Pinhel · report
Past price cycles in Pinhel
Asking prices have fallen by 3% or more 4 times since 2023. The deepest began in November 2024.
- Deepest fall
- −19.3%
- Recovery from the low
- Not yet
Prices in Pinhel and Portugal, indexed
Asking prices, both set to 100 in May 2023.
- Pinhel
- Portugal
- 100 = May 2023
Show the numbers
| Period | Pinhel | Portugal |
|---|---|---|
| Sep 2026 | 114.6 | 136.3 |
| Aug 2026 | 111.6 | 135.4 |
| Jul 2026 | 116.6 | 135.5 |
| Jun 2026 | 112.8 | 135.5 |
| May 2026 | 108.8 | 135.0 |
| Apr 2026 | 105.0 | 135.0 |
| Mar 2026 | 102.3 | 134.0 |
| Feb 2026 | 99.7 | 132.6 |
| Jan 2026 | 99.5 | 131.4 |
| Dec 2025 | 107.5 | 130.0 |
| Nov 2025 | 102.8 | 129.3 |
| Oct 2025 | 98.0 | 127.6 |
| Sep 2025 | 101.0 | 126.3 |
| Aug 2025 | 103.8 | 125.9 |
| Jul 2025 | 106.0 | 125.5 |
| Jun 2025 | 110.3 | 124.0 |
| May 2025 | 112.3 | 122.0 |
| Apr 2025 | 113.8 | 121.0 |
| Mar 2025 | 115.3 | 119.5 |
| Feb 2025 | 116.6 | 118.0 |
| Jan 2025 | 113.8 | 116.2 |
| Dec 2024 | 121.1 | 114.8 |
| Nov 2024 | 121.4 | 113.0 |
| Oct 2024 | 119.3 | 111.9 |
| Sep 2024 | 117.6 | 111.3 |
| Aug 2024 | 111.8 | 110.8 |
| Jul 2024 | 106.0 | 110.8 |
| Jun 2024 | 100.5 | 109.8 |
| May 2024 | 95.0 | 109.2 |
| Apr 2024 | 96.5 | 107.7 |
| Mar 2024 | 102.0 | 106.9 |
| Feb 2024 | 101.8 | 106.0 |
| Jan 2024 | 105.0 | 105.4 |
| Dec 2023 | 102.3 | 104.1 |
| Nov 2023 | 103.0 | 103.2 |
| Oct 2023 | 97.7 | 101.6 |
| Sep 2023 | 96.2 | 100.9 |
| Aug 2023 | 97.2 | 100.7 |
| Jul 2023 | 101.5 | 101.0 |
| Jun 2023 | 90.7 | 100.9 |
| May 2023 | 100.0 | 100.0 |
Every fall of 3% or more
From the peak to the lowest month after it, and how long prices took to get back.
| Peak | Low | Fall | Months falling | Months to recover |
|---|---|---|---|---|
| May 2023 | June 2023 | −9.3% | 1 | 1 |
| July 2023 | September 2023 | −5.2% | 2 | 2 |
| January 2024 | May 2024 | −9.6% | 4 | 2 |
| November 2024 | October 2025 | −19.3% | 11 | Not 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
| Period | Portugal | EU |
|---|---|---|
| Q2 2026 | 301.4 | 168.6 |
| Q1 2026 | 291.0 | 166.5 |
| Q4 2025 | 280.2 | 164.6 |
| Q3 2025 | 269.4 | 163.5 |
| Q2 2025 | 258.8 | 161.0 |
| Q1 2025 | 247.1 | 158.5 |
| Q4 2024 | 235.7 | 156.2 |
| Q3 2024 | 228.9 | 155.1 |
| Q2 2024 | 220.7 | 152.7 |
| Q1 2024 | 212.5 | 149.8 |
| Q4 2023 | 211.3 | 148.9 |
| Q3 2023 | 208.5 | 149.1 |
| Q2 2023 | 204.7 | 148.2 |
| Q1 2023 | 198.6 | 147.6 |
| Q4 2022 | 195.9 | 148.7 |
| Q3 2022 | 193.8 | 150.9 |
| Q2 2022 | 188.3 | 149.6 |
| Q1 2022 | 182.6 | 146.2 |
| Q4 2021 | 176.0 | 143.2 |
| Q3 2021 | 171.3 | 140.2 |
| Q2 2021 | 166.4 | 136.0 |
| Q1 2021 | 161.7 | 132.1 |
| Q4 2020 | 157.7 | 129.8 |
| Q3 2020 | 153.6 | 128.1 |
| Q2 2020 | 154.3 | 126.3 |
| Q1 2020 | 151.7 | 124.4 |
| Q4 2019 | 146.1 | 122.7 |
| Q3 2019 | 143.7 | 121.5 |
| Q2 2019 | 140.7 | 119.8 |
| Q1 2019 | 137.1 | 117.6 |
| Q4 2018 | 132.3 | 116.8 |
| Q3 2018 | 129.7 | 115.9 |
| Q2 2018 | 128.5 | 114.2 |
| Q1 2018 | 125.6 | 112.3 |
| Q4 2017 | 121.1 | 111.2 |
| Q3 2017 | 119.6 | 110.4 |
| Q2 2017 | 115.5 | 108.8 |
| Q1 2017 | 111.9 | 106.9 |
| Q4 2016 | 109.6 | 106.1 |
| Q3 2016 | 108.3 | 105.4 |
| Q2 2016 | 106.9 | 103.8 |
| Q1 2016 | 103.7 | 102.0 |
| Q4 2015 | 101.8 | 101.1 |
| Q3 2015 | 100.7 | 100.8 |
| Q2 2015 | 100.6 | 99.8 |
| Q1 2015 | 96.9 | 98.3 |
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 Pinhel
Asking prices have an 80% chance of landing between €477/m² and €623/m² by September 2027.
- Expected, September 2027
- €550/m²
- Chance of a rise
- 95%
At the median sale price, a 90 m² home costs €38,250. With 10% down and a 30-year mortgage, the payment is €145 a month. Banco de Portugal caps it at 50% of a household's net income.
- Payment, two incomes
- 7%
- Payment, one income
- 13%
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
- €265
- Owning per month
- €134
44.3% more homes were licensed for construction in the last 12 months than in an average year of the past decade.
- Licensed, 12 months
- 19
- Per 1,000 residents
- 2.4
Figures for Beiras e Serra da Estrela: Pinhel has no reliable figures of its own.
Over the last 12 months, buyers domiciled abroad paid 23.0% less per m² than buyers living in Portugal.
- Abroad against residents
- −23.0%
In 2025 the population grew by 20 while 11 homes were finished: 1.8 new residents for every new home.
- New residents per new home, 2025
- 1.8
- Population change, 2025
- +20
20.5% of the 8,098 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.
- Empty, 2021 census
- 20.5%
- Empty homes
- 1,664
In 2025, 0% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.
- Work on existing buildings, 2025
- 0%
- Reconstructions per 100 new buildings
- 0.0
Public bodies signed €1M of housing works here in 2025, and €2M since 2012.
- Signed in 2025
- €1M
- Per resident, 2025
- €129
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