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Matosinhos · report

Past price cycles in Matosinhos

Bank valuations have fallen by 3% or more 9 times since 2011. The deepest began in November 2011.

Deepest fall
−22.7%
Recovery from the low
56 months

Prices in Matosinhos and Portugal, indexed

Bank valuations, both set to 100 in January 2011.

  • Matosinhos
  • Portugal
  • 100 = January 2011
Show the numbers
PeriodMatosinhosPortugal
Sep 2026302.8259.7
Aug 2026302.4257.0
Jul 2026294.5255.4
Jun 2026291.7254.0
May 2026290.3251.8
Apr 2026276.2247.9
Mar 2026273.3245.3
Feb 2026271.9242.0
Jan 2026277.0240.0
Dec 2025274.4237.3
Nov 2025271.5234.9
Oct 2025267.1230.9
Sep 2025258.1227.5
Aug 2025242.5224.1
Jul 2025240.2221.8
Jun 2025247.2217.9
May 2025248.2215.1
Apr 2025247.4212.8
Mar 2025241.4210.6
Feb 2025234.9206.4
Jan 2025226.6202.3
Dec 2024224.8199.2
Nov 2024220.9198.4
Oct 2024217.4196.2
Sep 2024211.2193.3
Aug 2024208.4189.7
Jul 2024206.7186.8
Jun 2024203.1184.5
May 2024207.3183.6
Apr 2024208.9182.0
Mar 2024208.5180.2
Feb 2024199.3177.9
Jan 2024196.4176.7
Dec 2023196.0175.1
Nov 2023198.2174.5
Oct 2023201.9175.1
Sep 2023206.8175.7
Aug 2023204.7175.4
Jul 2023199.1173.9
Jun 2023192.9173.1
May 2023194.7172.2
Apr 2023198.0170.0
Mar 2023199.0169.1
Feb 2023194.8168.5
Jan 2023194.7169.3
Dec 2022189.4166.2
Nov 2022189.0165.2
Oct 2022189.5161.9
Sep 2022195.9162.9
Aug 2022197.7161.2
Jul 2022198.0161.6
Jun 2022190.1160.4
May 2022184.9157.4
Apr 2022181.0154.6
Mar 2022179.6151.8
Feb 2022174.0149.8
Jan 2022167.3147.3
Dec 2021166.3146.5
Nov 2021166.4145.0
Oct 2021169.2142.6
Sep 2021166.8140.9
Aug 2021160.1139.2
Jul 2021162.3139.2
Jun 2021163.2138.5
May 2021164.9138.2
Apr 2021161.2136.8
Mar 2021160.8135.3
Feb 2021165.6133.9
Jan 2021163.4133.4
Dec 2020162.2131.8
Nov 2020158.5130.4
Oct 2020156.0129.0
Sep 2020153.7128.6
Aug 2020153.7128.6
Jul 2020150.5128.5
Jun 2020148.2127.6
May 2020144.7127.0
Apr 2020148.7126.7
Mar 2020149.4126.6
Feb 2020152.6126.7
Jan 2020147.8125.8
Dec 2019149.5124.4
Nov 2019148.4122.7
Oct 2019148.2121.9
Sep 2019142.1121.6
Aug 2019140.1120.2
Jul 2019137.2119.0
Jun 2019136.9117.4
May 2019136.9116.6
Apr 2019136.4115.7
Mar 2019135.8114.7
Feb 2019129.9114.0
Jan 2019125.2112.1
Dec 2018122.8111.4
Nov 2018123.5110.4
Oct 2018120.8110.3
Sep 2018123.1109.4
Aug 2018115.6108.4
Jul 2018121.3107.3
Jun 2018115.8106.3
May 2018115.6105.9
Apr 2018111.3105.4
Mar 2018111.5104.9
Feb 2018111.5103.9
Jan 2018112.4102.9
Dec 2017109.0101.6
Nov 2017106.3101.4
Oct 2017104.2101.0
Sep 2017104.1100.5
Aug 2017105.399.0
Jul 2017102.598.2
Jun 201799.398.1
May 201798.397.7
Apr 2017100.397.4
Mar 2017101.196.8
Feb 201798.096.6
Jan 201795.895.9
Dec 201696.295.0
Nov 201695.494.2
Oct 201693.293.5
Sep 201693.593.0
Aug 201695.092.8
Jul 201696.091.9
Jun 201695.491.6
May 201696.091.2
Apr 201696.090.5
Mar 201698.089.9
Feb 201693.589.5
Jan 201690.289.5
Dec 201587.989.9
Nov 201590.289.3
Oct 201589.288.9
Sep 201590.388.6
Aug 201587.088.3
Jul 201586.388.5
Jun 201584.687.7
May 201583.987.6
Apr 201583.486.7
Mar 201585.686.2
Feb 201588.386.2
Jan 201590.886.2
Dec 201485.385.6
Nov 201483.785.6
Oct 201484.886.2
Sep 201485.888.0
Aug 201486.288.4
Jul 201484.287.0
Jun 201483.085.3
May 201482.384.2
Apr 201482.683.9
Mar 201485.084.3
Feb 201486.385.7
Jan 201486.586.7
Dec 201384.587.0
Nov 201383.886.9
Oct 201384.887.2
Sep 201384.487.0
Aug 201385.986.8
Jul 201385.886.5
Jun 201387.987.1
May 201385.786.4
Apr 201387.285.3
Mar 201385.784.6
Feb 201381.885.1
Jan 201379.986.5
Dec 201279.987.8
Nov 201284.888.3
Oct 201283.788.7
Sep 201287.089.4
Aug 201287.289.4
Jul 201289.589.7
Jun 201290.190.2
May 201293.491.2
Apr 201294.892.8
Mar 201296.892.5
Feb 201297.192.4
Jan 2012100.192.2
Dec 2011102.493.3
Nov 2011103.494.5
Oct 2011103.495.0
Sep 201199.196.2
Aug 201195.997.1
Jul 201193.697.9
Jun 201197.499.4
May 2011102.5101.4
Apr 201198.2102.6
Mar 2011100.3102.4
Feb 201198.4101.1
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
May 2011July 2011−8.6%23
November 2011December 2012−22.7%1356
July 2018August 2018−4.7%11
February 2020May 2020−5.2%33
February 2021August 2021−3.3%61
July 2022November 2022−4.5%44
March 2023June 2023−3.0%31
September 2023December 2023−5.2%33
May 2025July 2025−3.2%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 Matosinhos

Asking prices have an 80% chance of landing between €3,358/m² and €4,066/m² by September 2027.

Expected, September 2027
€3,712/m²
Chance of a rise
55%

At the bank valuation, a 90 m² home costs €265,950. With 10% down and a 30-year mortgage, the payment is €1,009 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
36%
Payment, one income
73%

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
€1,123
Owning per month
€1,005

Sellers ask 24.4% more than banks value homes at. A year ago the gap was +41.9%.

Gap today
+24.4%
Change in a year
−17.5 pp

19.0% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
689
Per 1,000 residents
3.8

Over the last 12 months, buyers domiciled abroad paid 22.2% more per m² than buyers living in Portugal.

Abroad against residents
+22.2%

In 2025 the population grew by 298 while 678 homes were finished: 0.4 new residents for every new home.

New residents per new home, 2025
0.4
Population change, 2025
+298

8.5% of the 82,246 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
8.5%
Empty homes
7,022

In 2025, 24% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
24%
Reconstructions per 100 new buildings
1.1

Public bodies signed €1.9M of housing works here in 2025, and €103.9M since 2012.

Signed in 2025
€1.9M
Per resident, 2025
€10

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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