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Cartaxo · report

Past price cycles in Cartaxo

Bank valuations have fallen by 3% or more 10 times since 2018. The deepest began in June 2019.

Deepest fall
−14.8%
Recovery from the low
8 months

Prices in Cartaxo and Portugal, indexed

Bank valuations, both set to 100 in October 2018.

  • Cartaxo
  • Portugal
  • 100 = October 2018
Show the numbers
PeriodCartaxoPortugal
Sep 2026213.2235.6
Aug 2026211.1233.1
Jul 2026218.0231.6
Jun 2026207.5230.4
May 2026213.6228.3
Apr 2026194.3224.8
Mar 2026198.1222.4
Feb 2026179.7219.4
Jan 2026185.7217.7
Dec 2025179.0215.2
Nov 2025182.3213.0
Oct 2025177.0209.4
Sep 2025171.0206.3
Aug 2025167.7203.2
Jul 2025159.6201.1
Jun 2025156.7197.6
May 2025151.1195.0
Apr 2025159.6193.0
Mar 2025157.4191.0
Feb 2025160.0187.2
Jan 2025158.1183.5
Dec 2024154.6180.7
Nov 2024147.8179.9
Oct 2024145.6178.0
Sep 2024152.8175.3
Aug 2024153.6172.1
Jul 2024147.7169.4
Jun 2024141.9167.3
May 2024140.0166.5
Apr 2024139.6165.0
Mar 2024138.2163.4
Feb 2024136.6161.3
Jan 2024138.2160.3
Dec 2023132.5158.8
Nov 2023138.7158.2
Oct 2023136.3158.8
Sep 2023136.2159.4
Aug 2023132.9159.0
Jul 2023121.8157.7
Jun 2023129.2157.0
May 2023129.2156.2
Apr 2023129.2154.2
Mar 2023122.0153.4
Feb 2023118.5152.8
Jan 2023126.8153.6
Dec 2022133.5150.8
Nov 2022130.7149.8
Oct 2022126.1146.8
Sep 2022116.8147.8
Aug 2022115.6146.2
Jul 2022113.2146.5
Jun 2022115.5145.5
May 2022112.2142.7
Apr 2022109.4140.2
Mar 2022106.3137.6
Feb 2022108.0135.9
Jan 2022102.5133.6
Dec 2021101.1132.9
Nov 2021101.1131.5
Oct 2021103.6129.4
Sep 2021104.4127.8
Aug 202197.8126.3
Jul 202191.5126.3
Jun 202191.5125.6
May 202191.1125.3
Apr 202197.2124.1
Mar 202197.5122.8
Feb 202196.2121.4
Jan 202196.2121.0
Dec 202092.7119.5
Nov 202094.2118.3
Oct 202096.0117.0
Sep 2020105.9116.6
Aug 2020105.8116.6
Jul 2020104.4116.5
Jun 202099.5115.7
May 202099.5115.2
Apr 202098.0114.9
Mar 202095.4114.8
Feb 202093.8114.9
Jan 202091.2114.1
Dec 201992.2112.8
Nov 201987.6111.3
Oct 201994.9110.5
Sep 201999.5110.2
Aug 2019102.3109.0
Jul 201996.7108.0
Jun 2019102.8106.5
May 201995.4105.8
Apr 2019102.5105.0
Mar 201991.7104.0
Feb 201990.0103.4
Jan 201985.5101.7
Dec 201889.2101.0
Nov 201889.2100.1
Oct 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
October 2018January 2019−14.5%33
April 2019May 2019−6.9%11
June 2019November 2019−14.8%58
September 2020May 2021−14.0%89
December 2022February 2023−11.2%27
November 2023December 2023−4.5%14
August 2024October 2024−5.2%22
February 2025May 2025−5.6%33
January 2026February 2026−3.2%11
July 2026August 2026−3.2%1Not 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 Cartaxo

Next 12 months

Asking prices have an 80% chance of landing between €2,245/m² and €2,608/m² by September 2027.

Expected, September 2027
€2,426/m²
Chance of a rise
100%

Affordability

At the bank valuation, a 90 m² home costs €155,250. With 10% down and a 30-year mortgage, the payment is €589 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
23%
Payment, one income
45%

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
€581
Owning per month
€512

Asking against valuation

Sellers ask 13.6% more than banks value homes at. A year ago the gap was +17.9%.

Gap today
+13.6%
Change in a year
−4.3 pp

New homes

69.9% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
48
Per 1,000 residents
1.9

Foreign buyers

Figures for Lezíria do Tejo: Cartaxo has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 7.0% more per m² than buyers living in Portugal.

Abroad against residents
+7.0%

People and new homes

In 2025 the population grew by 236 while 45 homes were finished: 5.2 new residents for every new home.

New residents per new home, 2025
5.2
Population change, 2025
+236

Empty homes

13.8% of the 13,228 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
13.8%
Empty homes
1,832

Renovation

In 2025, 10% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
10%
Reconstructions per 100 new buildings
0.0

Public housing works

Public bodies signed €1.4M of housing works here in 2025, and €1.5M since 2012.

Signed in 2025
€1.4M
Per resident, 2025
€53

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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