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Estarreja · report

Past price cycles in Estarreja

Asking prices have fallen by 3% or more 7 times since 2015. The deepest began in February 2016.

Deepest fall
−20.8%
Recovery from the low
12 months

Prices in Estarreja and Portugal, indexed

Asking prices, both set to 100 in August 2015.

  • Estarreja
  • Portugal
  • 100 = August 2015
Show the numbers
PeriodEstarrejaPortugal
Sep 2026249.8300.8
Aug 2026259.9298.9
Jul 2026261.0299.2
Jun 2026261.8299.3
May 2026261.1298.0
Apr 2026259.2298.0
Mar 2026250.3295.8
Feb 2026241.4292.7
Jan 2026231.7290.0
Dec 2025225.9287.0
Nov 2025223.5285.5
Oct 2025219.9281.7
Sep 2025223.2278.9
Aug 2025225.2278.0
Jul 2025215.0277.0
Jun 2025206.0273.8
May 2025214.4269.4
Apr 2025201.4267.2
Mar 2025206.3263.9
Feb 2025195.5260.5
Jan 2025195.0256.6
Dec 2024189.7253.5
Nov 2024188.9249.6
Oct 2024188.9247.0
Sep 2024187.9245.7
Aug 2024183.1244.7
Jul 2024185.9244.5
Jun 2024179.2242.5
May 2024175.9241.2
Apr 2024180.1237.7
Mar 2024175.4236.0
Feb 2024176.3234.1
Jan 2024173.8232.8
Dec 2023173.8229.9
Nov 2023170.5227.9
Oct 2023167.1224.4
Sep 2023163.6222.7
Aug 2023157.5222.3
Jul 2023151.4223.0
Jun 2023152.4222.8
May 2023160.5220.8
Apr 2023169.7219.9
Mar 2023158.9217.8
Feb 2023162.4216.7
Jan 2023171.9215.3
Dec 2022176.6214.3
Nov 2022174.1213.8
Oct 2022169.9210.5
Sep 2022163.9209.3
Aug 2022170.1208.9
Jul 2022166.9208.7
Jun 2022173.5208.6
May 2022177.6208.3
Apr 2022175.1207.2
Mar 2022171.9207.3
Feb 2022171.0206.3
Jan 2022170.1205.4
Dec 2021173.0205.2
Nov 2021175.9204.7
Oct 2021171.0203.4
Sep 2021172.4201.0
Aug 2021164.4200.2
Jul 2021165.7199.4
Jun 2021164.4197.7
May 2021168.2196.5
Apr 2021169.1195.4
Mar 2021163.9195.3
Feb 2021158.6194.7
Jan 2021153.4195.2
Dec 2020148.1193.9
Nov 2020154.1192.4
Oct 2020160.0189.9
Sep 2020154.7187.8
Aug 2020152.4186.8
Jul 2020145.5185.6
Jun 2020138.7186.6
May 2020131.8187.3
Apr 2020133.5188.3
Mar 2020135.1186.4
Feb 2020147.2185.2
Jan 2020144.7183.0
Dec 2019142.2184.2
Nov 2019140.4183.2
Oct 2019134.0182.8
Sep 2019127.4182.5
Aug 2019120.8182.7
Jul 2019119.1182.8
Jun 2019119.0180.0
May 2019115.0175.8
Apr 2019111.1171.9
Mar 2019107.2170.1
Feb 2019103.3167.9
Jan 201997.5166.2
Dec 2018101.1165.7
Nov 201896.1164.4
Oct 201898.3162.4
Sep 201899.2158.7
Aug 201895.1155.7
Jul 201891.1155.3
Jun 201890.3151.8
May 201885.9150.4
Apr 201885.7147.3
Mar 201889.5145.8
Feb 201890.3145.1
Jan 201894.4142.9
Dec 201796.2143.2
Nov 201795.5141.6
Oct 2017100.3139.5
Sep 2017102.7136.5
Aug 2017103.4134.7
Jul 2017101.6132.3
Jun 2017100.9130.6
May 201798.6127.6
Apr 2017103.1127.4
Mar 2017102.4126.0
Feb 2017105.6124.0
Jan 2017104.1122.5
Dec 2016103.8121.4
Nov 2016101.4120.7
Oct 2016100.3118.3
Sep 2016101.3115.0
Aug 2016100.9111.9
Jul 2016106.4108.1
Jun 2016105.3108.0
May 201699.8106.9
Apr 201699.8106.2
Mar 2016102.7107.2
Feb 2016108.3106.9
Jan 2016103.4105.7
Dec 2015103.3103.8
Nov 2015102.2102.1
Oct 2015104.2101.6
Sep 2015104.9100.9
Aug 2015100.0100.0

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 2016April 2018−20.8%2612
February 2020May 2020−10.4%33
October 2020December 2020−7.4%23
November 2021January 2022−3.3%24
May 2022July 2023−14.7%149
May 2025June 2025−3.9%11
June 2026September 2026−4.6%3Not 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 Estarreja

Asking prices have an 80% chance of landing between €1,439/m² and €1,848/m² by September 2027.

Expected, September 2027
€1,643/m²
Chance of a rise
62%

At the bank valuation, a 90 m² home costs €136,530. With 10% down and a 30-year mortgage, the payment is €518 a month. Banco de Portugal caps it at 50% of a household's net income.

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

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
€550
Owning per month
€419

Sellers ask 5.1% more than banks value homes at. A year ago the gap was +8.5%.

Gap today
+5.1%
Change in a year
−3.4 pp

26.0% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
64
Per 1,000 residents
2.3

Figures for Região de Aveiro: Estarreja has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 15.3% more per m² than buyers living in Portugal.

Abroad against residents
+15.3%

In 2025 the population grew by 151 while 43 homes were finished: 3.5 new residents for every new home.

New residents per new home, 2025
3.5
Population change, 2025
+151

14.4% of the 12,983 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
14.4%
Empty homes
1,874

In 2025, 9% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
9%
Reconstructions per 100 new buildings
0.0

Public bodies signed €1.2M of housing works here in 2025, and €1.2M since 2012.

Signed in 2025
€1.2M
Per resident, 2025
€42

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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