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Castelo Branco · report

Past price cycles in Castelo Branco

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

Deepest fall
−27.4%
Recovery from the low
44 months

Prices in Castelo Branco and Portugal, indexed

Bank valuations, both set to 100 in January 2011.

  • Castelo Branco
  • Portugal
  • 100 = January 2011
Show the numbers
PeriodCastelo BrancoPortugal
Sep 2026174.3259.7
Aug 2026171.3257.0
Jul 2026169.6255.4
Jun 2026170.8254.0
May 2026166.0251.8
Apr 2026166.5247.9
Mar 2026164.4245.3
Feb 2026163.7242.0
Jan 2026166.3240.0
Dec 2025166.8237.3
Nov 2025167.2234.9
Oct 2025156.6230.9
Sep 2025154.4227.5
Aug 2025151.7224.1
Jul 2025146.8221.8
Jun 2025145.6217.9
May 2025145.3215.1
Apr 2025145.8212.8
Mar 2025140.8210.6
Feb 2025134.3206.4
Jan 2025132.9202.3
Dec 2024132.9199.2
Nov 2024134.7198.4
Oct 2024136.6196.2
Sep 2024136.5193.3
Aug 2024137.7189.7
Jul 2024140.2186.8
Jun 2024142.4184.5
May 2024142.5183.6
Apr 2024134.0182.0
Mar 2024136.6180.2
Feb 2024134.1177.9
Jan 2024131.6176.7
Dec 2023127.5175.1
Nov 2023129.7174.5
Oct 2023131.8175.1
Sep 2023126.3175.7
Aug 2023124.4175.4
Jul 2023122.0173.9
Jun 2023122.9173.1
May 2023130.9172.2
Apr 2023126.3170.0
Mar 2023126.0169.1
Feb 2023114.3168.5
Jan 2023118.2169.3
Dec 2022115.1166.2
Nov 2022116.4165.2
Oct 2022117.3161.9
Sep 2022122.9162.9
Aug 2022128.8161.2
Jul 2022127.6161.6
Jun 2022121.6160.4
May 2022124.2157.4
Apr 2022118.2154.6
Mar 2022117.3151.8
Feb 2022115.8149.8
Jan 2022116.1147.3
Dec 2021117.7146.5
Nov 2021109.7145.0
Oct 2021115.2142.6
Sep 2021113.7140.9
Aug 2021117.7139.2
Jul 2021113.7139.2
Jun 2021113.7138.5
May 2021107.5138.2
Apr 2021106.9136.8
Mar 2021104.9135.3
Feb 2021107.5133.9
Jan 2021101.3133.4
Dec 2020102.4131.8
Nov 2020102.5130.4
Oct 2020110.6129.0
Sep 2020109.5128.6
Aug 2020112.3128.6
Jul 2020116.0128.5
Jun 2020115.7127.6
May 2020107.4127.0
Apr 2020107.1126.7
Mar 2020106.2126.6
Feb 2020103.4126.7
Jan 202099.4125.8
Dec 201999.6124.4
Nov 2019100.6122.7
Oct 2019102.4121.9
Sep 2019103.5121.6
Aug 2019102.8120.2
Jul 2019103.0119.0
Jun 2019103.4117.4
May 2019104.1116.6
Apr 2019102.7115.7
Mar 201996.5114.7
Feb 201996.5114.0
Jan 201992.3112.1
Dec 2018104.3111.4
Nov 201898.5110.4
Oct 2018100.0110.3
Sep 201893.2109.4
Aug 201893.9108.4
Jul 201893.1107.3
Jun 201897.6106.3
May 201897.0105.9
Apr 201897.6105.4
Mar 201899.6104.9
Feb 201899.6103.9
Jan 201896.9102.9
Dec 201794.5101.6
Nov 201793.4101.4
Oct 201789.4101.0
Sep 201790.3100.5
Aug 201793.199.0
Jul 201793.198.2
Jun 201788.698.1
May 201786.997.7
Apr 201786.397.4
Mar 201788.096.8
Feb 201785.796.6
Jan 201785.795.9
Dec 201683.995.0
Nov 201682.194.2
Oct 201684.293.5
Sep 201684.893.0
Aug 201683.392.8
Jul 201682.791.9
Jun 201680.891.6
May 201684.591.2
Apr 201685.790.5
Mar 201684.689.9
Feb 201684.689.5
Jan 201680.489.5
Dec 201583.889.9
Nov 201581.789.3
Oct 201581.188.9
Sep 201585.588.6
Aug 201582.688.3
Jul 201583.688.5
Jun 201578.987.7
May 201577.587.6
Apr 201573.986.7
Mar 201588.286.2
Feb 201585.586.2
Jan 201579.686.2
Dec 201476.285.6
Nov 201476.885.6
Oct 201481.186.2
Sep 201484.588.0
Aug 201481.488.4
Jul 201476.787.0
Jun 201480.585.3
May 201486.484.2
Apr 201492.383.9
Mar 201495.184.3
Feb 201491.185.7
Jan 201485.586.7
Dec 201384.687.0
Nov 201388.286.9
Oct 201386.187.2
Sep 201384.387.0
Aug 201380.886.8
Jul 201388.986.5
Jun 201390.787.1
May 201388.386.4
Apr 201385.485.3
Mar 201385.284.6
Feb 201384.985.1
Jan 201384.386.5
Dec 201284.987.8
Nov 201286.388.3
Oct 201293.488.7
Sep 201299.189.4
Aug 201295.089.4
Jul 201292.889.7
Jun 201287.190.2
May 201284.391.2
Apr 201283.092.8
Mar 201283.992.5
Feb 201289.792.4
Jan 201286.692.2
Dec 201186.693.3
Nov 201180.894.5
Oct 201183.295.0
Sep 201193.696.2
Aug 201193.997.1
Jul 201199.797.9
Jun 201199.799.4
May 2011100.1101.4
Apr 2011100.3102.6
Mar 2011100.3102.4
Feb 2011101.8101.1
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
February 2011April 2015−27.4%5044
December 2018January 2019−11.5%114
July 2020January 2021−12.6%67
August 2021November 2021−6.8%31
August 2022February 2023−11.2%63
May 2023July 2023−6.8%23
October 2023December 2023−3.3%22
May 2024December 2024−6.7%74

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 Castelo Branco

Asking prices have an 80% chance of landing between €1,023/m² and €1,274/m² by September 2027.

Expected, September 2027
€1,149/m²
Chance of a rise
73%

At the bank valuation, a 90 m² home costs €106,200. With 10% down and a 30-year mortgage, the payment is €403 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
16%
Payment, one income
31%

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
€479
Owning per month
€336

Sellers ask 7.6% less than banks value homes at. A year ago the gap was −4.4%.

Gap today
−7.6%
Change in a year
−3.2 pp

54.1% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
190
Per 1,000 residents
3.3

Over the last 12 months, buyers domiciled abroad paid 27.2% less per m² than buyers living in Portugal.

Abroad against residents
−27.2%

In 2025 the population grew by 263 while 156 homes were finished: 1.7 new residents for every new home.

New residents per new home, 2025
1.7
Population change, 2025
+263

13.0% of the 39,618 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
13.0%
Empty homes
5,154

In 2025, 6% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
6%
Reconstructions per 100 new buildings
1.6

Public bodies signed €6.6M of housing works here in 2025, and €14.5M since 2012.

Signed in 2025
€6.6M
Per resident, 2025
€113

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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