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Seia · report

Past price cycles in Seia

Asking prices have fallen by 3% or more 5 times since 2015. The deepest began in February 2016.

Deepest fall
−21.3%
Recovery from the low
31 months

Prices in Seia and Portugal, indexed

Asking prices, both set to 100 in September 2015.

  • Seia
  • Portugal
  • 100 = September 2015
Show the numbers
PeriodSeiaPortugal
Sep 2026151.1298.1
Aug 2026153.0296.1
Jul 2026148.5296.4
Jun 2026150.6296.5
May 2026148.7295.3
Apr 2026151.3295.3
Mar 2026146.7293.1
Feb 2026142.1290.0
Jan 2026140.4287.3
Dec 2025137.6284.4
Nov 2025134.9282.8
Oct 2025132.1279.1
Sep 2025124.0276.4
Aug 2025131.4275.4
Jul 2025132.8274.4
Jun 2025127.5271.3
May 2025125.1266.9
Apr 2025125.1264.7
Mar 2025124.4261.5
Feb 2025124.5258.1
Jan 2025123.8254.2
Dec 2024122.3251.2
Nov 2024123.4247.3
Oct 2024118.6244.7
Sep 2024115.3243.4
Aug 2024112.2242.5
Jul 2024112.5242.3
Jun 2024116.2240.3
May 2024117.9239.0
Apr 2024126.6235.5
Mar 2024124.2233.8
Feb 2024120.7231.9
Jan 2024117.0230.7
Dec 2023112.5227.8
Nov 2023112.7225.8
Oct 2023112.9222.3
Sep 2023115.1220.7
Aug 2023112.5220.2
Jul 2023109.0221.0
Jun 2023109.8220.8
May 2023111.4218.7
Apr 2023108.5217.8
Mar 2023107.6215.8
Feb 2023108.1214.7
Jan 2023108.9213.3
Dec 2022113.3212.3
Nov 2022110.9211.8
Oct 2022110.5208.6
Sep 2022110.5207.4
Aug 2022116.6207.0
Jul 2022116.6206.7
Jun 2022112.9206.6
May 2022112.0206.4
Apr 2022109.2205.3
Mar 2022108.1205.4
Feb 2022110.3204.4
Jan 2022108.9203.5
Dec 2021110.5203.3
Nov 2021111.1202.8
Oct 2021108.9201.6
Sep 2021113.1199.2
Aug 2021111.4198.3
Jul 2021113.3197.6
Jun 2021111.6195.8
May 2021107.9194.6
Apr 2021105.4193.6
Mar 2021103.0193.5
Feb 202199.6192.9
Jan 202196.7193.4
Dec 202098.2192.2
Nov 202099.6190.6
Oct 202096.7188.2
Sep 202098.0186.1
Aug 202099.8185.0
Jul 202098.3183.9
Jun 2020100.7184.9
May 2020103.1185.6
Apr 2020105.0186.5
Mar 2020104.6184.7
Feb 2020105.9183.5
Jan 2020106.1181.3
Dec 2019107.0182.5
Nov 2019106.3181.5
Oct 2019103.7181.1
Sep 2019104.2180.8
Aug 2019102.0181.0
Jul 2019101.1181.1
Jun 201996.5178.3
May 201995.9174.1
Apr 201995.0170.4
Mar 201994.3168.5
Feb 201991.9166.4
Jan 201989.3164.6
Dec 201889.1164.2
Nov 201889.5162.9
Oct 201893.9160.9
Sep 201893.7157.2
Aug 201891.3154.3
Jul 201890.6153.8
Jun 201892.1150.4
May 201890.8149.0
Apr 201891.1145.9
Mar 201896.5144.4
Feb 201895.6143.8
Jan 201897.6141.6
Dec 201799.1141.9
Nov 201798.3140.3
Oct 201799.4138.2
Sep 2017101.3135.3
Aug 2017104.8133.4
Jul 2017103.5131.1
Jun 2017103.9129.4
May 2017103.0126.4
Apr 2017102.6126.2
Mar 2017101.7124.8
Feb 2017100.6122.8
Jan 2017100.4121.3
Dec 2016102.4120.3
Nov 2016104.2119.6
Oct 2016111.1117.2
Sep 2016110.1113.9
Aug 2016102.4110.9
Jul 2016104.1107.1
Jun 2016106.3107.0
May 2016105.9105.9
Apr 2016110.1105.3
Mar 2016112.2106.2
Feb 2016113.3105.9
Jan 2016110.3104.7
Dec 2015107.0102.9
Nov 2015103.9101.2
Oct 201598.5100.6
Sep 2015100.0100.0

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
February 2016December 2018−21.3%3431
July 2021March 2022−4.6%84
August 2022March 2023−7.8%710
April 2024August 2024−11.4%410
July 2025September 2025−6.7%22

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 Seia

Next 12 months

Asking prices have an 80% chance of landing between €772/m² and €961/m² by September 2027.

Expected, September 2027
€866/m²
Chance of a rise
74%

Affordability

At the bank valuation, a 90 m² home costs €100,980. With 10% down and a 30-year mortgage, the payment is €383 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
17%
Payment, one income
33%

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
€372
Owning per month
€234

Asking against valuation

Sellers ask 27.0% less than banks value homes at. A year ago the gap was −24.9%.

Gap today
−27.0%
Change in a year
−2.1 pp

New homes

17.9% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
17
Per 1,000 residents
0.8

Foreign buyers

Figures for Beiras e Serra da Estrela: Seia has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 23.0% less per m² than buyers living in Portugal.

Abroad against residents
−23.0%

People and new homes

In 2025 the population fell by 195 while 9 homes were finished.

Homes finished, 2025
9
Population change, 2025
−195

Empty homes

16.9% of the 17,621 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
16.9%
Empty homes
2,972

Renovation

In 2025, 44% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
44%
Reconstructions per 100 new buildings
0.0

Public housing works

Public bodies signed €1.5M of housing works here in 2018, and €1.5M since 2012.

Signed in 2018
€1.5M
Per resident, 2018
€69

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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