Foreign buyers in Vila Real de Santo António

Asking prices have an 80% chance of landing between €3,665/m² and €4,198/m² by September 2027.

At the bank valuation, a 90 m² home costs €264,330. With 10% down and a 30-year mortgage, the payment is €1,003 a month. Banco de Portugal caps it at 50% of a household's net income.

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.

Sellers ask 27.8% more than banks value homes at. A year ago the gap was +36.6%.

20.6% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

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

In 2025 the population fell by 51 while 113 homes were finished.

14.9% of the 20,740 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

In 2025, 15% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Public bodies signed €44.6M of housing works here in 2025, and €44.7M since 2012.