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Alto Alentejo · report

Past price cycles in Alto Alentejo

Bank valuations have fallen by 3% or more 8 times since 2011. The deepest began in January 2011.

Deepest fall
−30.8%
Recovery from the low
77 months

Prices in Alto Alentejo and Portugal, indexed

Bank valuations, both set to 100 in January 2011.

  • Alto Alentejo
  • Portugal
  • 100 = January 2011
Show the numbers
PeriodAlto AlentejoPortugal
Sep 2026143.8259.7
Aug 2026140.2257.0
Jul 2026144.2255.4
Jun 2026144.0254.0
May 2026148.2251.8
Apr 2026147.3247.9
Mar 2026150.1245.3
Feb 2026146.7242.0
Jan 2026141.2240.0
Dec 2025138.2237.3
Nov 2025134.0234.9
Oct 2025128.3230.9
Sep 2025126.4227.5
Aug 2025132.1224.1
Jul 2025134.8221.8
Jun 2025132.4217.9
May 2025124.4215.1
Apr 2025119.2212.8
Mar 2025121.3210.6
Feb 2025120.2206.4
Jan 2025116.8202.3
Dec 2024120.5199.2
Nov 2024121.1198.4
Oct 2024122.2196.2
Sep 2024113.7193.3
Aug 2024111.9189.7
Jul 2024110.4186.8
Jun 2024110.0184.5
May 2024109.1183.6
Apr 2024111.8182.0
Mar 2024111.8180.2
Feb 2024113.7177.9
Jan 2024113.8176.7
Dec 2023111.1175.1
Nov 2023107.7174.5
Oct 2023107.6175.1
Sep 2023110.4175.7
Aug 2023111.4175.4
Jul 2023108.8173.9
Jun 2023108.0173.1
May 2023105.4172.2
Apr 2023104.9170.0
Mar 2023105.7169.1
Feb 2023111.9168.5
Jan 2023106.5169.3
Dec 2022103.3166.2
Nov 2022100.9165.2
Oct 2022103.8161.9
Sep 2022104.3162.9
Aug 2022108.4161.2
Jul 2022104.7161.6
Jun 2022105.4160.4
May 2022103.0157.4
Apr 2022101.9154.6
Mar 202299.3151.8
Feb 202298.2149.8
Jan 202295.1147.3
Dec 202195.4146.5
Nov 202193.8145.0
Oct 202196.6142.6
Sep 202194.6140.9
Aug 202195.0139.2
Jul 202194.9139.2
Jun 202198.1138.5
May 2021100.7138.2
Apr 2021101.1136.8
Mar 202197.8135.3
Feb 202195.0133.9
Jan 202194.2133.4
Dec 202092.5131.8
Nov 202095.5130.4
Oct 202094.7129.0
Sep 202095.5128.6
Aug 202092.0128.6
Jul 202091.5128.5
Jun 202091.5127.6
May 202091.3127.0
Apr 202092.7126.7
Mar 202090.8126.6
Feb 202090.8126.7
Jan 202090.7125.8
Dec 201996.3124.4
Nov 201994.7122.7
Oct 201996.6121.9
Sep 201995.8121.6
Aug 201994.7120.2
Jul 201991.3119.0
Jun 201988.1117.4
May 201988.1116.6
Apr 201991.2115.7
Mar 201991.7114.7
Feb 201994.3114.0
Jan 201994.6112.1
Dec 201893.4111.4
Nov 201888.9110.4
Oct 201885.9110.3
Sep 201881.8109.4
Aug 201886.6108.4
Jul 201886.3107.3
Jun 201887.5106.3
May 201883.7105.9
Apr 201882.8105.4
Mar 201881.3104.9
Feb 201882.7103.9
Jan 201881.8102.9
Dec 201784.1101.6
Nov 201784.1101.4
Oct 201785.5101.0
Sep 201784.7100.5
Aug 201784.099.0
Jul 201782.798.2
Jun 201781.898.1
May 201784.497.7
Apr 201785.897.4
Mar 201784.096.8
Feb 201781.796.6
Jan 201781.795.9
Dec 201681.395.0
Nov 201680.294.2
Oct 201680.293.5
Sep 201681.093.0
Aug 201680.992.8
Jul 201681.391.9
Jun 201678.691.6
May 201681.491.2
Apr 201681.290.5
Mar 201683.589.9
Feb 201684.389.5
Jan 201685.689.5
Dec 201579.489.9
Nov 201579.489.3
Oct 201578.688.9
Sep 201583.288.6
Aug 201579.588.3
Jul 201580.488.5
Jun 201579.787.7
May 201577.687.6
Apr 201576.786.7
Mar 201576.786.2
Feb 201581.486.2
Jan 201583.986.2
Dec 201474.385.6
Nov 201469.285.6
Oct 201472.486.2
Sep 201475.588.0
Aug 201485.188.4
Jul 201480.487.0
Jun 201477.485.3
May 201481.084.2
Apr 201482.483.9
Mar 201484.884.3
Feb 201484.085.7
Jan 201482.186.7
Dec 201378.287.0
Nov 201377.986.9
Oct 201381.287.2
Sep 201379.987.0
Aug 201376.286.8
Jul 201372.186.5
Jun 201375.687.1
May 201380.486.4
Apr 201380.585.3
Mar 201384.684.6
Feb 201384.885.1
Jan 201384.786.5
Dec 201282.787.8
Nov 201285.888.3
Oct 201283.588.7
Sep 201282.289.4
Aug 201279.089.4
Jul 201282.189.7
Jun 201287.590.2
May 201286.991.2
Apr 201287.192.8
Mar 201283.292.5
Feb 201288.292.4
Jan 201288.392.2
Dec 201192.593.3
Nov 201189.494.5
Oct 201189.695.0
Sep 201189.096.2
Aug 201188.897.1
Jul 201188.397.9
Jun 201192.899.4
May 201197.6101.4
Apr 201195.8102.6
Mar 201194.0102.4
Feb 201196.6101.1
Jan 2011100.0100.0

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
January 2011November 2014−30.8%4677
April 2021November 2021−7.2%75
August 2022November 2022−6.9%33
February 2023April 2023−6.3%29
January 2024May 2024−4.2%45
October 2024January 2025−4.4%34
July 2025September 2025−6.2%23
March 2026August 2026−6.6%5Not 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 Alto Alentejo

Bank valuations have an 80% chance of landing between €850/m² and €1,196/m² by September 2027.

Expected, September 2027
€1,023/m²
Chance of a rise
39%

At the bank valuation, a 90 m² home costs €95,490. With 10% down and a 30-year mortgage, the payment is €362 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
15%
Payment, one income
30%

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
€410
Owning per month
€246

6.9% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
98
Per 1,000 residents
0.9

Over the last 12 months, buyers domiciled abroad paid 24.0% more per m² than buyers living in Portugal.

Abroad against residents
+24.0%

In 2025 the population fell by 75 while 189 homes were finished.

Homes finished, 2025
189
Population change, 2025
−75

In 2025, 41% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
41%
Reconstructions per 100 new buildings
4.4

Public bodies signed €6.5M of housing works here in 2025, and €34.6M since 2012.

Signed in 2025
€6.5M
Per resident, 2025
€60

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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