In the 12 months ending in September 2022, houses sold in Portugal represented a median of 1,446 euros per square meter.
Between October 2021 and September 2022, the median value of family housing transacted in Portugal involving buyers with tax domicile abroad was 2,250 euros per square meter, according to INE data.
In the case of transactions by buyers with tax domicile in Portugal, the square metre cost 1,415 euros. Houses bought by non-residents are 835 euros (+50%) more expensive than those bought by residents.
In an analysis by city, Lisbon is where the “biggest difference” can be seen between the median price of transactions made by non-residents and residents: foreigners paid 5,294 euros/m2 and residents 3,643 euros/m2.