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Salvaterra de Magos · report

Past price cycles in Salvaterra de Magos

Bank valuations have fallen by 3% or more 12 times since 2019. The deepest began in May 2023.

Deepest fall
−11.9%
Recovery from the low
9 months

Prices in Salvaterra de Magos and Portugal, indexed

Bank valuations, both set to 100 in August 2019.

  • Salvaterra de Magos
  • Portugal
  • 100 = August 2019
Show the numbers
PeriodSalvaterra de MagosPortugal
Sep 2026242.2216.1
Aug 2026241.4213.9
Jul 2026219.0212.5
Jun 2026216.1211.4
May 2026214.1209.5
Apr 2026229.4206.3
Mar 2026227.0204.1
Feb 2026218.2201.3
Jan 2026210.6199.7
Dec 2025198.2197.4
Nov 2025199.2195.4
Oct 2025198.2192.1
Sep 2025207.9189.3
Aug 2025202.3186.4
Jul 2025205.4184.5
Jun 2025190.4181.3
May 2025188.5178.9
Apr 2025186.6177.0
Mar 2025194.0175.2
Feb 2025180.0171.7
Jan 2025177.5168.3
Dec 2024176.9165.7
Nov 2024182.0165.1
Oct 2024181.5163.3
Sep 2024172.1160.8
Aug 2024171.0157.9
Jul 2024164.6155.4
Jun 2024166.0153.5
May 2024157.3152.8
Apr 2024161.4151.4
Mar 2024153.9149.9
Feb 2024162.4148.0
Jan 2024156.1147.1
Dec 2023158.6145.7
Nov 2023146.6145.2
Oct 2023153.2145.7
Sep 2023150.4146.2
Aug 2023146.9145.9
Jul 2023152.9144.7
Jun 2023160.1144.0
May 2023166.4143.3
Apr 2023154.5141.5
Mar 2023152.0140.7
Feb 2023161.3140.2
Jan 2023161.3140.9
Dec 2022153.6138.3
Nov 2022139.7137.5
Oct 2022145.0134.7
Sep 2022154.1135.6
Aug 2022149.4134.2
Jul 2022148.4134.4
Jun 2022139.4133.5
May 2022130.3130.9
Apr 2022127.9128.7
Mar 2022131.1126.3
Feb 2022137.3124.7
Jan 2022138.2122.6
Dec 2021132.0121.9
Nov 2021134.3120.7
Oct 2021120.0118.7
Sep 2021118.6117.3
Aug 2021120.1115.8
Jul 2021125.9115.8
Jun 2021126.0115.3
May 2021121.4115.0
Apr 2021112.7113.9
Mar 2021111.3112.6
Feb 2021111.7111.4
Jan 2021111.7111.0
Dec 2020110.1109.7
Nov 2020109.8108.5
Oct 2020120.1107.3
Sep 2020118.1107.0
Aug 2020115.3107.0
Jul 2020105.9106.9
Jun 2020107.5106.2
May 2020103.9105.7
Apr 2020103.6105.4
Mar 2020106.9105.3
Feb 202098.9105.4
Jan 2020106.5104.6
Dec 201999.1103.5
Nov 2019100.3102.1
Oct 2019102.8101.4
Sep 2019101.7101.1
Aug 2019100.0100.0

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
October 2019December 2019−3.6%21
January 2020February 2020−7.2%11
March 2020April 2020−3.1%12
October 2020November 2020−8.6%16
June 2021September 2021−5.9%32
January 2022April 2022−7.5%32
September 2022November 2022−9.3%22
February 2023March 2023−5.8%12
May 2023November 2023−11.9%69
March 2025April 2025−3.8%13
September 2025October 2025−4.7%13
April 2026May 2026−6.7%13

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 Salvaterra de Magos

Next 12 months

Asking prices have an 80% chance of landing between €2,099/m² and €2,582/m² by September 2027.

Expected, September 2027
€2,340/m²
Chance of a rise
90%

Affordability

At the bank valuation, a 90 m² home costs €171,090. With 10% down and a 30-year mortgage, the payment is €649 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
26%
Payment, one income
52%

Buy or rent

Renting a 90 m² home costs less each month than owning 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
€538
Owning per month
€585

Asking against valuation

Sellers ask 10.2% more than banks value homes at. A year ago the gap was +26.8%.

Gap today
+10.2%
Change in a year
−16.6 pp

New homes

22.7% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
89
Per 1,000 residents
3.7

Foreign buyers

Figures for Lezíria do Tejo: Salvaterra de Magos has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 7.0% more per m² than buyers living in Portugal.

Abroad against residents
+7.0%

People and new homes

In 2025 the population grew by 443 while 80 homes were finished: 5.5 new residents for every new home.

New residents per new home, 2025
5.5
Population change, 2025
+443

Empty homes

15.0% of the 11,863 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
15.0%
Empty homes
1,783

Renovation

In 2025, 6% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
6%
Reconstructions per 100 new buildings
0.0

Public housing works

Public bodies signed €1.8M of housing works here in 2024, and €3.6M since 2012.

Signed in 2024
€1.8M
Per resident, 2024
€77

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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