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Nazaré · report

Buy or rent in Nazaré

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
€815
Owning per month
€839

Try your own numbers

Starting from INE's median sale price of €2,656/m² and median new-lease rent of 9.1 €/m² a month in Nazaré, and a mortgage rate of 3.0%.

Assumptions
90
3
1
IMI, insurance, maintenance and condominium.
3
What the deposit and purchase costs could earn if invested instead.
7
IMT, stamp duty, registration and fees, paid once.

Owning and renting cost about the same each month.

Rent a month
€815
Owning a month, not recovered
€839
Interest
€538
Running costs
€199
Return given up
€102
Cash out a month, if buying
€1,106

Gross rental yield in Nazaré

A year's rent as a share of the sale price, from INE's medians. Higher means rent is dear compared with buying.

Show the numbers
PeriodNazaré
Q2 20264.1%
Q1 20264.4%
Q4 20254.3%
Q3 20254.3%
Q2 20253.9%
Q1 20253.9%
Q4 20243.8%
Q3 20244.0%
Q2 20244.4%
Q1 20243.8%
Q4 20234.2%
Q3 20233.8%
Q2 20233.8%
Q1 20233.8%
Q4 20223.5%
Q3 20223.5%
Q2 20223.7%
Q1 20223.8%
Q4 20213.8%
Q3 20214.0%
Q2 20213.8%
Q1 20213.7%
Q4 20204.0%
Q3 20203.7%
Q2 20204.0%
Q1 20203.9%

The comparison counts only the costs of owning you never get back: interest, running costs and what the deposit and purchase costs could earn elsewhere. Loan repayments build equity, so they are left out. So is any rise in the home's value, because nobody knows it in advance.

Other reports for Nazaré

Asking prices have an 80% chance of landing between €2,917/m² and €3,590/m² by September 2027.

Expected, September 2027
€3,254/m²
Chance of a rise
61%

At the bank valuation, a 90 m² home costs €185,850. With 10% down and a 30-year mortgage, the payment is €705 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
31%
Payment, one income
61%

Sellers ask 54.1% more than banks value homes at. A year ago the gap was +42.3%.

Gap today
+54.1%
Change in a year
+11.8 pp

17.4% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
137
Per 1,000 residents
8.0

Over the last 12 months, buyers domiciled abroad paid 20.7% more per m² than buyers living in Portugal.

Abroad against residents
+20.7%

Asking prices have fallen by 3% or more 4 times since 2015. The deepest began in April 2015.

Deepest fall
−14.8%
Recovery from the low
21 months

In 2025 the population fell by 26 while 117 homes were finished.

Homes finished, 2025
117
Population change, 2025
−26

10.4% of the 13,726 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
10.4%
Empty homes
1,430

In 2025, 42% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
42%
Reconstructions per 100 new buildings
0.0

Public bodies signed €99K of housing works here in 2023, and €844.8K since 2012.

Signed in 2023
€99K
Per resident, 2023
€6

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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