Alentejo at the top of the cheapest areas to buy a house in Portugal

The village of Nisa, in Portalegre, Alentejo is the cheapest area to buy a house in Portugal, according to a study by Idealista News published at the end of January 2023 and which evaluates the 25 cheapest municipalities to buy a house in Portugal

 

In Alto Alentejo, Nisa, located in the district of Portalegre, occupies first place in the ranking of the 25 cheapest places to buy a home in Portugal. The Idealista News study reveals that on average – and in 2022 – the square meter (euros/m2) was fixed at 420 euros. If we compare these values with Lisbon, for example, where last year an average of 3,642 euros/m2 (square meter) was estimated, it is easy to understand the lag in the real estate market.

The district of Portalegre appears several times in the ranking, but in different positions: if on the one hand Nisa is the cheapest place, on the other hand, Alter do Chão in the same geographical area parades in last place.

The Idealista News ranking of the cheapest municipalities to buy a house in Portugal is as follows (m2 means square meter)

1. Portalegre – Nisa (420 euros/m2)
2. Castelo Branco – Penamacor (431 euros/m2);
3. Coimbra – Góis (457 euros/m2)
4. Portalegre – Border (471 euros/m2)
5. Coimbra – Penacova (472 euros/m2)
6. Guarda – Sabugal (492 euros/m2)
7. Portalegre – Crato (501 euros/m2)
8. Viseu – Nelas (505 euros/m2)
9. Coimbra – Arganil (509 euros/m2)
10. Coimbra – Penela (510 euros/m2)
11. Portalegre – Gavião (515 euros/m2)
12. Coimbra – Pampilhosa da Serra ((524 euros/m2)
13. Castelo Branco – Idanha-a-Nova (528 euros/m2)
14. Castelo Branco – Proença-a-Nova ((530 euros/m2)
15. Portalegre – Monforte (533 euros/m2),
16. Santarém – Mação (535 euros/m2)
17. Portalegre – Avis (544 euros/m2)
18. Viana do Castelo – Melgaço (545 euros/m2)
19. Guarda – Gouveia ((546 euros/m2)
20. Guard – Celorico da Beira ( (548 euros/m2),
21. Viseu – Cinfães(549 euros/m2)
22. Viseu – Santa Comba Dão (556 euros/m2),
23. Leiria – Castanheira de Pera (560 euros/m2)
24. Santarém – Chamusca, in Santarém (566 euros/m2)
25. Portalegre – Alter do Chão (569 euros/m2)