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Mira · report

Past price cycles in Mira

Asking prices have fallen by 3% or more 6 times since 2016. The deepest began in January 2016.

Deepest fall
−14.8%
Recovery from the low
12 months

Prices in Mira and Portugal, indexed

Asking prices, both set to 100 in January 2016.

  • Mira
  • Portugal
  • 100 = January 2016
Show the numbers
PeriodMiraPortugal
Sep 2026168.7284.7
Aug 2026169.2282.8
Jul 2026169.8283.1
Jun 2026178.8283.2
May 2026187.9282.0
Apr 2026186.0282.0
Mar 2026183.5279.9
Feb 2026181.1277.0
Jan 2026171.9274.4
Dec 2025173.3271.6
Nov 2025170.5270.1
Oct 2025170.8266.6
Sep 2025167.3263.9
Aug 2025164.0263.1
Jul 2025163.9262.1
Jun 2025164.6259.1
May 2025166.1254.9
Apr 2025165.4252.8
Mar 2025168.4249.7
Feb 2025167.6246.5
Jan 2025167.4242.8
Dec 2024166.7239.9
Nov 2024159.9236.2
Oct 2024153.1233.7
Sep 2024146.2232.5
Aug 2024149.4231.6
Jul 2024152.5231.4
Jun 2024155.6229.5
May 2024154.3228.2
Apr 2024152.4225.0
Mar 2024153.1223.3
Feb 2024154.9221.5
Jan 2024159.8220.3
Dec 2023164.0217.5
Nov 2023163.6215.6
Oct 2023168.6212.3
Sep 2023166.4210.8
Aug 2023158.4210.3
Jul 2023150.2211.0
Jun 2023142.2210.8
May 2023134.1208.9
Apr 2023128.7208.0
Mar 2023123.3206.1
Feb 2023126.5205.0
Jan 2023123.0203.7
Dec 2022118.9202.7
Nov 2022115.8202.3
Oct 2022111.4199.2
Sep 2022117.9198.1
Aug 2022114.8197.7
Jul 2022118.4197.4
Jun 2022116.8197.4
May 2022121.5197.1
Apr 2022115.9196.0
Mar 2022110.2196.1
Feb 2022110.1195.2
Jan 2022107.8194.4
Dec 2021104.2194.2
Nov 2021105.4193.7
Oct 2021108.3192.5
Sep 2021111.6190.2
Aug 2021114.9189.4
Jul 2021113.6188.7
Jun 2021115.7187.0
May 2021113.5185.9
Apr 2021114.4184.9
Mar 2021119.4184.8
Feb 2021113.3184.2
Jan 2021114.3184.7
Dec 2020118.3183.5
Nov 2020118.8182.0
Oct 2020117.3179.7
Sep 2020115.3177.7
Aug 2020119.3176.7
Jul 2020115.8175.7
Jun 2020112.3176.5
May 2020108.7177.2
Apr 2020105.2178.1
Mar 2020101.6176.4
Feb 202098.0175.2
Jan 202094.4173.2
Dec 201990.9174.3
Nov 201986.9173.4
Oct 201986.9172.9
Sep 201986.4172.7
Aug 201990.9172.8
Jul 201989.9172.9
Jun 201991.5170.3
May 201991.4166.3
Apr 201988.1162.7
Mar 201985.2160.9
Feb 201986.5158.9
Jan 201987.7157.2
Dec 201887.7156.8
Nov 201888.0155.6
Oct 201888.2153.7
Sep 201889.8150.2
Aug 201893.0147.4
Jul 201891.2146.9
Jun 201891.6143.7
May 201890.5142.3
Apr 201891.2139.3
Mar 201891.1137.9
Feb 201894.3137.3
Jan 201894.5135.2
Dec 201792.9135.5
Nov 201793.3134.0
Oct 201787.7132.0
Sep 201788.6129.2
Aug 201788.0127.4
Jul 201788.4125.2
Jun 201790.3123.5
May 201791.7120.7
Apr 201793.0120.5
Mar 201790.6119.2
Feb 201788.0117.3
Jan 201785.7115.9
Dec 201686.7114.9
Nov 201687.6114.2
Oct 201688.6111.9
Sep 201691.1108.8
Aug 201692.1105.9
Jul 201694.5102.3
Jun 201695.0102.2
May 201695.5101.1
Apr 201698.2100.5
Mar 201697.5101.4
Feb 201698.9101.1
Jan 2016100.0100.0

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
January 2016March 2019−14.8%3812
August 2020February 2021−5.0%61
March 2021December 2021−12.7%95
May 2022October 2022−8.3%53
October 2023September 2024−13.3%1113
May 2026September 2026−10.2%4Not 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 Mira

Next 12 months

Asking prices have an 80% chance of landing between €1,269/m² and €1,886/m² by September 2027.

Expected, September 2027
€1,578/m²
Chance of a rise
28%

Affordability

At the median sale price, a 90 m² home costs €140,670. With 10% down and a 30-year mortgage, the payment is €534 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
23%
Payment, one income
45%

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
€567
Owning per month
€494

New homes

7.3% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
63
Per 1,000 residents
5.0

Foreign buyers

Figures for Região de Coimbra: Mira has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 10.7% less per m² than buyers living in Portugal.

Abroad against residents
−10.7%

People and new homes

In 2025 the population grew by 77 while 56 homes were finished: 1.4 new residents for every new home.

New residents per new home, 2025
1.4
Population change, 2025
+77

Empty homes

14.5% of the 8,851 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
14.5%
Empty homes
1,281

Renovation

In 2025, 20% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
20%
Reconstructions per 100 new buildings
0.0

Public housing works

Public bodies signed €4M of housing works here in 2025, and €4.8M since 2012.

Signed in 2025
€4M
Per resident, 2025
€317

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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