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Águeda · report

Past price cycles in Águeda

Bank valuations have fallen by 3% or more 11 times since 2015. The deepest began in July 2023.

Deepest fall
−13.6%
Recovery from the low
11 months

Prices in Águeda and Portugal, indexed

Bank valuations, both set to 100 in November 2015.

  • Águeda
  • Portugal
  • 100 = November 2015
Show the numbers
PeriodÁguedaPortugal
Sep 2026252.4290.9
Aug 2026241.0287.9
Jul 2026240.8286.1
Jun 2026236.1284.5
May 2026238.7282.0
Apr 2026238.5277.7
Mar 2026238.9274.7
Feb 2026231.2271.0
Jan 2026233.6268.8
Dec 2025241.3265.8
Nov 2025238.7263.1
Oct 2025228.9258.6
Sep 2025219.3254.8
Aug 2025217.9251.0
Jul 2025213.3248.4
Jun 2025211.9244.1
May 2025220.0240.9
Apr 2025218.6238.3
Mar 2025212.1235.9
Feb 2025195.6231.2
Jan 2025199.6226.6
Dec 2024206.0223.1
Nov 2024205.4222.2
Oct 2024205.4219.8
Sep 2024195.8216.5
Aug 2024182.8212.5
Jul 2024176.2209.2
Jun 2024179.7206.6
May 2024179.3205.6
Apr 2024180.0203.8
Mar 2024180.0201.8
Feb 2024180.6199.2
Jan 2024179.9198.0
Dec 2023178.1196.2
Nov 2023174.4195.4
Oct 2023167.4196.2
Sep 2023157.8196.8
Aug 2023166.0196.4
Jul 2023182.7194.8
Jun 2023180.0193.9
May 2023176.0192.8
Apr 2023161.3190.4
Mar 2023163.2189.4
Feb 2023170.9188.8
Jan 2023174.6189.7
Dec 2022179.5186.2
Nov 2022181.6185.1
Oct 2022173.7181.4
Sep 2022168.1182.5
Aug 2022167.1180.6
Jul 2022167.1181.0
Jun 2022170.9179.7
May 2022169.5176.2
Apr 2022165.7173.2
Mar 2022157.6170.0
Feb 2022151.1167.8
Jan 2022151.7165.0
Dec 2021152.5164.1
Nov 2021148.9162.5
Oct 2021140.3159.8
Sep 2021143.4157.9
Aug 2021137.5155.9
Jul 2021131.3155.9
Jun 2021131.3155.2
May 2021141.9154.8
Apr 2021146.8153.3
Mar 2021142.7151.6
Feb 2021139.4149.9
Jan 2021137.0149.4
Dec 2020136.6147.6
Nov 2020133.6146.1
Oct 2020137.0144.4
Sep 2020132.4144.1
Aug 2020138.9144.1
Jul 2020135.2143.9
Jun 2020140.3142.9
May 2020138.5142.3
Apr 2020134.0141.9
Mar 2020128.7141.8
Feb 2020120.7141.9
Jan 2020119.8140.9
Dec 2019124.0139.3
Nov 2019125.2137.4
Oct 2019123.5136.5
Sep 2019122.6136.1
Aug 2019120.3134.6
Jul 2019125.0133.3
Jun 2019123.5131.5
May 2019125.0130.7
Apr 2019122.1129.6
Mar 2019122.1128.5
Feb 2019119.1127.7
Jan 2019125.6125.5
Dec 2018125.2124.8
Nov 2018123.5123.6
Oct 2018121.4123.5
Sep 2018123.5122.5
Aug 2018120.3121.5
Jul 2018121.9120.2
Jun 2018124.3119.0
May 2018123.8118.6
Apr 2018119.4118.0
Mar 2018115.2117.5
Feb 2018115.4116.3
Jan 2018115.4115.2
Dec 2017117.2113.8
Nov 2017109.6113.5
Oct 2017104.7113.2
Sep 2017104.7112.5
Aug 2017106.0110.9
Jul 2017107.4110.0
Jun 2017106.8109.8
May 2017105.4109.5
Apr 2017101.9109.1
Mar 2017101.1108.4
Feb 2017101.9108.2
Jan 2017103.9107.4
Dec 2016103.0106.4
Nov 2016108.2105.5
Oct 2016103.7104.7
Sep 2016105.4104.2
Aug 2016101.2104.0
Jul 2016108.8102.9
Jun 2016108.4102.6
May 2016108.4102.2
Apr 2016105.4101.4
Mar 201699.8100.6
Feb 201693.2100.3
Jan 201693.3100.3
Dec 201595.4100.6
Nov 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
November 2015February 2016−6.8%32
July 2016March 2017−7.1%88
June 2018August 2018−3.2%24
January 2019February 2019−5.2%113
June 2020September 2020−5.6%36
April 2021June 2021−10.5%25
November 2022April 2023−11.2%53
July 2023September 2023−13.6%211
December 2024February 2025−5.0%21
May 2025June 2025−3.7%14
December 2025February 2026−4.2%27

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 Águeda

Asking prices have an 80% chance of landing between €1,800/m² and €2,148/m² by September 2027.

Expected, September 2027
€1,974/m²
Chance of a rise
100%

At the bank valuation, a 90 m² home costs €129,690. With 10% down and a 30-year mortgage, the payment is €492 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
20%
Payment, one income
39%

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
€563
Owning per month
€445

Sellers ask 12.4% more than banks value homes at. A year ago the gap was +2.1%.

Gap today
+12.4%
Change in a year
+10.3 pp

82.2% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
160
Per 1,000 residents
3.2

Figures for Região de Aveiro: Águeda has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 15.3% more per m² than buyers living in Portugal.

Abroad against residents
+15.3%

In 2025 the population grew by 52 while 42 homes were finished: 1.2 new residents for every new home.

New residents per new home, 2025
1.2
Population change, 2025
+52

12.6% of the 23,114 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
12.6%
Empty homes
2,918

In 2025, 40% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
40%
Reconstructions per 100 new buildings
0.0

Public bodies signed €1M of housing works here in 2025, and €5.4M since 2012.

Signed in 2025
€1M
Per resident, 2025
€20

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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