MARKET REPORT · 2026
What homes cost in Lisbon, Cascais and Oeiras
In Q1 2026 the median price of homes sold was €5,292/m² in Lisbon, €5,000/m² in Cascais and €4,511/m² in Oeiras, according to Statistics Portugal (INE). Nationwide it was €2,337/m², up 19.8% in a year.
Updated 13 November 2026 · Metastate, licensed real estate agency (AMI 22076)
Median price of homes sold (INE)
Actual transaction prices declared for transfer tax (IMT). The best indicator of what homes really sell for (listings show asking prices, usually higher).
| Area | €/m², Q1 2026 | Change in a year |
|---|---|---|
| Portugal | €2,337/m² | +19.8% |
| Greater Lisbon (NUTS III) | €3,836/m² | +20.5% |
| Setúbal Peninsula (NUTS III) | €2,996/m² | +28.9% |
| Lisbon (municipality) | €5,292/m² | n/a |
| Cascais (municipality) | €5,000/m² | n/a |
| Oeiras (municipality) | €4,511/m² | n/a |
Sintra: INE publishes the change (+28.9% in a year, one of the highest in Greater Lisbon) and the number of sales (6,151 in 12 months, the 2nd highest in the country), but not the quarterly median in this release.
Last 12 months (April 2025 to March 2026)
Lisbon: €5,082/m² with 8,095 sales, the most in the country. Cascais: €4,687/m². Oeiras: €4,297/m². Portugal: €2,168/m² (160,467 sales).
In Lisbon, buyers with a foreign tax address paid a median €6,325/m², against €5,000/m² for resident buyers. New homes in Lisbon: €6,226/m²; existing: €4,896/m². In Cascais, 4-bedroom-plus homes sold at €5,000/m², the highest in the country for that size.
Lisbon by parish (12 months)
| Parish | €/m² | Change in a year |
|---|---|---|
| Santo António | €6,986/m² | above the Lisbon average |
| Parque das Nações | €6,407/m² | above the Lisbon average |
| Avenidas Novas | €6,000/m² | above the Lisbon average |
| Lumiar | €4,670/m² | +17.5% |
| Benfica | €4,631/m² | +15.3% |
| Penha de França | €4,465/m² | +19.2% |
| Olivais | €4,296/m² | +16.1% |
Lisbon municipality average in the same period: €5,082/m², +15.2% in a year.
What we see in Metastate's portfolio
Median asking price per m² of homes for sale in our portfolio today (only areas with at least 3 properties):
| Area | Median asking price | Properties |
|---|---|---|
| Montijo | €3,793/m² | 5 |
| Lisboa | €6,131/m² | 4 |
| Cascais | €6,122/m² | 3 |
Asking prices are not sale prices. Updated automatically from the public portfolio.
Related questions
- How much is a 2, 3 or 4-bedroom home in Lisbon?
- How much is a home in Cascais?
- How much is a home in Oeiras?
- What does buying cost on top of the price (IMT, stamp duty, registry)?
- How does a foreigner buy property in Portugal?
Next INE data release: 23/10/2026.
Sources
- INE · Estatísticas de Preços da Habitação ao nível local, 1.º trimestre de 2026
- Metastate public portfolio (open feed)
General information, not legal or tax advice. For your specific case: talk to a consultant.