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Tomar · report

Past price cycles in Tomar

Bank valuations have fallen by 3% or more 11 times since 2017. The deepest began in May 2020.

Deepest fall
−19.7%
Recovery from the low
16 months

Prices in Tomar and Portugal, indexed

Bank valuations, both set to 100 in April 2017.

  • Tomar
  • Portugal
  • 100 = April 2017
Show the numbers
PeriodTomarPortugal
Sep 2026232.8266.7
Aug 2026220.6263.9
Jul 2026219.3262.3
Jun 2026211.0260.9
May 2026201.5258.5
Apr 2026191.2254.6
Mar 2026188.0251.9
Feb 2026195.8248.5
Jan 2026210.0246.5
Dec 2025206.2243.7
Nov 2025200.9241.2
Oct 2025202.0237.1
Sep 2025186.9233.6
Aug 2025177.0230.1
Jul 2025176.5227.8
Jun 2025180.2223.8
May 2025190.8220.8
Apr 2025167.7218.5
Mar 2025176.0216.3
Feb 2025159.4211.9
Jan 2025170.3207.7
Dec 2024157.8204.6
Nov 2024162.5203.7
Oct 2024165.2201.5
Sep 2024158.0198.5
Aug 2024153.3194.8
Jul 2024149.1191.8
Jun 2024149.3189.5
May 2024150.5188.5
Apr 2024153.0186.9
Mar 2024148.5185.0
Feb 2024154.2182.7
Jan 2024148.2181.5
Dec 2023150.7179.9
Nov 2023140.2179.2
Oct 2023142.4179.9
Sep 2023135.2180.4
Aug 2023137.2180.1
Jul 2023121.9178.6
Jun 2023122.0177.8
May 2023127.4176.8
Apr 2023129.9174.6
Mar 2023134.0173.7
Feb 2023145.7173.1
Jan 2023145.7173.9
Dec 2022137.1170.7
Nov 2022129.2169.7
Oct 2022120.6166.3
Sep 2022120.7167.3
Aug 2022117.7165.6
Jul 2022115.9165.9
Jun 2022111.8164.8
May 2022119.5161.6
Apr 2022118.9158.8
Mar 2022119.7155.9
Feb 2022121.8153.9
Jan 2022119.9151.3
Dec 2021119.8150.5
Nov 2021108.9148.9
Oct 2021106.6146.5
Sep 2021105.7144.7
Aug 2021103.3143.0
Jul 2021105.8143.0
Jun 2021106.0142.3
May 2021110.9141.9
Apr 2021110.9140.5
Mar 2021111.4139.0
Feb 2021110.9137.5
Jan 2021113.3137.0
Dec 2020106.4135.4
Nov 2020108.0134.0
Oct 202096.9132.4
Sep 2020105.6132.1
Aug 2020104.9132.1
Jul 2020107.2132.0
Jun 2020110.2131.0
May 2020120.7130.4
Apr 2020106.0130.1
Mar 2020103.9130.0
Feb 2020100.8130.1
Jan 2020102.3129.2
Dec 201998.7127.8
Nov 201996.1126.0
Oct 201994.6125.2
Sep 2019100.0124.8
Aug 2019101.2123.4
Jul 2019105.7122.2
Jun 2019103.6120.6
May 2019106.4119.8
Apr 2019104.0118.9
Mar 2019102.3117.8
Feb 201990.8117.1
Jan 201989.8115.1
Dec 201890.2114.4
Nov 201891.6113.3
Oct 201897.1113.2
Sep 201896.7112.3
Aug 201894.4111.4
Jul 201896.4110.2
Jun 201897.9109.1
May 201897.7108.8
Apr 201897.2108.2
Mar 201890.6107.7
Feb 201891.2106.7
Jan 201889.8105.6
Dec 201789.0104.3
Nov 201790.2104.1
Oct 201789.1103.7
Sep 201786.1103.2
Aug 201782.2101.6
Jul 201783.9100.8
Jun 201792.2100.7
May 201792.6100.4
Apr 2017100.0100.0

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
April 2017August 2017−17.8%419
May 2019October 2019−11.1%57
May 2020October 2020−19.7%516
February 2022June 2022−8.2%45
February 2023July 2023−16.3%55
February 2024March 2024−3.7%16
October 2024December 2024−4.5%21
January 2025February 2025−6.4%11
March 2025April 2025−4.7%11
May 2025July 2025−7.5%23
January 2026March 2026−10.4%23

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 Tomar

Asking prices have an 80% chance of landing between €1,632/m² and €2,038/m² by September 2027.

Expected, September 2027
€1,835/m²
Chance of a rise
99%

At the bank valuation, a 90 m² home costs €157,770. With 10% down and a 30-year mortgage, the payment is €599 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
24%
Payment, one income
49%

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
€650
Owning per month
€430

Sellers ask 15.3% less than banks value homes at. A year ago the gap was −14.1%.

Gap today
−15.3%
Change in a year
−1.2 pp

74.3% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
69
Per 1,000 residents
1.8

Figures for Médio Tejo: Tomar has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 9.9% less per m² than buyers living in Portugal.

Abroad against residents
−9.9%

In 2025 the population grew by 99 while 43 homes were finished: 2.3 new residents for every new home.

New residents per new home, 2025
2.3
Population change, 2025
+99

17.1% of the 26,061 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
17.1%
Empty homes
4,456

In 2025, 9% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
9%
Reconstructions per 100 new buildings
0.0

Public bodies signed €2.8M of housing works here in 2025, and €10.3M since 2012.

Signed in 2025
€2.8M
Per resident, 2025
€73

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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