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Baixo Alentejo · report

Past price cycles in Baixo Alentejo

Bank valuations have fallen by 3% or more 6 times since 2011. The deepest began in January 2011.

Deepest fall
−26.4%
Recovery from the low
58 months

Prices in Baixo Alentejo and Portugal, indexed

Bank valuations, both set to 100 in January 2011.

  • Baixo Alentejo
  • Portugal
  • 100 = January 2011
Show the numbers
PeriodBaixo AlentejoPortugal
Sep 2026162.2259.7
Aug 2026160.9257.0
Jul 2026157.6255.4
Jun 2026153.4254.0
May 2026156.6251.8
Apr 2026154.0247.9
Mar 2026150.9245.3
Feb 2026148.4242.0
Jan 2026148.0240.0
Dec 2025146.6237.3
Nov 2025143.6234.9
Oct 2025142.6230.9
Sep 2025138.1227.5
Aug 2025138.4224.1
Jul 2025138.6221.8
Jun 2025137.9217.9
May 2025130.9215.1
Apr 2025130.2212.8
Mar 2025131.8210.6
Feb 2025131.8206.4
Jan 2025130.1202.3
Dec 2024127.7199.2
Nov 2024125.8198.4
Oct 2024124.1196.2
Sep 2024123.7193.3
Aug 2024127.8189.7
Jul 2024127.0186.8
Jun 2024128.9184.5
May 2024129.2183.6
Apr 2024132.8182.0
Mar 2024129.4180.2
Feb 2024125.4177.9
Jan 2024120.8176.7
Dec 2023119.6175.1
Nov 2023115.8174.5
Oct 2023111.9175.1
Sep 2023115.4175.7
Aug 2023118.7175.4
Jul 2023119.9173.9
Jun 2023117.8173.1
May 2023114.0172.2
Apr 2023111.4170.0
Mar 2023106.3169.1
Feb 2023103.3168.5
Jan 2023101.8169.3
Dec 2022104.2166.2
Nov 2022106.8165.2
Oct 2022109.2161.9
Sep 2022109.2162.9
Aug 2022110.2161.2
Jul 2022110.2161.6
Jun 2022111.6160.4
May 2022111.0157.4
Apr 2022111.0154.6
Mar 2022107.3151.8
Feb 2022105.8149.8
Jan 2022104.5147.3
Dec 2021102.1146.5
Nov 2021100.5145.0
Oct 2021101.4142.6
Sep 202198.0140.9
Aug 202197.9139.2
Jul 202197.9139.2
Jun 2021103.0138.5
May 2021105.8138.2
Apr 2021103.9136.8
Mar 2021103.0135.3
Feb 202198.2133.9
Jan 202196.2133.4
Dec 2020100.5131.8
Nov 2020101.0130.4
Oct 2020101.1129.0
Sep 202098.6128.6
Aug 2020101.5128.6
Jul 2020103.5128.5
Jun 2020101.6127.6
May 202096.6127.0
Apr 202096.7126.7
Mar 202097.9126.6
Feb 2020100.8126.7
Jan 2020102.0125.8
Dec 201999.5124.4
Nov 2019102.7122.7
Oct 2019100.8121.9
Sep 201999.4121.6
Aug 201999.1120.2
Jul 2019102.4119.0
Jun 2019104.4117.4
May 2019102.4116.6
Apr 2019101.0115.7
Mar 201999.6114.7
Feb 201995.8114.0
Jan 201991.8112.1
Dec 201891.2111.4
Nov 201889.9110.4
Oct 201895.8110.3
Sep 201897.6109.4
Aug 201896.0108.4
Jul 201894.9107.3
Jun 201892.2106.3
May 201893.7105.9
Apr 201892.7105.4
Mar 201891.0104.9
Feb 201890.2103.9
Jan 201885.0102.9
Dec 201784.8101.6
Nov 201784.3101.4
Oct 201784.3101.0
Sep 201785.1100.5
Aug 201786.199.0
Jul 201789.598.2
Jun 201791.598.1
May 201790.897.7
Apr 201789.397.4
Mar 201788.696.8
Feb 201785.796.6
Jan 201787.095.9
Dec 201685.995.0
Nov 201687.894.2
Oct 201683.893.5
Sep 201686.793.0
Aug 201688.492.8
Jul 201688.391.9
Jun 201686.291.6
May 201680.491.2
Apr 201683.590.5
Mar 201683.389.9
Feb 201684.189.5
Jan 201683.189.5
Dec 201584.789.9
Nov 201585.489.3
Oct 201588.488.9
Sep 201586.588.6
Aug 201582.888.3
Jul 201582.388.5
Jun 201585.087.7
May 201584.587.6
Apr 201581.886.7
Mar 201577.986.2
Feb 201582.786.2
Jan 201582.786.2
Dec 201482.185.6
Nov 201480.885.6
Oct 201484.186.2
Sep 201483.588.0
Aug 201477.388.4
Jul 201476.187.0
Jun 201473.685.3
May 201475.984.2
Apr 201478.283.9
Mar 201482.784.3
Feb 201482.385.7
Jan 201483.386.7
Dec 201380.987.0
Nov 201385.086.9
Oct 201389.187.2
Sep 201389.487.0
Aug 201388.586.8
Jul 201387.686.5
Jun 201389.487.1
May 201378.486.4
Apr 201376.385.3
Mar 201376.384.6
Feb 201380.285.1
Jan 201381.486.5
Dec 201283.187.8
Nov 201287.688.3
Oct 201289.888.7
Sep 201291.289.4
Aug 201288.489.4
Jul 201288.689.7
Jun 201285.990.2
May 201293.391.2
Apr 201292.392.8
Mar 201296.092.5
Feb 201296.092.4
Jan 201299.692.2
Dec 201196.093.3
Nov 201195.294.5
Oct 201195.395.0
Sep 201195.596.2
Aug 201198.197.1
Jul 201199.697.9
Jun 201197.299.4
May 201196.7101.4
Apr 201197.0102.6
Mar 201199.1102.4
Feb 201198.7101.1
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 2011June 2014−26.4%4158
June 2019January 2021−7.9%194
May 2021July 2021−7.5%27
June 2022January 2023−8.8%74
July 2023October 2023−6.7%33
April 2024September 2024−6.8%59

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 Baixo Alentejo

Bank valuations have an 80% chance of landing between €1,366/m² and €1,554/m² by September 2027.

Expected, September 2027
€1,460/m²
Chance of a rise
99%

At the bank valuation, a 90 m² home costs €115,650. With 10% down and a 30-year mortgage, the payment is €439 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
19%
Payment, one income
37%

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
€518
Owning per month
€298

32.2% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
87
Per 1,000 residents
0.7

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

Abroad against residents
−5.6%

In 2025 the population grew by 17 while 106 homes were finished: 0.2 new residents for every new home.

New residents per new home, 2025
0.2
Population change, 2025
+17

In 2025, 19% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
19%
Reconstructions per 100 new buildings
4.4

Public bodies signed €2M of housing works here in 2025, and €6.8M since 2012.

Signed in 2025
€2M
Per resident, 2025
€16

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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