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Lamego · report

Foreign buyers in Lamego

Figures for Douro: Lamego has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 31.0% less per m² than buyers living in Portugal.

Abroad against residents
−31.0%

What buyers from abroad paid against residents in Douro

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

  • Douro
  • Same as residents
Show the numbers
PeriodDouro
Q2 2026-31.0%
Q1 2026-27.9%
Q4 2025-32.8%
Q3 2025-28.6%
Q2 2025-30.2%
Q1 2025-21.3%
Q4 2024-18.6%
Q3 2024-32.6%
Q2 2024-41.9%
Q1 2024-28.3%
Q4 2023-24.6%
Q3 2023-19.6%
Q2 2023-22.1%
Q1 2023-36.3%
Q4 2022-42.7%
Q3 2022-44.4%
Q2 2022-39.2%
Q1 2022-30.1%
Q4 2021-38.3%
Q3 2021-37.3%
Q2 2021-38.1%
Q1 2021-38.6%
Q4 2020-49.1%
Q3 2020-53.4%
Q2 2020-56.7%
Q1 2020-54.6%
Q4 2019-43.2%

Price per m² by buyer, Douro

  • Buyers domiciled abroad
  • Buyers domiciled in Portugal
Show the numbers
PeriodBuyers domiciled abroadBuyers domiciled in Portugal
Q2 2026€566/m²€820/m²
Q1 2026€575/m²€797/m²
Q4 2025€531/m²€790/m²
Q3 2025€515/m²€721/m²
Q2 2025€474/m²€679/m²
Q1 2025€514/m²€653/m²
Q4 2024€512/m²€629/m²
Q3 2024€424/m²€629/m²
Q2 2024€373/m²€642/m²
Q1 2024€473/m²€660/m²
Q4 2023€500/m²€663/m²
Q3 2023€547/m²€680/m²
Q2 2023€531/m²€682/m²
Q1 2023€425/m²€667/m²
Q4 2022€382/m²€667/m²
Q3 2022€371/m²€667/m²
Q2 2022€400/m²€658/m²
Q1 2022€456/m²€652/m²
Q4 2021€395/m²€640/m²
Q3 2021€376/m²€600/m²
Q2 2021€364/m²€588/m²
Q1 2021€364/m²€593/m²
Q4 2020€303/m²€595/m²
Q3 2020€281/m²€603/m²
Q2 2020€260/m²€600/m²
Q1 2020€271/m²€597/m²
Q4 2019€328/m²€577/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, Lamego, 2023
306
1.2% of residents
Net migration, Lamego, 2025
+159
6.4 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 Lamego

Asking prices have an 80% chance of landing between €1,260/m² and €1,648/m² by September 2027.

Expected, September 2027
€1,454/m²
Chance of a rise
93%

At the bank valuation, a 90 m² home costs €118,260. With 10% down and a 30-year mortgage, the payment is €449 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
20%
Payment, one income
40%

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
€439
Owning per month
€318

Sellers ask 6.7% less than banks value homes at. A year ago the gap was −6.9%.

Gap today
−6.7%
Change in a year
+0.2 pp

25.8% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
56
Per 1,000 residents
2.3

Asking prices have fallen by 3% or more 7 times since 2016. The deepest began in February 2017.

Deepest fall
−17.0%
Recovery from the low
9 months

In 2025 the population fell by 44 while 56 homes were finished.

Homes finished, 2025
56
Population change, 2025
−44

12.9% of the 16,659 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
12.9%
Empty homes
2,146

In 2025, 44% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
44%
Reconstructions per 100 new buildings
65.0

Public bodies signed €5.5M of housing works here in 2025, and €15.5M since 2012.

Signed in 2025
€5.5M
Per resident, 2025
€224

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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