When looking for your dream home overseas location is a big factor but so is the price point for you budget and you may need to look at various areas to find an affordable property
Houses have become more expensive in almost all major cities, with Beja leading the rise, reveals data from idealista.
According to idealista, house prices for sale in February rose in 18 district capitals, with Beja (21%), Setúbal (16.9%) and Vila Real (16.6%) leading the list. House prices also rose in Santarém (15.5%), Évora (15.3%), Bragança (13.1%), Ponta Delgada (12.6%), Leiria (12.2%), Funchal (9.8%), Viseu (9.2%), Coimbra (9.1%), Braga (8.9%), Portalegre (7.7%), Guarda (7%) and Faro (5%), Porto (3.6%), Viana do Castelo (3%) and Castelo Branco (2.8%).
There were two large cities where the cost of housing remained practically stable: Aveiro (0.1%) and Lisbon (-0.4%), according to the same data from idealista.
Lisbon continues to be the city where it is most expensive to buy a house: 5,515 euros/m2. Porto (3,643 euros/m2) and Funchal (3,528 euros/m2) occupy the second and third places, respectively.
Next come Faro (3,069 euros/m2), Setúbal (2,673 euros/m2), Aveiro (2,475 euros/m2), Évora (2,370 euros/m2), Ponta Delgada (2,052 euros/m2), Coimbra (2,033 euros/m2), Braga (1,953 euros/m2), Viana do Castelo (1,934 euros/m2), Leiria (1,624 euros/m2), Viseu (1,559 euros/m2) and Vila Real (1,446 euros/m2).
The most affordable cities to buy a house in Portugal are: Guarda (851 euros/m2), Castelo Branco (893 euros/m2), Portalegre (903 euros/m2), Bragança (1,038 euros/m2), Beja (1,104 euros/m2) and Santarém (1,401 euros/m2).
If you are looking to buy a property in Portugal or Spain and need a mortgage, email mark@vci-network.com for the latest criteria