In 2024, the average home price in the region of Alentejo, Portugal, is $312,000, at a price per square foot of $156. By comparison, the national average cost to buy a house in Portugal is $524,000, or $262 per square foot.
Real estate in Alentejo is sought-after by foreign and local buyers alike, and prices have changed by 12.3% compared to the previous year. Homes located in the most popular towns in Portugal, frequented by tourists, tend to be more valuable, while living in remote or lesser-known locations is typically more affordable.
Here’s how Alentejo property prices compare to other regions of Portugal:
Alentejo $312,000
Algarve $664,000
Metropolitan Lisbon $724,000
Center $286,000
North $430,000
Madeira $588,000
Azores $294,000
House prices in the cities and towns of Alentejo, in US dollars
The most expensive town to buy a house in Alentejo is Odemira, where a 2,000 square foot home costs on average $448,000. That’s a price per square foot of $224.
The most affordable place in Alentejo to buy a house, of the locations analyzed, is Crato, where you can purchase a 2,000 square foot home for as little as $86,000, or $43 per square foot, on average.
Real estate prices in Alentejo’s main cities and towns:
Abrantes $176,000
Alandroal $170,000
Aljustrel $156,000
Almeirim $234,000
Alpiarça $160,000
Beja $196,000
Benavente $320,000
Cartaxo $230,000
Castro Verde $194,000
Coruche $270,000
Crato $86,000
Cuba $138,000
Elvas $172,000
Entroncamento $216,000
Estremoz $172,000
Évora $412,000
Ferreira do Zêzere $158,000
Gavião $92,000
Golegã $198,000
Montemor-o-Novo $292,000
Mora $166,000
Moura $110,000
Nisa $96,000
Odemira $448,000
Ourém $202,000
Ponte de Sor $166,000
Redondo $160,000
Reguengos de Monsaraz $192,000
Rio Maior $226,000
Salvaterra de Magos $310,000
Santarém $242,000
Serpa $142,000
Tomar $230,000
Viana do Alentejo $202,000
Vidigueira $132,000
Vila Nova da Barquinha $174,000
Vila Viçosa $168,000
Ready to make Portugal your home? Find out all about how to buy a house in Portugal as a foreigner.
Alentejo Portugal property prices, in Euro
An average 200-square-meter house in Alentejo sells for around €305,000, or €1,525 per square meter. Property prices in Alentejo have changed by 12.3% compared to last year.
Of the locations analyzed, the priciest properties in Alentejo can be found in Odemira, going for €438,800, on average, or €2,194 per square meter.
On the other hand, the cheapest house prices in Alentejo are in Crato, where an average-sized home goes for €83,800. That is based on an average of €419 per square meter.
See how much it costs to buy property in other locations in Alentejo:
Abrantes €171,800
Alandroal €166,800
Aljustrel €152,400
Almeirim €229,200
Alpiarça €156,400
Beja €191,400
Benavente €313,400
Cartaxo €225,800
Castro Verde €189,400
Coruche €263,600
Crato €83,800
Cuba €134,200
Elvas €168,800
Entroncamento €211,000
Estremoz €167,400
Évora €402,400
Ferreira do Zêzere €155,200
Gavião €90,600
Golegã €194,200
Montemor-o-Novo €285,200
Mora €163,000
Moura €107,800
Nisa €93,400
Odemira €438,800
Ourém €196,800
Ponte de Sor €162,400
Redondo €156,800
Reguengos de Monsaraz €187,400
Rio Maior €221,800
Salvaterra de Magos €303,200
Santarém €237,200
Serpa €139,600
Tomar €225,800
Viana do Alentejo €197,400
Vidigueira €130,000
Vila Nova da Barquinha €171,000
Vila Viçosa €164,200
Home prices vary depending on the condition of the property, the size of the home, and, of course, the location. For example, apartments and homes located in historic town centers tend to be more expensive than in other areas of the town, partly because of their proximity to amenities and partly because of their higher rental value. Moreover, properties in need of extensive renovation are typically priced much lower than those that are in move-in condition.
Methodology:
- When using or citing this data, please give credit with a link to My Dolce Casa
- Home price data source: Idealista.pt valid as of the date of this report
- Original prices published in euros per square meter
- Euros converted to U.S. dollars at an exchange rate valid as of the date of this report
- Square meters converted to square feet
- The average price of a 2,000 square foot home was calculated by multiplying the price per square foot in USD by 2,000
- The average price of a 200 square meter home was calculated by multiplying the price per square meter in Euro by 200
