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Mogadouro · report

Past price cycles in Mogadouro

Asking prices have fallen by 3% or more 3 times since 2023. The deepest began in April 2025.

Deepest fall
−13.2%
Recovery from the low
Not yet

Prices in Mogadouro and Portugal, indexed

Asking prices, both set to 100 in May 2023.

  • Mogadouro
  • Portugal
  • 100 = May 2023
Show the numbers
PeriodMogadouroPortugal
Sep 2026104.5136.3
Aug 2026110.4135.4
Jul 2026108.6135.5
Jun 2026112.2135.5
May 2026107.1135.0
Apr 2026110.0135.0
Mar 2026111.8134.0
Feb 2026106.1132.6
Jan 2026105.9131.4
Dec 2025101.8130.0
Nov 2025102.9129.3
Oct 2025108.2127.6
Sep 2025107.3126.3
Aug 2025106.1125.9
Jul 2025108.0125.5
Jun 2025111.0124.0
May 2025115.1122.0
Apr 2025117.3121.0
Mar 2025114.3119.5
Feb 2025114.1118.0
Jan 2025113.7116.2
Dec 2024110.4114.8
Nov 2024107.1113.0
Oct 202499.0111.9
Sep 2024100.2111.3
Aug 2024101.8110.8
Jul 2024103.1110.8
Jun 2024104.3109.8
May 2024104.5109.2
Apr 2024109.4107.7
Mar 2024106.9106.9
Feb 2024104.7106.0
Jan 2024104.5105.4
Dec 2023107.1104.1
Nov 2023104.9103.2
Oct 2023104.9101.6
Sep 202399.6100.9
Aug 202396.7100.7
Jul 2023106.3101.0
Jun 2023103.1100.9
May 2023100.0100.0

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
July 2023August 2023−9.0%14
April 2024October 2024−9.5%62
April 2025December 2025−13.2%8Not 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 Mogadouro

Asking prices have an 80% chance of landing between €386/m² and €544/m² by September 2027.

Expected, September 2027
€465/m²
Chance of a rise
22%

At the median sale price, a 90 m² home costs €32,220. With 10% down and a 30-year mortgage, the payment is €122 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
6%
Payment, one income
11%

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
€263
Owning per month
€113

53.6% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
9
Per 1,000 residents
1.1

Figures for Terras de Trás-os-Montes: Mogadouro has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 27.2% less per m² than buyers living in Portugal.

Abroad against residents
−27.2%

In 2025 the population grew by 2 while 16 homes were finished: 0.1 new residents for every new home.

New residents per new home, 2025
0.1
Population change, 2025
+2

13.4% of the 7,324 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
13.4%
Empty homes
979

In 2025, 11% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
11%
Reconstructions per 100 new buildings
5.9

Public bodies signed €2.7M of housing works here in 2018, and €2.7M since 2012.

Signed in 2018
€2.7M
Per resident, 2018
€330

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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