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Alto Tâmega e Barroso · report

Past price cycles in Alto Tâmega e Barroso

Bank valuations have fallen by 3% or more 11 times since 2014. The deepest began in January 2015.

Deepest fall
−22.0%
Recovery from the low
17 months

Prices in Alto Tâmega e Barroso and Portugal, indexed

Bank valuations, both set to 100 in October 2014.

  • Alto Tâmega e Barroso
  • Portugal
  • 100 = October 2014
Show the numbers
PeriodAlto Tâmega e BarrosoPortugal
Sep 2026172.9301.3
Aug 2026174.1298.1
Jul 2026176.5296.3
Jun 2026177.9294.7
May 2026172.2292.1
Apr 2026166.2287.6
Mar 2026167.4284.5
Feb 2026167.0280.7
Jan 2026168.8278.4
Dec 2025155.2275.3
Nov 2025155.2272.5
Oct 2025148.9267.9
Sep 2025156.5263.9
Aug 2025153.6259.9
Jul 2025157.6257.3
Jun 2025148.3252.8
May 2025142.7249.5
Apr 2025138.6246.8
Mar 2025138.0244.3
Feb 2025135.8239.4
Jan 2025142.4234.7
Dec 2024143.2231.1
Nov 2024148.9230.2
Oct 2024142.0227.6
Sep 2024140.7224.2
Aug 2024142.0220.1
Jul 2024140.4216.7
Jun 2024139.1214.0
May 2024138.0213.0
Apr 2024136.4211.1
Mar 2024136.9209.0
Feb 2024135.2206.3
Jan 2024134.7205.0
Dec 2023131.5203.2
Nov 2023124.8202.4
Oct 2023121.5203.2
Sep 2023124.0203.8
Aug 2023130.9203.4
Jul 2023130.8201.7
Jun 2023133.6200.8
May 2023129.7199.7
Apr 2023133.6197.2
Mar 2023128.2196.2
Feb 2023121.1195.5
Jan 2023118.3196.4
Dec 2022118.3192.9
Nov 2022121.3191.7
Oct 2022118.6187.8
Sep 2022118.8189.0
Aug 2022118.8187.0
Jul 2022121.9187.4
Jun 2022126.3186.1
May 2022124.3182.5
Apr 2022128.4179.4
Mar 2022130.3176.1
Feb 2022125.7173.8
Jan 2022118.9170.9
Dec 2021116.4170.0
Nov 2021116.4168.3
Oct 2021116.4165.5
Sep 2021106.9163.5
Aug 2021110.1161.5
Jul 2021109.5161.5
Jun 2021114.7160.7
May 2021116.9160.3
Apr 2021119.9158.7
Mar 2021122.4157.0
Feb 2021122.4155.3
Jan 2021126.7154.8
Dec 2020123.2152.9
Nov 2020122.2151.3
Oct 2020121.5149.6
Sep 2020118.3149.2
Aug 2020113.7149.2
Jul 202099.7149.1
Jun 2020103.0148.0
May 2020104.9147.4
Apr 2020112.9147.0
Mar 2020110.4146.8
Feb 2020110.4147.0
Jan 2020107.6145.9
Dec 2019108.2144.3
Nov 2019111.4142.3
Oct 2019111.7141.4
Sep 2019111.0141.0
Aug 2019109.6139.4
Jul 2019110.4138.1
Jun 2019111.0136.2
May 2019116.4135.3
Apr 2019111.4134.3
Mar 2019109.1133.1
Feb 2019110.9132.3
Jan 2019112.6130.0
Dec 2018114.0129.2
Nov 2018105.5128.0
Oct 2018105.4127.9
Sep 2018107.4126.9
Aug 2018109.1125.8
Jul 2018107.1124.5
Jun 2018107.6123.3
May 2018105.7122.9
Apr 2018105.7122.2
Mar 2018103.2121.7
Feb 2018101.6120.5
Jan 2018103.9119.3
Dec 2017108.8117.9
Nov 2017104.1117.6
Oct 201798.9117.2
Sep 201797.9116.5
Aug 2017101.9114.8
Jul 2017102.4113.9
Jun 2017101.6113.8
May 2017101.1113.4
Apr 2017100.8113.0
Mar 2017103.5112.3
Feb 2017103.9112.0
Jan 2017105.4111.2
Dec 2016106.2110.2
Nov 2016104.6109.3
Oct 2016100.5108.5
Sep 2016100.5107.9
Aug 2016102.2107.7
Jul 201698.4106.6
Jun 201698.1106.2
May 201697.9105.8
Apr 201696.1105.0
Mar 201691.8104.2
Feb 201690.2103.8
Jan 201690.9103.8
Dec 201593.4104.2
Nov 201594.8103.6
Oct 201595.1103.2
Sep 201587.1102.8
Aug 201584.4102.4
Jul 201582.3102.6
Jun 201586.6101.7
May 201593.7101.6
Apr 201593.7100.5
Mar 2015105.2100.0
Feb 2015105.2100.0
Jan 2015105.5100.0
Dec 2014100.599.3
Nov 201499.799.3
Oct 2014100.0100.0

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 2015July 2015−22.0%617
December 2016September 2017−7.7%93
December 2017February 2018−6.7%26
August 2018October 2018−3.5%22
December 2018March 2019−4.3%32
May 2019July 2020−14.4%142
January 2021September 2021−15.6%86
March 2022December 2022−9.2%94
June 2023October 2023−9.1%43
November 2024February 2025−8.8%35
July 2025October 2025−5.5%33

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 Tâmega e Barroso

Next 12 months

Bank valuations have an 80% chance of landing between €1,004/m² and €1,339/m² by September 2027.

Expected, September 2027
€1,172/m²
Chance of a rise
72%

Affordability

At the bank valuation, a 90 m² home costs €98,640. With 10% down and a 30-year mortgage, the payment is €374 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
18%
Payment, one income
35%

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
€450
Owning per month
€302

New homes

2.0% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
199
Per 1,000 residents
2.4

Foreign buyers

Over the last 12 months, buyers domiciled abroad paid 12.0% less per m² than buyers living in Portugal.

Abroad against residents
−12.0%

People and new homes

In 2025 the population grew by 180 while 176 homes were finished: 1.0 new residents for every new home.

New residents per new home, 2025
1.0
Population change, 2025
+180

Renovation

In 2025, 8% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
8%
Reconstructions per 100 new buildings
6.7

Public housing works

Public bodies signed €4M of housing works here in 2025, and €14.9M since 2012.

Signed in 2025
€4M
Per resident, 2025
€48

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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