Imofolio

Santarém · report

Foreign buyers in Santarém

Over the last 12 months, buyers domiciled abroad paid 8.0% more per m² than buyers living in Portugal.

Abroad against residents
+8.0%

What buyers from abroad paid against residents in Santarém

Median price per m² paid by buyers with tax domicile abroad, against buyers domiciled in Portugal, over 12 months.

  • Santarém
  • Same as residents
Show the numbers
PeriodSantarém
Q1 20258.0%
Q4 20248.7%
Q3 2024-7.3%
Q2 2024-1.7%

Price per m² by buyer, Santarém

  • Buyers domiciled abroad
  • Buyers domiciled in Portugal
Show the numbers
PeriodBuyers domiciled abroadBuyers domiciled in Portugal
Q1 2025€1,316/m²€1,219/m²
Q4 2024€1,297/m²€1,193/m²
Q3 2024€1,032/m²€1,113/m²
Q2 2024€1,054/m²€1,072/m²

Who lives here

Foreign residents with legal status (INE, 2021 to 2023, when the series ended) and net migration, the people who moved in minus those who left.

Foreign residents, Santarém, 2023
5,790
8.7% of residents
Net migration, Santarém, 2025
+769
11.1 per 1,000 residents

Tax domicile is not nationality: a foreign citizen living in Portugal counts as resident, and a Portuguese emigrant buying from abroad counts as foreign. INE withholds the split where there are few sales, so smaller places show the nearest region that has it.

Other reports for Santarém

Asking prices have an 80% chance of landing between €1,752/m² and €2,118/m² by September 2027.

Expected, September 2027
€1,935/m²
Chance of a rise
82%

At the bank valuation, a 90 m² home costs €163,260. With 10% down and a 30-year mortgage, the payment is €619 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
26%
Payment, one income
51%

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
€694
Owning per month
€503

Sellers ask 0.5% less than banks value homes at. A year ago the gap was +3.8%.

Gap today
−0.5%
Change in a year
−4.3 pp

88.9% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
182
Per 1,000 residents
2.6

Bank valuations have fallen by 3% or more 7 times since 2014. The deepest began in October 2014.

Deepest fall
−15.7%
Recovery from the low
35 months

In 2025 the population grew by 464 while 50 homes were finished: 9.3 new residents for every new home.

New residents per new home, 2025
9.3
Population change, 2025
+464

16.2% of the 34,797 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
16.2%
Empty homes
5,651

In 2025, 16% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
16%
Reconstructions per 100 new buildings
7.4

Public bodies signed €5.2M of housing works here in 2025, and €5.8M since 2012.

Signed in 2025
€5.2M
Per resident, 2025
€75

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.

Made with Imofolio · imofolio.com/en/market/portugal/santarem/foreign

Selling homes in Portugal? Keep the whole sale in one place.

Imofolio is the CRM for estate agents and agencies: properties, buyers, viewings, proposals and your own website, from the first enquiry to the closing.