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Salvaterra de Magos · report

Buy or rent in Salvaterra de Magos

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

Try your own numbers

Starting from INE's median sale price of €1,853/m² and median new-lease rent of 6.0 €/m² a month in Salvaterra de Magos, 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.

Renting costs less each month than owning.

Rent a month
€538
Owning a month, not recovered
€585
Interest
€375
Running costs
€139
Return given up
€71
Cash out a month, if buying
€772

Gross rental yield in Salvaterra de Magos

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
PeriodSalvaterra de Magos
Q2 20263.9%
Q1 20264.0%
Q4 20254.2%
Q3 20254.3%
Q2 20254.7%
Q1 20254.8%
Q4 20244.6%
Q3 20244.9%
Q2 20244.6%
Q1 20244.5%
Q4 20234.6%
Q3 20234.7%
Q2 20234.9%
Q1 20234.6%
Q4 20224.6%
Q3 20224.5%
Q2 20224.6%
Q1 20224.8%
Q4 20215.2%
Q3 20215.3%
Q2 20215.1%
Q1 20215.2%
Q4 20204.9%
Q3 20205.0%
Q2 20205.5%
Q1 20205.8%

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 Salvaterra de Magos

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%

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%

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

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

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%

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

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

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

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 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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