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Maia · report

Past price cycles in Maia

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

Deepest fall
−16.0%
Recovery from the low
20 months

Prices in Maia and Portugal, indexed

Bank valuations, both set to 100 in January 2011.

  • Maia
  • Portugal
  • 100 = January 2011
Show the numbers
PeriodMaiaPortugal
Sep 2026294.5259.7
Aug 2026295.2257.0
Jul 2026289.1255.4
Jun 2026284.4254.0
May 2026278.0251.8
Apr 2026273.6247.9
Mar 2026271.8245.3
Feb 2026267.6242.0
Jan 2026266.5240.0
Dec 2025262.3237.3
Nov 2025260.4234.9
Oct 2025256.0230.9
Sep 2025253.7227.5
Aug 2025253.1224.1
Jul 2025251.0221.8
Jun 2025245.7217.9
May 2025242.1215.1
Apr 2025236.0212.8
Mar 2025228.9210.6
Feb 2025226.1206.4
Jan 2025228.0202.3
Dec 2024225.9199.2
Nov 2024221.1198.4
Oct 2024217.0196.2
Sep 2024214.3193.3
Aug 2024213.3189.7
Jul 2024208.9186.8
Jun 2024207.7184.5
May 2024204.3183.6
Apr 2024202.1182.0
Mar 2024195.4180.2
Feb 2024192.2177.9
Jan 2024192.1176.7
Dec 2023191.6175.1
Nov 2023190.5174.5
Oct 2023188.4175.1
Sep 2023189.3175.7
Aug 2023188.9175.4
Jul 2023188.6173.9
Jun 2023189.0173.1
May 2023190.0172.2
Apr 2023189.7170.0
Mar 2023189.5169.1
Feb 2023187.5168.5
Jan 2023193.8169.3
Dec 2022191.2166.2
Nov 2022190.5165.2
Oct 2022176.9161.9
Sep 2022175.5162.9
Aug 2022177.0161.2
Jul 2022181.0161.6
Jun 2022182.9160.4
May 2022177.7157.4
Apr 2022174.6154.6
Mar 2022169.2151.8
Feb 2022168.4149.8
Jan 2022161.4147.3
Dec 2021158.6146.5
Nov 2021157.5145.0
Oct 2021157.6142.6
Sep 2021157.6140.9
Aug 2021154.0139.2
Jul 2021154.6139.2
Jun 2021153.8138.5
May 2021155.3138.2
Apr 2021153.5136.8
Mar 2021150.5135.3
Feb 2021148.2133.9
Jan 2021148.0133.4
Dec 2020148.0131.8
Nov 2020145.8130.4
Oct 2020144.0129.0
Sep 2020143.7128.6
Aug 2020146.8128.6
Jul 2020146.3128.5
Jun 2020144.3127.6
May 2020141.4127.0
Apr 2020141.1126.7
Mar 2020138.2126.6
Feb 2020136.6126.7
Jan 2020135.0125.8
Dec 2019136.0124.4
Nov 2019135.8122.7
Oct 2019136.3121.9
Sep 2019133.1121.6
Aug 2019132.2120.2
Jul 2019129.4119.0
Jun 2019128.9117.4
May 2019127.7116.6
Apr 2019125.5115.7
Mar 2019123.0114.7
Feb 2019122.2114.0
Jan 2019123.6112.1
Dec 2018124.1111.4
Nov 2018122.8110.4
Oct 2018120.8110.3
Sep 2018116.8109.4
Aug 2018115.5108.4
Jul 2018113.6107.3
Jun 2018111.7106.3
May 2018111.0105.9
Apr 2018108.7105.4
Mar 2018110.3104.9
Feb 2018110.0103.9
Jan 2018111.1102.9
Dec 2017108.9101.6
Nov 2017107.4101.4
Oct 2017104.6101.0
Sep 2017103.8100.5
Aug 2017102.699.0
Jul 2017103.598.2
Jun 2017102.998.1
May 2017103.897.7
Apr 2017103.897.4
Mar 2017102.796.8
Feb 2017100.496.6
Jan 2017101.095.9
Dec 2016101.395.0
Nov 2016101.394.2
Oct 201698.893.5
Sep 201695.693.0
Aug 201694.192.8
Jul 201693.391.9
Jun 201693.391.6
May 201694.691.2
Apr 201693.990.5
Mar 201693.389.9
Feb 201692.489.5
Jan 201692.189.5
Dec 201593.289.9
Nov 201591.689.3
Oct 201590.488.9
Sep 201589.188.6
Aug 201589.188.3
Jul 201587.888.5
Jun 201587.787.7
May 201586.487.6
Apr 201586.486.7
Mar 201584.486.2
Feb 201584.686.2
Jan 201586.186.2
Dec 201488.985.6
Nov 201488.885.6
Oct 201489.086.2
Sep 201491.588.0
Aug 201494.588.4
Jul 201494.087.0
Jun 201492.985.3
May 201493.484.2
Apr 201489.183.9
Mar 201485.384.3
Feb 201486.485.7
Jan 201486.986.7
Dec 201387.887.0
Nov 201386.486.9
Oct 201387.387.2
Sep 201386.687.0
Aug 201386.886.8
Jul 201386.886.5
Jun 201387.487.1
May 201386.186.4
Apr 201387.785.3
Mar 201388.284.6
Feb 201391.085.1
Jan 201393.386.5
Dec 201290.787.8
Nov 201291.988.3
Oct 201291.088.7
Sep 201291.789.4
Aug 201291.089.4
Jul 201290.489.7
Jun 201292.790.2
May 201295.691.2
Apr 201298.092.8
Mar 201295.692.5
Feb 201294.692.4
Jan 201298.092.2
Dec 201197.693.3
Nov 201198.294.5
Oct 201196.395.0
Sep 2011100.596.2
Aug 2011100.197.1
Jul 201199.597.9
Jun 201198.499.4
May 201197.9101.4
Apr 2011100.4102.6
Mar 2011100.0102.4
Feb 2011100.1101.1
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
September 2011March 2015−16.0%4220
June 2022September 2022−4.1%32
January 2023February 2023−3.2%113

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 Maia

Asking prices have an 80% chance of landing between €2,573/m² and €2,958/m² by September 2027.

Expected, September 2027
€2,766/m²
Chance of a rise
91%

At the bank valuation, a 90 m² home costs €217,080. With 10% down and a 30-year mortgage, the payment is €824 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
28%
Payment, one income
56%

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
€887
Owning per month
€807

Sellers ask 6.3% more than banks value homes at. A year ago the gap was +11.2%.

Gap today
+6.3%
Change in a year
−4.8 pp

106.8% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
1,034
Per 1,000 residents
7.3

Figures for Área Metropolitana do Porto: Maia has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 31.6% more per m² than buyers living in Portugal.

Abroad against residents
+31.6%

In 2025 the population grew by 456 while 447 homes were finished: 1.0 new residents for every new home.

New residents per new home, 2025
1.0
Population change, 2025
+456

8.2% of the 59,631 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
8.2%
Empty homes
4,874

In 2025, 26% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
26%
Reconstructions per 100 new buildings
0.0

Public bodies signed €19.8M of housing works here in 2025, and €71.9M since 2012.

Signed in 2025
€19.8M
Per resident, 2025
€139

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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