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Lourinhã · report

Past price cycles in Lourinhã

Bank valuations have fallen by 3% or more 7 times since 2020. The deepest began in December 2022.

Deepest fall
−14.6%
Recovery from the low
1 month

Prices in Lourinhã and Portugal, indexed

Bank valuations, both set to 100 in July 2020.

  • Lourinhã
  • Portugal
  • 100 = July 2020
Show the numbers
PeriodLourinhãPortugal
Sep 2026212.9202.1
Aug 2026212.1200.0
Jul 2026206.1198.8
Jun 2026196.4197.7
May 2026194.6195.9
Apr 2026187.2192.9
Mar 2026188.0190.9
Feb 2026192.3188.3
Jan 2026189.2186.8
Dec 2025191.4184.6
Nov 2025190.3182.8
Oct 2025185.5179.7
Sep 2025170.1177.0
Aug 2025172.1174.4
Jul 2025169.8172.6
Jun 2025159.6169.6
May 2025150.6167.3
Apr 2025154.2165.6
Mar 2025154.2163.9
Feb 2025152.2160.6
Jan 2025142.9157.4
Dec 2024137.6155.0
Nov 2024148.8154.4
Oct 2024149.1152.7
Sep 2024150.9150.4
Aug 2024139.8147.6
Jul 2024141.6145.3
Jun 2024145.8143.6
May 2024151.6142.9
Apr 2024145.5141.6
Mar 2024145.5140.2
Feb 2024142.9138.4
Jan 2024139.7137.5
Dec 2023130.7136.3
Nov 2023131.3135.8
Oct 2023136.2136.3
Sep 2023133.1136.7
Aug 2023124.7136.5
Jul 2023124.4135.3
Jun 2023126.3134.7
May 2023133.5134.0
Apr 2023109.9132.3
Mar 2023112.5131.6
Feb 2023115.7131.1
Jan 2023125.2131.8
Dec 2022128.6129.4
Nov 2022128.6128.6
Oct 2022121.9126.0
Sep 2022114.4126.8
Aug 2022112.7125.5
Jul 2022116.1125.7
Jun 2022118.1124.8
May 2022111.8122.4
Apr 2022110.1120.3
Mar 2022111.5118.1
Feb 2022117.5116.6
Jan 2022119.4114.6
Dec 2021108.5114.0
Nov 2021105.8112.9
Oct 2021104.6111.0
Sep 2021103.8109.7
Aug 2021113.4108.3
Jul 2021106.4108.3
Jun 2021102.1107.8
May 202198.3107.5
Apr 202195.1106.5
Mar 202199.7105.3
Feb 2021103.3104.2
Jan 2021101.8103.8
Dec 202097.1102.6
Nov 202097.1101.5
Oct 2020100.5100.4
Sep 2020104.7100.1
Aug 2020103.1100.1
Jul 2020100.0100.0

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
September 2020April 2021−9.2%73
August 2021September 2021−8.4%14
January 2022April 2022−7.8%36
December 2022April 2023−14.6%41
May 2023July 2023−6.8%23
October 2023December 2023−4.0%21
May 2024December 2024−9.2%72

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 Lourinhã

Next 12 months

Asking prices have an 80% chance of landing between €2,298/m² and €2,595/m² by September 2027.

Expected, September 2027
€2,446/m²
Chance of a rise
90%

Affordability

At the bank valuation, a 90 m² home costs €182,070. With 10% down and a 30-year mortgage, the payment is €691 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
29%
Payment, one income
59%

Buy or rent

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
€665
Owning per month
€658

Asking against valuation

Sellers ask 13.5% more than banks value homes at. A year ago the gap was +25.7%.

Gap today
+13.5%
Change in a year
−12.2 pp

New homes

72.6% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
200
Per 1,000 residents
6.7

Foreign buyers

Over the last 12 months, buyers domiciled abroad paid 12.6% more per m² than buyers living in Portugal.

Abroad against residents
+12.6%

People and new homes

In 2025 the population grew by 458 while 100 homes were finished: 4.6 new residents for every new home.

New residents per new home, 2025
4.6
Population change, 2025
+458

Empty homes

13.6% of the 17,777 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
13.6%
Empty homes
2,419

Renovation

In 2025, 13% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
13%
Reconstructions per 100 new buildings
0.0

Public housing works

Public bodies signed €549K of housing works here in 2022, and €1.3M since 2012.

Signed in 2022
€549K
Per resident, 2022
€19

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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