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Sousel · report

Past price cycles in Sousel

Asking prices have fallen by 3% or more 7 times since 2018. The deepest began in August 2021.

Deepest fall
−24.0%
Recovery from the low
18 months

Prices in Sousel and Portugal, indexed

Asking prices, both set to 100 in May 2018.

  • Sousel
  • Portugal
  • 100 = May 2018
Show the numbers
PeriodSouselPortugal
Sep 2026188.8200.0
Aug 2026174.4198.7
Jul 2026183.3198.9
Jun 2026182.9198.9
May 2026186.0198.1
Apr 2026181.8198.1
Mar 2026185.3196.7
Feb 2026188.6194.6
Jan 2026192.1192.8
Dec 2025184.7190.8
Nov 2025177.3189.8
Oct 2025173.1187.3
Sep 2025169.0185.4
Aug 2025176.0184.8
Jul 2025169.2184.1
Jun 2025168.0182.0
May 2025166.7179.1
Apr 2025168.0177.6
Mar 2025174.8175.5
Feb 2025166.9173.2
Jan 2025159.1170.6
Dec 2024151.4168.5
Nov 2024143.6165.9
Oct 2024135.7164.2
Sep 2024133.1163.3
Aug 2024130.2162.7
Jul 2024128.1162.6
Jun 2024125.0161.2
May 2024129.1160.3
Apr 2024122.7158.1
Mar 2024128.9156.9
Feb 2024125.2155.6
Jan 2024121.3154.8
Dec 2023115.5152.9
Nov 2023109.9151.5
Oct 2023104.1149.2
Sep 2023103.1148.1
Aug 2023103.5147.8
Jul 202396.5148.3
Jun 202394.6148.1
May 202399.2146.8
Apr 2023103.5146.2
Mar 2023108.1144.8
Feb 2023114.3144.1
Jan 2023113.6143.1
Dec 2022113.0142.4
Nov 2022108.1142.1
Oct 2022103.3140.0
Sep 202298.3139.2
Aug 202293.6138.9
Jul 202294.0138.7
Jun 202294.4138.7
May 202295.5138.5
Apr 202296.5137.7
Mar 2022101.2137.8
Feb 2022106.2137.2
Jan 2022111.0136.6
Dec 2021115.9136.4
Nov 2021117.6136.1
Oct 2021120.7135.3
Sep 2021115.5133.6
Aug 2021123.1133.1
Jul 2021118.0132.6
Jun 2021112.8131.4
May 2021107.4130.6
Apr 2021102.3129.9
Mar 202197.1129.9
Feb 2021100.4129.4
Jan 2021102.7129.7
Dec 2020102.9128.9
Nov 202096.9127.9
Oct 2020100.8126.3
Sep 2020102.1124.8
Aug 2020100.0124.2
Jul 2020100.8123.4
Jun 202098.6124.0
May 202096.5124.5
Apr 202094.6125.2
Mar 202094.6123.9
Feb 202093.6123.1
Jan 202097.9121.7
Dec 201997.3122.5
Nov 201997.3121.8
Oct 201998.1121.5
Sep 2019102.5121.3
Aug 2019101.2121.4
Jul 201997.9121.5
Jun 201998.8119.6
May 201997.9116.9
Apr 201996.5114.3
Mar 201996.3113.1
Feb 201993.8111.6
Jan 201991.3110.5
Dec 201889.0110.2
Nov 201889.5109.3
Oct 201892.4108.0
Sep 201896.9105.5
Aug 201899.2103.5
Jul 2018101.4103.2
Jun 2018105.0100.9
May 2018100.0100.0

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
June 2018December 2018−15.2%629
August 2021August 2022−24.0%1218
March 2024April 2024−4.8%11
May 2024June 2024−3.2%12
March 2025May 2025−4.6%23
August 2025September 2025−4.0%12
January 2026August 2026−9.2%7Not 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 Sousel

Next 12 months

Asking prices have an 80% chance of landing between €814/m² and €1,127/m² by September 2027.

Expected, September 2027
€970/m²
Chance of a rise
68%

Affordability

At the median sale price, a 90 m² home costs €57,960. With 10% down and a 30-year mortgage, the payment is €220 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
10%
Payment, one income
20%

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
€343
Owning per month
€203

New homes

0.9% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
2
Per 1,000 residents
0.4

Foreign buyers

Figures for Alto Alentejo: Sousel has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 24.0% more per m² than buyers living in Portugal.

Abroad against residents
+24.0%

People and new homes

In 2025 the population grew by 25 while 4 homes were finished: 6.3 new residents for every new home.

New residents per new home, 2025
6.3
Population change, 2025
+25

Empty homes

21.6% of the 3,674 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
21.6%
Empty homes
792

Renovation

In 2025, 33% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
33%
Reconstructions per 100 new buildings
33.3

Public housing works

Public bodies signed €150K of housing works here in 2012, and €150K since 2012.

Signed in 2012
€150K
Per resident, 2012
€33

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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