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Grândola · report

Buy or rent in Grândola

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
€1,002
Owning per month
€803

Try your own numbers

Starting from INE's median sale price of €2,543/m² and median new-lease rent of 11.1 €/m² a month in Grândola, and a mortgage rate of 3.0%.

Assumptions
90
3
1
IMI, insurance, maintenance and condominium.
3
What the deposit and purchase costs could earn if invested instead.
7
IMT, stamp duty, registration and fees, paid once.

Owning costs less each month than renting.

Rent a month
€1,002
Owning a month, not recovered
€803
Interest
€515
Running costs
€191
Return given up
€97
Cash out a month, if buying
€1,059

Gross rental yield in Grândola

A year's rent as a share of the sale price, from INE's medians. Higher means rent is dear compared with buying.

Show the numbers
PeriodGrândola
Q2 20265.3%
Q1 20265.0%
Q4 20255.3%
Q3 20255.8%
Q2 20256.1%
Q1 20256.4%
Q4 20246.0%
Q3 20244.6%
Q2 20244.8%
Q1 20244.4%
Q4 20234.2%
Q3 20234.1%
Q2 20234.2%
Q1 20234.3%
Q4 20224.1%
Q3 20224.0%
Q2 20223.9%
Q1 20223.7%
Q4 20213.7%
Q3 20214.0%
Q2 20213.9%
Q1 20214.6%
Q4 20204.8%
Q3 20204.8%
Q2 20204.8%
Q1 20205.1%

The comparison counts only the costs of owning you never get back: interest, running costs and what the deposit and purchase costs could earn elsewhere. Loan repayments build equity, so they are left out. So is any rise in the home's value, because nobody knows it in advance.

Other reports for Grândola

Asking prices have an 80% chance of landing between €5,484/m² and €6,386/m² by September 2027.

Expected, September 2027
€5,935/m²
Chance of a rise
88%

At the bank valuation, a 90 m² home costs €258,210. With 10% down and a 30-year mortgage, the payment is €980 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
43%
Payment, one income
85%

Sellers ask 92.4% more than banks value homes at. A year ago the gap was +87.5%.

Gap today
+92.4%
Change in a year
+4.9 pp

101.4% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
216
Per 1,000 residents
14.1

Over the last 12 months, buyers domiciled abroad paid 131.2% more per m² than buyers living in Portugal.

Abroad against residents
+131.2%

Asking prices have fallen by 3% or more 6 times since 2015. The deepest began in August 2015.

Deepest fall
−26.9%
Recovery from the low
14 months

In 2025 the population fell by 11 while 90 homes were finished.

Homes finished, 2025
90
Population change, 2025
−11

13.5% of the 12,531 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
13.5%
Empty homes
1,688

In 2025, 16% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
16%
Reconstructions per 100 new buildings
1.0

Public bodies signed €743.1K of housing works here in 2025, and €4M since 2012.

Signed in 2025
€743.1K
Per resident, 2025
€49

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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