Imofolio
Sign inGet started for free

Évora · report

Past price cycles in Évora

Bank valuations have fallen by 3% or more 8 times since 2015. The deepest began in October 2015.

Deepest fall
−11.7%
Recovery from the low
21 months

Prices in Évora and Portugal, indexed

Bank valuations, both set to 100 in February 2015.

  • Évora
  • Portugal
  • 100 = February 2015
Show the numbers
PeriodÉvoraPortugal
Sep 2026247.5301.3
Aug 2026245.9298.1
Jul 2026241.3296.3
Jun 2026241.8294.7
May 2026241.2292.1
Apr 2026237.5287.6
Mar 2026233.0284.5
Feb 2026231.6280.7
Jan 2026228.5278.4
Dec 2025225.9275.3
Nov 2025228.6272.5
Oct 2025226.2267.9
Sep 2025213.8263.9
Aug 2025209.4259.9
Jul 2025214.6257.3
Jun 2025218.4252.8
May 2025215.1249.5
Apr 2025204.6246.8
Mar 2025206.7244.3
Feb 2025201.1239.4
Jan 2025195.9234.7
Dec 2024191.2231.1
Nov 2024190.6230.2
Oct 2024188.9227.6
Sep 2024185.2224.2
Aug 2024179.4220.1
Jul 2024170.4216.7
Jun 2024174.5214.0
May 2024173.7213.0
Apr 2024178.3211.1
Mar 2024175.4209.0
Feb 2024179.4206.3
Jan 2024173.3205.0
Dec 2023172.9203.2
Nov 2023171.7202.4
Oct 2023171.8203.2
Sep 2023167.1203.8
Aug 2023164.6203.4
Jul 2023164.2201.7
Jun 2023167.1200.8
May 2023178.0199.7
Apr 2023174.5197.2
Mar 2023176.7196.2
Feb 2023175.3195.5
Jan 2023177.0196.4
Dec 2022173.3192.9
Nov 2022161.2191.7
Oct 2022159.5187.8
Sep 2022154.0189.0
Aug 2022153.6187.0
Jul 2022154.8187.4
Jun 2022155.5186.1
May 2022154.7182.5
Apr 2022155.0179.4
Mar 2022152.1176.1
Feb 2022151.7173.8
Jan 2022143.6170.9
Dec 2021142.9170.0
Nov 2021138.6168.3
Oct 2021139.4165.5
Sep 2021138.5163.5
Aug 2021134.7161.5
Jul 2021139.2161.5
Jun 2021139.9160.7
May 2021148.2160.3
Apr 2021139.1158.7
Mar 2021135.9157.0
Feb 2021128.6155.3
Jan 2021127.4154.8
Dec 2020122.8152.9
Nov 2020122.8151.3
Oct 2020124.5149.6
Sep 2020126.1149.2
Aug 2020126.5149.2
Jul 2020129.8149.1
Jun 2020133.5148.0
May 2020134.3147.4
Apr 2020130.2147.0
Mar 2020129.0146.8
Feb 2020127.3147.0
Jan 2020127.4145.9
Dec 2019128.2144.3
Nov 2019128.2142.3
Oct 2019130.2141.4
Sep 2019124.5141.0
Aug 2019126.1139.4
Jul 2019122.9138.1
Jun 2019125.1136.2
May 2019124.2135.3
Apr 2019124.1134.3
Mar 2019121.3133.1
Feb 2019120.5132.3
Jan 2019118.5130.0
Dec 2018118.5129.2
Nov 2018118.5128.0
Oct 2018117.2127.9
Sep 2018113.5126.9
Aug 2018109.1125.8
Jul 2018108.3124.5
Jun 2018110.3123.3
May 2018111.6122.9
Apr 2018116.6122.2
Mar 2018113.0121.7
Feb 2018110.1120.5
Jan 2018107.5119.3
Dec 2017101.0117.9
Nov 2017101.8117.6
Oct 2017100.7117.2
Sep 2017102.2116.5
Aug 2017102.2114.8
Jul 2017105.5113.9
Jun 2017104.8113.8
May 2017100.1113.4
Apr 201799.2113.0
Mar 2017100.0112.3
Feb 2017104.0112.0
Jan 2017101.0111.2
Dec 2016100.4110.2
Nov 201699.7109.3
Oct 201699.7108.5
Sep 201697.1107.9
Aug 201698.4107.7
Jul 201699.9106.6
Jun 2016100.9106.2
May 201697.5105.8
Apr 201694.3105.0
Mar 201695.2104.2
Feb 201695.6103.8
Jan 201699.5103.8
Dec 2015102.2104.2
Nov 2015105.4103.6
Oct 2015106.7103.2
Sep 2015105.4102.8
Aug 2015100.3102.4
Jul 201598.8102.6
Jun 201598.4101.7
May 2015101.5101.6
Apr 2015102.9100.5
Mar 2015102.9100.0
Feb 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
April 2015June 2015−4.4%23
October 2015April 2016−11.7%621
April 2018July 2018−7.1%33
May 2020November 2020−8.6%64
May 2021August 2021−9.1%36
May 2023July 2023−7.7%27
February 2024July 2024−5.0%51
June 2025August 2025−4.1%22

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 Évora

Next 12 months

Asking prices have an 80% chance of landing between €2,908/m² and €3,268/m² by September 2027.

Expected, September 2027
€3,088/m²
Chance of a rise
100%

Affordability

At the bank valuation, a 90 m² home costs €205,560. With 10% down and a 30-year mortgage, the payment is €780 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
28%
Payment, one income
55%

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
€785
Owning per month
€735

Asking against valuation

Sellers ask 17.7% more than banks value homes at. A year ago the gap was +23.1%.

Gap today
+17.7%
Change in a year
−5.4 pp

New homes

12.5% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
71
Per 1,000 residents
1.2

Foreign buyers

Over the last 12 months, buyers domiciled abroad paid 57.4% more per m² than buyers living in Portugal.

Abroad against residents
+57.4%

People and new homes

In 2025 the population fell by 94 while 41 homes were finished.

Homes finished, 2025
41
Population change, 2025
−94

Empty homes

14.5% of the 29,755 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
14.5%
Empty homes
4,304

Renovation

In 2025, 27% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
27%
Reconstructions per 100 new buildings
0.0

Public housing works

Public bodies signed €48.6K of housing works here in 2025, and €516.9K since 2012.

Signed in 2025
€48.6K
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.

Made with Imofolio · imofolio.com/en/market/portugal/evora/cycles

Selling homes in Portugal? Keep the whole sale in one place.

Imofolio is the CRM for estate agents and agencies: properties, buyers, viewings, proposals and your own website, from the first enquiry to the closing.

Try free for 3 daysTalk to the team