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Aljustrel · report

Past price cycles in Aljustrel

Asking prices have fallen by 3% or more 4 times since 2016. The deepest began in December 2016.

Deepest fall
−24.6%
Recovery from the low
41 months

Prices in Aljustrel and Portugal, indexed

Asking prices, both set to 100 in January 2016.

  • Aljustrel
  • Portugal
  • 100 = January 2016
Show the numbers
PeriodAljustrelPortugal
Sep 2026201.8284.7
Aug 2026204.3282.8
Jul 2026210.5283.1
Jun 2026207.3283.2
May 2026203.9282.0
Apr 2026200.7282.0
Mar 2026194.5279.9
Feb 2026188.1277.0
Jan 2026186.3274.4
Dec 2025181.5271.6
Nov 2025180.8270.1
Oct 2025185.9266.6
Sep 2025182.0263.9
Aug 2025178.3263.1
Jul 2025170.8262.1
Jun 2025163.3259.1
May 2025156.0254.9
Apr 2025148.6252.8
Mar 2025142.7249.7
Feb 2025136.8246.5
Jan 2025139.7242.8
Dec 2024140.7239.9
Nov 2024150.9236.2
Oct 2024148.0233.7
Sep 2024143.2232.5
Aug 2024143.2231.6
Jul 2024137.4231.4
Jun 2024131.5229.5
May 2024137.0228.2
Apr 2024129.9225.0
Mar 2024134.5223.3
Feb 2024135.8221.5
Jan 2024137.0220.3
Dec 2023145.9217.5
Nov 2023140.2215.6
Oct 2023134.3212.3
Sep 2023128.6210.8
Aug 2023123.0210.3
Jul 2023121.9211.0
Jun 2023118.1210.8
May 2023114.4208.9
Apr 2023111.9208.0
Mar 2023116.9206.1
Feb 2023115.5205.0
Jan 2023114.2203.7
Dec 2022110.1202.7
Nov 2022112.5202.3
Oct 2022112.5199.2
Sep 2022111.6198.1
Aug 2022113.2197.7
Jul 2022118.0197.4
Jun 2022115.7197.4
May 2022117.6197.1
Apr 2022111.6196.0
Mar 2022108.4196.1
Feb 2022110.5195.2
Jan 2022105.3194.4
Dec 2021107.7194.2
Nov 2021110.1193.7
Oct 2021113.0192.5
Sep 2021114.1190.2
Aug 2021113.2189.4
Jul 2021116.0188.7
Jun 2021111.2187.0
May 2021111.7185.9
Apr 2021111.9184.9
Mar 2021110.1184.8
Feb 2021110.0184.2
Jan 2021110.5184.7
Dec 2020106.6183.5
Nov 2020108.9182.0
Oct 2020108.9179.7
Sep 2020104.8177.7
Aug 2020104.4176.7
Jul 2020104.4175.7
Jun 2020103.0176.5
May 2020106.2177.2
Apr 2020109.4178.1
Mar 2020110.1176.4
Feb 2020112.5175.2
Jan 2020116.5173.2
Dec 2019119.6174.3
Nov 2019116.7173.4
Oct 2019117.3172.9
Sep 2019114.6172.7
Aug 2019110.3172.8
Jul 2019110.0172.9
Jun 2019110.7170.3
May 2019116.9166.3
Apr 2019119.0162.7
Mar 2019116.5160.9
Feb 2019116.0158.9
Jan 2019118.0157.2
Dec 2018122.6156.8
Nov 2018124.0155.6
Oct 2018121.7153.7
Sep 2018120.6150.2
Aug 2018117.1147.4
Jul 2018117.3146.9
Jun 2018120.8143.7
May 2018121.7142.3
Apr 2018124.2139.3
Mar 2018129.9137.9
Feb 2018131.5137.3
Jan 2018131.0135.2
Dec 2017133.1135.5
Nov 2017131.7134.0
Oct 2017133.8132.0
Sep 2017134.9129.2
Aug 2017134.2127.4
Jul 2017133.8125.2
Jun 2017133.3123.5
May 2017132.0120.7
Apr 2017132.6120.5
Mar 2017133.8119.2
Feb 2017134.5117.3
Jan 2017135.6115.9
Dec 2016136.7114.9
Nov 2016135.1114.2
Oct 2016133.3111.9
Sep 2016128.3108.8
Aug 2016125.6105.9
Jul 2016123.1102.3
Jun 2016117.8102.2
May 2016112.5101.1
Apr 2016107.1100.5
Mar 2016106.8101.4
Feb 2016102.3101.1
Jan 2016100.0100.0

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
December 2016June 2020−24.6%4241
December 2023April 2024−11.0%46
November 2024February 2025−9.3%33
July 2026September 2026−4.1%2Not yet

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 Aljustrel

Next 12 months

Asking prices have an 80% chance of landing between €1,016/m² and €1,467/m² by September 2027.

Expected, September 2027
€1,241/m²
Chance of a rise
73%

Affordability

At the median sale price, a 90 m² home costs €82,710. With 10% down and a 30-year mortgage, the payment is €314 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
12%
Payment, one income
23%

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
€625
Owning per month
€290

New homes

32.6% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
6
Per 1,000 residents
0.6

Foreign buyers

Figures for Baixo Alentejo: Aljustrel has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 5.6% less per m² than buyers living in Portugal.

Abroad against residents
−5.6%

People and new homes

In 2025 the population grew by 64 while 11 homes were finished: 5.8 new residents for every new home.

New residents per new home, 2025
5.8
Population change, 2025
+64

Empty homes

17.0% of the 5,869 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
17.0%
Empty homes
998

Renovation

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 housing works

Public bodies signed €12.4K of housing works here in 2017, and €12.4K since 2012.

Signed in 2017
€12.4K
Per resident, 2017
€1

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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