Imofolio
Sign inGet started for free

Pombal · report

Past price cycles in Pombal

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

Deepest fall
−26.1%
Recovery from the low
17 months

Prices in Pombal and Portugal, indexed

Bank valuations, both set to 100 in July 2020.

  • Pombal
  • Portugal
  • 100 = July 2020
Show the numbers
PeriodPombalPortugal
Sep 2026184.5202.1
Aug 2026178.4200.0
Jul 2026181.3198.8
Jun 2026175.8197.7
May 2026181.7195.9
Apr 2026167.6192.9
Mar 2026189.8190.9
Feb 2026169.7188.3
Jan 2026162.9186.8
Dec 2025164.8184.6
Nov 2025173.2182.8
Oct 2025170.5179.7
Sep 2025168.3177.0
Aug 2025151.4174.4
Jul 2025151.8172.6
Jun 2025155.5169.6
May 2025157.8167.3
Apr 2025170.8165.6
Mar 2025162.8163.9
Feb 2025149.1160.6
Jan 2025143.0157.4
Dec 2024130.7155.0
Nov 2024135.7154.4
Oct 2024142.1152.7
Sep 2024152.5150.4
Aug 2024145.7147.6
Jul 2024136.4145.3
Jun 2024137.7143.6
May 2024138.4142.9
Apr 2024140.8141.6
Mar 2024139.3140.2
Feb 2024130.9138.4
Jan 2024130.8137.5
Dec 2023129.7136.3
Nov 2023130.0135.8
Oct 2023122.6136.3
Sep 2023122.2136.7
Aug 2023121.5136.5
Jul 2023126.0135.3
Jun 2023123.8134.7
May 2023121.2134.0
Apr 2023119.1132.3
Mar 2023105.7131.6
Feb 2023117.4131.1
Jan 2023126.3131.8
Dec 2022132.8129.4
Nov 2022130.3128.6
Oct 2022143.0126.0
Sep 2022125.5126.8
Aug 2022125.2125.5
Jul 2022111.4125.7
Jun 2022111.0124.8
May 2022125.0122.4
Apr 2022125.2120.3
Mar 2022123.4118.1
Feb 2022120.1116.6
Jan 2022117.4114.6
Dec 2021107.0114.0
Nov 2021102.7112.9
Oct 2021108.6111.0
Sep 2021109.2109.7
Aug 2021112.0108.3
Jul 2021115.9108.3
Jun 2021118.6107.8
May 2021119.9107.5
Apr 2021119.3106.5
Mar 2021108.8105.3
Feb 2021100.5104.2
Jan 2021100.5103.8
Dec 2020101.3102.6
Nov 2020102.7101.5
Oct 2020100.3100.4
Sep 2020101.3100.1
Aug 202099.2100.1
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
May 2021November 2021−14.4%63
April 2022June 2022−11.3%22
October 2022March 2023−26.1%517
September 2024December 2024−14.3%33
April 2025August 2025−11.4%43
November 2025January 2026−5.9%22
March 2026April 2026−11.7%1Not 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 Pombal

Next 12 months

Asking prices have an 80% chance of landing between €1,152/m² and €1,556/m² by September 2027.

Expected, September 2027
€1,354/m²
Chance of a rise
69%

Affordability

At the bank valuation, a 90 m² home costs €125,010. With 10% down and a 30-year mortgage, the payment is €474 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
19%
Payment, one income
38%

Buy or rent

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
€518
Owning per month
€429

Asking against valuation

Sellers ask 8.0% less than banks value homes at. A year ago the gap was −7.5%.

Gap today
−8.0%
Change in a year
−0.5 pp

New homes

7.3% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
173
Per 1,000 residents
3.1

Foreign buyers

Over the last 12 months, buyers domiciled abroad paid 25.1% more per m² than buyers living in Portugal.

Abroad against residents
+25.1%

People and new homes

In 2025 the population grew by 484 while 152 homes were finished: 3.2 new residents for every new home.

New residents per new home, 2025
3.2
Population change, 2025
+484

Empty homes

16.1% of the 33,888 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
16.1%
Empty homes
5,471

Renovation

In 2025, 2% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
2%
Reconstructions per 100 new buildings
0.0

Public housing works

Public bodies signed €253.1K of housing works here in 2025, and €2M since 2012.

Signed in 2025
€253.1K
Per resident, 2025
€5

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/pombal/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.

Try free for 3 daysTalk to the team