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Vila Real de Santo António · report

Buy or rent in Vila Real de Santo António

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
€893
Owning per month
€984

Try your own numbers

Starting from INE's median sale price of €3,116/m² and median new-lease rent of 9.9 €/m² a month in Vila Real de Santo António, 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
€893
Owning a month, not recovered
€984
Interest
€631
Running costs
€234
Return given up
€119
Cash out a month, if buying
€1,298

Gross rental yield in Vila Real de Santo António

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
PeriodVila Real de Santo António
Q2 20263.8%
Q1 20263.9%
Q4 20253.9%
Q3 20254.0%
Q2 20254.1%
Q1 20254.2%
Q4 20244.1%
Q3 20244.3%
Q2 20244.3%
Q1 20244.4%
Q4 20234.4%
Q3 20234.3%
Q2 20234.4%
Q1 20234.5%
Q4 20224.5%
Q3 20224.1%
Q2 20224.0%
Q1 20224.1%
Q4 20214.2%
Q3 20214.1%
Q2 20214.1%
Q1 20214.0%
Q4 20204.3%
Q3 20204.5%
Q2 20204.5%
Q1 20204.7%

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 Vila Real de Santo António

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

Expected, September 2027
€3,931/m²
Chance of a rise
80%

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.

Payment, two incomes
46%
Payment, one income
91%

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

Gap today
+27.8%
Change in a year
−8.8 pp

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

Licensed, 12 months
105
Per 1,000 residents
4.7

Over the last 12 months, buyers domiciled abroad paid 5.2% more per m² than buyers living in Portugal.

Abroad against residents
+5.2%

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

Deepest fall
−14.6%
Recovery from the low
5 months

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

Homes finished, 2025
113
Population change, 2025
−51

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

Empty, 2021 census
14.9%
Empty homes
3,085

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

Work on existing buildings, 2025
15%
Reconstructions per 100 new buildings
0.0

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

Signed in 2025
€44.6M
Per resident, 2025
€1,994

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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