.6
Sep 2020144.9149.2
Aug 2020147.7149.2
Jul 2020145.9149.1
Jun 2020136.5148.0
May 2020138.1147.4
Apr 2020130.7147.0
Mar 2020130.3146.8
Feb 2020132.4147.0
Jan 2020136.1145.9
Dec 2019138.4144.3
Nov 2019139.2142.3
Oct 2019129.6141.4
Sep 2019128.8141.0
Aug 2019124.9139.4
Jul 2019129.2138.1
Jun 2019122.7136.2
May 2019122.7135.3
Apr 2019120.4134.3
Mar 2019121.5133.1
Feb 2019120.9132.3
Jan 2019128.0130.0
Dec 2018126.9129.2
Nov 2018128.8128.0
Oct 2018126.9127.9
Sep 2018126.9126.9
Aug 2018126.5125.8
Jul 2018127.1124.5
Jun 2018125.3123.3
May 2018114.5122.9
Apr 2018116.5122.2
Mar 2018124.0121.7
Feb 2018126.4120.5
Jan 2018124.8119.3
Dec 2017118.9117.9
Nov 2017113.9117.6
Oct 2017113.6117.2
Sep 2017112.3116.5
Aug 2017110.9114.8
Jul 2017110.4113.9
Jun 2017111.1113.8
May 2017116.0113.4
Apr 2017116.3113.0
Mar 2017116.3112.3
Feb 2017113.3112.0
Jan 2017109.9111.2
Dec 2016110.0110.2
Nov 2016109.9109.3
Oct 2016114.7108.5
Sep 2016114.1107.9
Aug 2016115.6107.7
Jul 2016112.8106.6
Jun 2016112.9106.2
May 2016103.2105.8
Apr 2016104.1105.0
Mar 201695.2104.2
Feb 2016112.1103.8
Jan 201699.7103.8
Dec 2015107.1104.2
Nov 201597.7103.6
Oct 2015103.1103.2
Sep 201593.5102.8
Aug 2015100.4102.4
Jul 2015109.5102.6
Jun 2015112.9101.7
May 2015112.9101.6
Apr 2015119.7100.5
Mar 2015108.8100.0
Feb 2015107.3100.0
Jan 2015100.0100.0

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 2015September 2015−21.9%528
February 2018May 2018−9.4%32
November 2018April 2019−6.5%53
July 2019August 2019−3.3%12
November 2019March 2020−6.4%44
August 2020November 2020−6.2%35
May 2021August 2021−4.7%33
November 2021December 2021−3.9%13
June 2022September 2022−5.9%32
November 2022June 2023−14.3%711
December 2024March 2025−8.9%39
December 2025January 2026−9.7%13
June 2026September 2026−4.5%3Not yet

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 Esposende

Asking prices have an 80% chance of landing between €2,688/m² and €3,130/m² by September 2027.

Expected, September 2027
€2,909/m²
Chance of a rise
99%

At the bank valuation, a 90 m² home costs €175,500. With 10% down and a 30-year mortgage, the payment is €666 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
27%
Payment, one income
54%

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
€700
Owning per month
€704

Sellers ask 28.0% more than banks value homes at. A year ago the gap was +27.6%.

Gap today
+28.0%
Change in a year
+0.4 pp

15.2% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
187
Per 1,000 residents
4.8

Over the last 12 months, buyers domiciled abroad paid 4.1% less per m² than buyers living in Portugal.

Abroad against residents
−4.1%

In 2025 the population grew by 462 while 90 homes were finished: 5.1 new residents for every new home.

New residents per new home, 2025
5.1
Population change, 2025
+462

6.7% of the 22,045 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
6.7%
Empty homes
1,473

In 2025, 9% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
9%
Reconstructions per 100 new buildings
0.0

Public bodies signed €16.9K of housing works here in 2025, and €580K since 2012.

Signed in 2025
€16.9K
Per resident, 2025
€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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