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Setúbal district · report

Foreign buyers in Setúbal district

Figures for Portugal: Setúbal district has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 33.5% more per m² than buyers living in Portugal.

Abroad against residents
+33.5%

What buyers from abroad paid against residents in Portugal

Median price per m² paid by buyers with tax domicile abroad, against buyers domiciled in Portugal, over 12 months.

  • Portugal
  • Same as residents
Show the numbers
PeriodPortugal
Q2 202633.5%
Q1 202635.0%
Q4 202534.8%
Q3 202535.6%
Q2 202534.9%
Q1 202537.3%
Q4 202439.2%
Q3 202439.7%
Q2 202442.3%
Q1 202444.2%
Q4 202348.4%
Q3 202351.7%
Q2 202353.6%
Q1 202354.4%
Q4 202253.9%
Q3 202259.0%
Q2 202262.8%
Q1 202264.2%
Q4 202165.4%
Q3 202159.4%
Q2 202156.9%
Q1 202160.8%
Q4 202065.6%
Q3 202068.6%
Q2 202067.8%
Q1 202067.2%
Q4 201969.0%

Price per m² by buyer, Portugal

  • Buyers domiciled abroad
  • Buyers domiciled in Portugal
Show the numbers
PeriodBuyers domiciled abroadBuyers domiciled in Portugal
Q2 2026€2,989/m²€2,239/m²
Q1 2026€2,894/m²€2,144/m²
Q4 2025€2,765/m²€2,051/m²
Q3 2025€2,668/m²€1,967/m²
Q2 2025€2,560/m²€1,897/m²
Q1 2025€2,496/m²€1,818/m²
Q4 2024€2,432/m²€1,747/m²
Q3 2024€2,346/m²€1,679/m²
Q2 2024€2,313/m²€1,626/m²
Q1 2024€2,303/m²€1,597/m²
Q4 2023€2,336/m²€1,574/m²
Q3 2023€2,337/m²€1,541/m²
Q2 2023€2,310/m²€1,504/m²
Q1 2023€2,280/m²€1,477/m²
Q4 2022€2,237/m²€1,454/m²
Q3 2022€2,250/m²€1,415/m²
Q2 2022€2,234/m²€1,372/m²
Q1 2022€2,166/m²€1,319/m²
Q4 2021€2,105/m²€1,273/m²
Q3 2021€1,966/m²€1,233/m²
Q2 2021€1,883/m²€1,200/m²
Q1 2021€1,894/m²€1,178/m²
Q4 2020€1,936/m²€1,169/m²
Q3 2020€1,930/m²€1,145/m²
Q2 2020€1,888/m²€1,125/m²
Q1 2020€1,849/m²€1,106/m²
Q4 2019€1,810/m²€1,071/m²

Who lives here

Foreign residents with legal status (INE, 2021 to 2023, when the series ended) and net migration, the people who moved in minus those who left.

Foreign residents, Setúbal district, 2023
106,353
10.9% of residents
Net migration, Setúbal district, 2025
+11,196
11.1 per 1,000 residents

Tax domicile is not nationality: a foreign citizen living in Portugal counts as resident, and a Portuguese emigrant buying from abroad counts as foreign. INE withholds the split where there are few sales, so smaller places show the nearest region that has it.

Other reports for Setúbal district

Asking prices have an 80% chance of landing between €3,563/m² and €3,995/m² by September 2027.

Expected, September 2027
€3,779/m²
Chance of a rise
96%

Figures for Portugal: Setúbal district has no reliable figures of its own.

At the bank valuation, a 90 m² home costs €205,020. With 10% down and a 30-year mortgage, the payment is €778 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
31%
Payment, one income
63%

Figures for Portugal: Setúbal district has no reliable figures of its own.

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
€878
Owning per month
€715

29.4% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
3,029
Per 1,000 residents
3.0

Asking prices have fallen by 3% or more once since 2015. That fall began in July 2015.

Deepest fall
−6.4%
Recovery from the low
9 months

In 2025 the population grew by 10,012 while 2,535 homes were finished: 3.9 new residents for every new home.

New residents per new home, 2025
3.9
Population change, 2025
+10,012

10.1% of the 477,444 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
10.1%
Empty homes
48,320

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
0.3

Public bodies signed €76.9M of housing works here in 2025, and €170.1M since 2012.

Signed in 2025
€76.9M
Per resident, 2025
€76

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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