Lisbon is the most exclusive municipality to buy a house in Portugal with the most expensive square meter in the country.
Homeowners in the capital ask an average of €4,898 per square meter (€/m2), according to a study by idealisticthe Portuguese real estate market.
The ranking of the five most expensive municipalities is completed by Cascais (3,691 euros/m2), Grândola (3,376 euros/m2), Loulé (3,026 euros/m2) and Porto (3,026 euros/m2). Sixth place goes to Oeiras, in Lisbon, where the square meter costs €2,997.
For less than 3,000 euros per square meter, we find the municipalities of Lagos (2,699 euros/m2), Lagoa (2,672 euros/m2), Sesimbra (2,545 euros/m2), Albufeira (2,438 euros/m2) , Matosinhos (2,373 euros/m2), Odivelas (2,208 euros/m2) and Tavira (2,199 euros/m2).
The ranking continues with the district of Lisbon, more specifically Loures (2,179 euros/m2) and Amadora (2,170 euros/m2). Next come the municipalities of Portimão (2,108 euros/m2), Almada (2,073 euros/m2), Silves (2,039 euros/m2), Vila Real de Santo António and Faro (2,029 euros/m2 in both municipalities) , Funchal (2,018 euros/m2) and Olhão (2,004 euros/m2).
In the bottom three places of the ranking are the municipalities of Espinho (2,002 euros/m2), Alcochete (1,968 euros/m2) and Nazaré (1,957 euros/m2).
The study carried out by Idealista also found the most exclusive localities in each district of Portugal. In addition to neighborhoods with municipalities in the top 25 positions, the list is completed by Montemor-o-Novo in Évora (1,890 euros/m2), Coimbra (1,736 euros/m2), Esposende in Braga (1,564 euros/ m2), Odemira in Beja (1,500 euros/m2), Viana do Castelo (1,238 euros/m2) and Vila Real (1,165 euros/m2).
On the other hand, Guarda is the municipality on this list where it is the cheapest to buy a house: 713 euros/m2. This is followed by Ponte de Sor in Portalegre (735 euros/m2), Castelo Branco (796 euros/m2), Mirandela in Braganza (828 euros/m2), Benavente in Santarém (1,105 euros/m2) and Viseu (1,111 euros/m2 ) .
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