Housing Prices in Vila Real District Rise by 2.9% in August
The district of Vila Real, while remaining one of Portugal's most affordable regions for housing, has recorded a notable increase in property prices. According to the most recent price index from the real estate portal Idealista, the cost of housing in the district rose by 2.9% in August 2025 compared to the same month in 2024. The increase was more pronounced in the district capital, the city of Vila Real, where prices appreciated by 3.4% year-over-year.
The average price per square meter across the district of Vila Real is now €1,059. In the city of Vila Real, the average cost is higher, at €1,365 per square meter. Despite these increases, the region continues to be one of the most economical in the country for property acquisition. Only the districts of Guarda, with an average price of €785 per square meter, Portalegre at €869, and Bragança at €893, have lower housing costs.
These figures contrast with the national trend, where the average house price in Portugal saw a year-over-year increase of 8.4% in August, reaching €2,951 per square meter. On a quarterly basis, the national price rise was 3.5%. The regions with the most significant annual price hikes were the island of Porto Santo (23.9%), the island of São Miguel (17.9%), and the district of Santarém (17.7%).
Lisbon remains the most expensive district to purchase a home, with an average price of €4,502 per square meter, followed by Faro (€3,792) and the Autonomous Region of Madeira (€3,536). Among the district capitals, the 3.4% growth in Vila Real places it below the national average but reflects the overall trend of property value appreciation across the country.
In a ranking of the most affordable district capitals for buying a home, Vila Real is listed in fourth place. The city is preceded by Guarda, Bragança, and Beja. The data indicates that while the major metropolitan areas and tourist regions lead in terms of price levels, the trend of price increases is widespread, affecting even the most accessible markets in the Portuguese interior. This sustained growth in a region known for its affordability highlights the broad-based nature of the current real estate market dynamics in Portugal.
Stay informed on Lisbon property market developments at realestate-lisbon.com.
