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Beja · report

Past price cycles in Beja

Bank valuations have fallen by 3% or more 10 times since 2018. The deepest began in September 2018.

Deepest fall
−14.4%
Recovery from the low
3 months

Prices in Beja and Portugal, indexed

Bank valuations, both set to 100 in February 2018.

  • Beja
  • Portugal
  • 100 = February 2018
Show the numbers
PeriodBejaPortugal
Sep 2026183.0250.1
Aug 2026183.0247.4
Jul 2026184.0245.9
Jun 2026177.5244.6
May 2026175.3242.4
Apr 2026175.0238.6
Mar 2026170.4236.1
Feb 2026163.0232.9
Jan 2026163.0231.1
Dec 2025158.9228.4
Nov 2025164.1226.1
Oct 2025152.8222.3
Sep 2025149.9219.0
Aug 2025157.8215.7
Jul 2025160.0213.5
Jun 2025159.5209.8
May 2025158.3207.0
Apr 2025150.6204.8
Mar 2025153.1202.7
Feb 2025149.0198.7
Jan 2025149.8194.7
Dec 2024144.3191.8
Nov 2024138.0191.0
Oct 2024138.3188.9
Sep 2024137.6186.1
Aug 2024137.9182.7
Jul 2024132.5179.8
Jun 2024132.5177.6
May 2024136.5176.7
Apr 2024142.2175.2
Mar 2024136.9173.4
Feb 2024136.2171.2
Jan 2024131.0170.1
Dec 2023133.5168.6
Nov 2023124.8167.9
Oct 2023121.0168.6
Sep 2023123.2169.2
Aug 2023133.1168.8
Jul 2023132.3167.4
Jun 2023133.6166.6
May 2023134.6165.8
Apr 2023131.2163.7
Mar 2023118.3162.8
Feb 2023115.4162.2
Jan 2023123.2163.0
Dec 2022125.6160.0
Nov 2022123.9159.1
Oct 2022123.4155.9
Sep 2022123.7156.9
Aug 2022118.8155.2
Jul 2022118.8155.5
Jun 2022116.2154.4
May 2022124.6151.5
Apr 2022121.5148.8
Mar 2022120.5146.1
Feb 2022118.3144.2
Jan 2022118.3141.8
Dec 2021118.3141.1
Nov 2021112.7139.6
Oct 2021112.3137.3
Sep 2021108.2135.7
Aug 2021110.6134.0
Jul 2021108.7134.0
Jun 2021111.9133.4
May 2021111.4133.0
Apr 2021114.4131.7
Mar 2021109.6130.3
Feb 2021108.9128.9
Jan 2021106.6128.4
Dec 2020107.9126.9
Nov 2020108.1125.6
Oct 2020109.2124.1
Sep 2020107.0123.8
Aug 2020109.1123.8
Jul 2020112.4123.7
Jun 2020115.4122.8
May 2020113.2122.3
Apr 2020107.0122.0
Mar 202098.8121.8
Feb 2020101.4122.0
Jan 2020105.8121.1
Dec 2019106.6119.8
Nov 2019107.6118.1
Oct 2019108.2117.3
Sep 2019108.0117.0
Aug 2019110.7115.7
Jul 2019107.9114.6
Jun 2019112.4113.1
May 2019110.6112.3
Apr 2019114.1111.4
Mar 2019112.4110.4
Feb 2019104.3109.8
Jan 201993.2107.9
Dec 201893.2107.2
Nov 201897.3106.3
Oct 2018108.2106.1
Sep 2018108.9105.3
Aug 2018106.5104.4
Jul 2018106.2103.3
Jun 2018104.1102.3
May 2018108.9102.0
Apr 2018103.1101.4
Mar 2018100.0101.0
Feb 2018100.0100.0

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
May 2018June 2018−4.4%13
September 2018December 2018−14.4%33
April 2019March 2020−13.5%113
June 2020January 2021−7.6%711
May 2022June 2022−6.7%16
December 2022February 2023−8.1%22
May 2023October 2023−10.1%54
April 2024June 2024−6.8%26
July 2025September 2025−6.3%22
November 2025December 2025−3.1%13

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 Beja

Next 12 months

Asking prices have an 80% chance of landing between €1,732/m² and €2,036/m² by September 2027.

Expected, September 2027
€1,884/m²
Chance of a rise
100%

Affordability

At the bank valuation, a 90 m² home costs €133,920. With 10% down and a 30-year mortgage, the payment is €508 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
21%
Payment, one income
41%

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
€612
Owning per month
€403

Asking against valuation

Sellers ask 3.5% more than banks value homes at. A year ago the gap was +10.4%.

Gap today
+3.5%
Change in a year
−6.9 pp

New homes

78.9% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
7
Per 1,000 residents
0.2

Foreign buyers

Figures for Baixo Alentejo: Beja 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 20 while 31 homes were finished: 0.6 new residents for every new home.

New residents per new home, 2025
0.6
Population change, 2025
+20

Empty homes

14.9% of the 20,166 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
14.9%
Empty homes
3,003

Renovation

In 2025, 12% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
12%
Reconstructions per 100 new buildings
13.0

Public housing works

Public bodies signed €48.7K of housing works here in 2025, and €2.2M since 2012.

Signed in 2025
€48.7K
Per resident, 2025
€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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