Data from Imovirtual shows that the average price of properties advertised reached €435,000, representing “a 1.4 per cent increase compared with June and a 2.4 per cent increase compared with July 2025.” As for the rental market, the same data indicates that “the average rent has risen to €1,350 per month, up 3.8% on June and on the same period in 2025.”

The cities of Lisbon and Porto are still showing signs of significant stabilisation, although “several intermediate and inland markets continue to stand out for having the highest price rises in the country.”

Mixed trends

Although price rises are being felt across the country, some regional disparities remain in this regard. Whilst Lisbon and Porto remain the country’s most expensive cities, Imovirtual reveals that “several inland districts and medium-sized towns continue to record higher growth rates, highlighting an increasingly widespread distribution of price rises across different regions of the country.”

Sylvia Bozzo, Marketing Manager at Imovirtual, states that “the July figures show a market that continues to appreciate, but in an increasingly uneven manner. The major centres maintain high prices, although they are showing signs of greater stabilisation, whilst several medium-sized and inland markets continue to record higher growth rates. This trend confirms that analysing the property market today requires an increasingly regionalised approach, where local dynamics are key to understanding price trends and interpreting the different market realities.”

In terms of sales, “the Centre stood out as the best-performing region, recording growth of 1.2% compared with June and 13.7% year-on-year, with the average price standing at €290,000.” Meanwhile, the South “maintained annual growth of 7.6 per cent, reaching an average price of €269,000, whilst the North saw prices rise by 5.7 per cent, despite a slight monthly decline of -1.3 per cent, with the average price standing at €295,000.”

At district level, Bragança once again leads the annual price rise, with a 36.8 per cent increase in prices, although the average house price stands at €130,000. “Portalegre (+24.2%; €149,000), Viseu (+17.1%; €250,000), Coimbra (+15.4%; €300,000), Leiria (+12.0%; €350,000) and Santarém (+12.0%; €280,000) all recorded performance above the national average, underlining the dynamism of several markets outside the main urban centres”, according to the press release sent to The Portugal News.

Lisbon remains the most expensive city

The country’s capital continues to be the city with the highest average house price in Portugal (€610,000), although it has seen an annual fall of 4.8 per cent. Porto is reported to have seen a monthly rise of 1 per cent, with average prices standing at €399,000. Faro is nonetheless the second most expensive district in Portugal “with an average price of €587,250, 8.8 per cent higher than a year ago.”

Rental market

The South has stood out as one of the country’s most dynamic regions, recording growth of 10 per cent, “both month-on-month and year-on-year, pushing the average rent up to €1,100 per month.” Whilst the North recorded positive annual growth of 12.5 per cent, with an average rent of €900 per month, the Centre “showed more moderate growth (+3.9 per cent), with the average rent standing at €800 per month.”

At district level, Beja saw the highest annual increase in rents (+25 per cent), with an average price of €750 per month. “Faro (+16.3 per cent; €1,500 per month), Viseu (+15.4 per cent; €750 per month), Viana do Castelo (+12.5%; €900 per month) and Leiria (+11.8%; €950 per month) stood out for their highest annual increases”, reports Imovirtual.

Once again, Lisbon stands out as the most expensive location, with an average rent of €1,699 per month. Even so, the market remains stable compared with June.