Imofolio

Loures · report

Past price cycles in Loures

Bank valuations have fallen by 3% or more 5 times since 2011. The deepest began in April 2011.

Deepest fall
−21.5%
Recovery from the low
29 months

Prices in Loures and Portugal, indexed

Bank valuations, both set to 100 in January 2011.

  • Loures
  • Portugal
  • 100 = January 2011
Show the numbers
PeriodLouresPortugal
Sep 2026292.3259.7
Aug 2026288.0257.0
Jul 2026288.0255.4
Jun 2026282.5254.0
May 2026277.8251.8
Apr 2026276.4247.9
Mar 2026272.9245.3
Feb 2026268.9242.0
Jan 2026264.4240.0
Dec 2025260.9237.3
Nov 2025254.6234.9
Oct 2025253.3230.9
Sep 2025249.3227.5
Aug 2025243.9224.1
Jul 2025240.5221.8
Jun 2025235.4217.9
May 2025229.7215.1
Apr 2025227.5212.8
Mar 2025226.3210.6
Feb 2025223.0206.4
Jan 2025219.0202.3
Dec 2024216.0199.2
Nov 2024213.7198.4
Oct 2024210.9196.2
Sep 2024207.7193.3
Aug 2024204.3189.7
Jul 2024202.4186.8
Jun 2024200.0184.5
May 2024199.8183.6
Apr 2024199.2182.0
Mar 2024198.0180.2
Feb 2024193.6177.9
Jan 2024191.8176.7
Dec 2023191.8175.1
Nov 2023195.0174.5
Oct 2023197.1175.1
Sep 2023200.0175.7
Aug 2023200.3175.4
Jul 2023198.9173.9
Jun 2023194.5173.1
May 2023191.8172.2
Apr 2023189.1170.0
Mar 2023193.6169.1
Feb 2023193.7168.5
Jan 2023196.7169.3
Dec 2022190.6166.2
Nov 2022189.2165.2
Oct 2022185.1161.9
Sep 2022182.0162.9
Aug 2022182.0161.2
Jul 2022180.0161.6
Jun 2022178.2160.4
May 2022171.6157.4
Apr 2022168.6154.6
Mar 2022167.7151.8
Feb 2022166.5149.8
Jan 2022163.5147.3
Dec 2021161.2146.5
Nov 2021157.4145.0
Oct 2021158.2142.6
Sep 2021157.4140.9
Aug 2021158.1139.2
Jul 2021156.0139.2
Jun 2021155.3138.5
May 2021154.3138.2
Apr 2021152.3136.8
Mar 2021150.9135.3
Feb 2021150.3133.9
Jan 2021150.9133.4
Dec 2020148.4131.8
Nov 2020145.5130.4
Oct 2020148.0129.0
Sep 2020149.3128.6
Aug 2020151.2128.6
Jul 2020147.3128.5
Jun 2020145.6127.6
May 2020144.4127.0
Apr 2020147.0126.7
Mar 2020147.5126.6
Feb 2020146.8126.7
Jan 2020140.5125.8
Dec 2019139.3124.4
Nov 2019139.7122.7
Oct 2019140.1121.9
Sep 2019139.9121.6
Aug 2019136.0120.2
Jul 2019134.4119.0
Jun 2019134.1117.4
May 2019133.8116.6
Apr 2019134.9115.7
Mar 2019131.6114.7
Feb 2019129.1114.0
Jan 2019127.3112.1
Dec 2018129.0111.4
Nov 2018127.6110.4
Oct 2018126.0110.3
Sep 2018121.3109.4
Aug 2018117.6108.4
Jul 2018117.3107.3
Jun 2018117.4106.3
May 2018117.5105.9
Apr 2018117.5105.4
Mar 2018116.0104.9
Feb 2018115.6103.9
Jan 2018112.2102.9
Dec 2017111.8101.6
Nov 2017109.8101.4
Oct 2017107.6101.0
Sep 2017102.9100.5
Aug 2017102.699.0
Jul 2017103.298.2
Jun 2017104.198.1
May 2017104.497.7
Apr 2017106.397.4
Mar 2017104.796.8
Feb 2017104.196.6
Jan 2017102.195.9
Dec 2016103.695.0
Nov 2016101.094.2
Oct 201695.693.5
Sep 201693.993.0
Aug 201694.892.8
Jul 201692.891.9
Jun 201692.191.6
May 201689.491.2
Apr 201690.590.5
Mar 201690.289.9
Feb 201694.189.5
Jan 201695.089.5
Dec 201594.589.9
Nov 201592.589.3
Oct 201589.688.9
Sep 201589.688.6
Aug 201587.888.3
Jul 201587.188.5
Jun 201586.987.7
May 201587.787.6
Apr 201588.186.7
Mar 201587.086.2
Feb 201587.886.2
Jan 201586.186.2
Dec 201485.185.6
Nov 201482.785.6
Oct 201483.586.2
Sep 201485.688.0
Aug 201486.288.4
Jul 201483.987.0
Jun 201483.085.3
May 201483.384.2
Apr 201484.483.9
Mar 201484.084.3
Feb 201489.885.7
Jan 201490.286.7
Dec 201389.887.0
Nov 201388.086.9
Oct 201389.887.2
Sep 201390.987.0
Aug 201389.786.8
Jul 201390.086.5
Jun 201390.087.1
May 201388.686.4
Apr 201386.485.3
Mar 201384.284.6
Feb 201388.685.1
Jan 201386.886.5
Dec 201289.187.8
Nov 201288.788.3
Oct 201289.188.7
Sep 201289.089.4
Aug 201289.089.4
Jul 201288.689.7
Jun 201288.290.2
May 201288.091.2
Apr 2012100.092.8
Mar 2012105.092.5
Feb 2012102.692.4
Jan 201294.492.2
Dec 201194.493.3
Nov 201193.894.5
Oct 201194.295.0
Sep 201194.196.2
Aug 201197.697.1
Jul 201197.797.9
Jun 2011100.299.4
May 2011103.5101.4
Apr 2011105.4102.6
Mar 2011104.1102.4
Feb 2011102.3101.1
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
April 2011November 2014−21.5%4329
April 2017August 2017−3.5%42
August 2020November 2020−3.7%35
January 2023April 2023−3.8%33
August 2023December 2023−4.2%47

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 Loures

Asking prices have an 80% chance of landing between €3,843/m² and €4,210/m² by September 2027.

Expected, September 2027
€4,027/m²
Chance of a rise
99%

At the bank valuation, a 90 m² home costs €292,230. With 10% down and a 30-year mortgage, the payment is €1,109 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
45%
Payment, one income
90%

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
€1,094
Owning per month
€1,080

Sellers ask 13.1% more than banks value homes at. A year ago the gap was +20.3%.

Gap today
+13.1%
Change in a year
−7.2 pp

7.9% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
509
Per 1,000 residents
2.1

Over the last 12 months, buyers domiciled abroad paid 7.5% less per m² than buyers living in Portugal.

Abroad against residents
−7.5%

In 2025 the population grew by 1,006 while 348 homes were finished: 2.9 new residents for every new home.

New residents per new home, 2025
2.9
Population change, 2025
+1,006

10.3% of the 97,848 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
10.3%
Empty homes
10,126

In 2025, 3% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
3%
Reconstructions per 100 new buildings
0.0

Public bodies signed €135.1K of housing works here in 2025, and €35.4M since 2012.

Signed in 2025
€135.1K
Per resident, 2025
€1

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.

Made with Imofolio · imofolio.com/en/market/portugal/loures/cycles

Selling homes in Portugal? Keep the whole sale in one place.

Imofolio is the CRM for estate agents and agencies: properties, buyers, viewings, proposals and your own website, from the first enquiry to the closing.