Imofolio

Municipality · data to September 2026

House prices in Pinhel

Homes in Pinhel are advertised at €456 per m², up 13.4% on a year ago. No municipality has a lower asking price. Over the last six months prices moved at +25.5% a year, faster than the −1.3% a year of the past two years.

Asking price per m²
€456/m²
Change in a year
+13.4%
+9.5% after inflation
A 90 m² home
€41,040
at today's asking price per m²

Pinhel: +14.6% in 3 years

Asking price, € per m², monthly, with the next 12 months' expected path

  • Pinhel
  • Guarda district
  • Portugal
  • Expected path
  • 80% range
Show the numbers
MonthPinhelGuarda districtPortugal
Sep 2027 · Expected path€550/m² (€477/m²–€623/m²)€831/m²€3,380/m²
Aug 2027 · Expected path€542/m² (€472/m²–€612/m²)€825/m²€3,367/m²
Jul 2027 · Expected path€534/m² (€468/m²–€600/m²)€818/m²€3,355/m²
Jun 2027 · Expected path€526/m² (€464/m²–€589/m²)€812/m²€3,342/m²
May 2027 · Expected path€519/m² (€459/m²–€578/m²)€805/m²€3,329/m²
Apr 2027 · Expected path€511/m² (€456/m²–€566/m²)€799/m²€3,317/m²
Mar 2027 · Expected path€503/m² (€452/m²–€554/m²)€792/m²€3,304/m²
Feb 2027 · Expected path€495/m² (€449/m²–€542/m²)€786/m²€3,291/m²
Jan 2027 · Expected path€487/m² (€446/m²–€529/m²)€779/m²€3,279/m²
Dec 2026 · Expected path€479/m² (€444/m²–€515/m²)€773/m²€3,266/m²
Nov 2026 · Expected path€472/m² (€442/m²–€501/m²)€766/m²€3,253/m²
Oct 2026 · Expected path€464/m² (€443/m²–€484/m²)€760/m²€3,241/m²
Sep 2026€456/m²€753/m²€3,228/m²
Aug 2026€444/m²€745/m²€3,207/m²
Jul 2026€464/m²€721/m²€3,210/m²
Jun 2026€449/m²€712/m²€3,211/m²
May 2026€433/m²€710/m²€3,198/m²
Apr 2026€418/m²€711/m²€3,198/m²
Mar 2026€407/m²€711/m²€3,174/m²
Feb 2026€397/m²€685/m²€3,141/m²
Jan 2026€396/m²€684/m²€3,112/m²
Dec 2025€428/m²€696/m²€3,080/m²
Nov 2025€409/m²€678/m²€3,063/m²
Oct 2025€390/m²€648/m²€3,023/m²
Sep 2025€402/m²€625/m²€2,993/m²
Aug 2025€413/m²€637/m²€2,983/m²
Jul 2025€422/m²€625/m²€2,972/m²
Jun 2025€439/m²€619/m²€2,938/m²
May 2025€447/m²€610/m²€2,891/m²
Apr 2025€453/m²€592/m²€2,867/m²
Mar 2025€459/m²€592/m²€2,832/m²
Feb 2025€464/m²€600/m²€2,795/m²
Jan 2025€453/m²€594/m²€2,753/m²
Dec 2024€482/m²€595/m²€2,720/m²
Nov 2024€483/m²€613/m²€2,678/m²
Oct 2024€475/m²€606/m²€2,650/m²
Sep 2024€468/m²€597/m²€2,636/m²
Aug 2024€445/m²€574/m²€2,626/m²
Jul 2024€422/m²€572/m²€2,624/m²
Jun 2024€400/m²€565/m²€2,602/m²
May 2024€378/m²€569/m²€2,588/m²
Apr 2024€384/m²€581/m²€2,551/m²
Mar 2024€406/m²€581/m²€2,532/m²
Feb 2024€405/m²€576/m²€2,512/m²
Jan 2024€418/m²€570/m²€2,498/m²
Dec 2023€407/m²€570/m²€2,467/m²
Nov 2023€410/m²€570/m²€2,445/m²
Oct 2023€389/m²€562/m²€2,408/m²
Sep 2023€383/m²€551/m²€2,390/m²
Aug 2023€387/m²€546/m²€2,385/m²
Jul 2023€404/m²€543/m²€2,393/m²
Jun 2023€361/m²€540/m²€2,391/m²
May 2023€398/m²€543/m²€2,369/m²

Reports for Pinhel

Each report opens the full series and the assumptions behind these figures.

Asking prices have an 80% chance of landing between €477/m² and €623/m² by September 2027.

Expected, September 2027
€550/m²
Chance of a rise
95%

At the median sale price, a 90 m² home costs €38,250. With 10% down and a 30-year mortgage, the payment is €145 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
7%
Payment, one income
13%

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
€265
Owning per month
€134

44.3% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
19
Per 1,000 residents
2.4

Figures for Beiras e Serra da Estrela: Pinhel 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%

Asking prices have fallen by 3% or more 4 times since 2023. The deepest began in November 2024.

Deepest fall
−19.3%
Recovery from the low
Not yet

In 2025 the population grew by 20 while 11 homes were finished: 1.8 new residents for every new home.

New residents per new home, 2025
1.8
Population change, 2025
+20

20.5% of the 8,098 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
20.5%
Empty homes
1,664

In 2025, 0% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
0%
Reconstructions per 100 new buildings
0.0

Public bodies signed €1M of housing works here in 2025, and €2M since 2012.

Signed in 2025
€1M
Per resident, 2025
€129

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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