The Portuguese housing picture is not encouraging: the supply of houses more affordable to families has fallen sharply, giving way to much more expensive ones. This is exactly what the idealista data reflects: the supply of houses for sale up to €200,000 fell by 73% between the third quarter of 2020 and the same period in 2025. Also in the next price range – between €200,000 and €300,000 – the available stock for purchase decreased by 32%.

On the other hand, houses at higher prices have been appearing on the Portuguese residential market. The number of homes put up for sale for values ​​between €400,000 and €500,000 rose by 37% in five years. And houses for sale costing more than €500,000 grew by 42%. High construction costs, licensing delays, and high tax burdens may help explain this evolution, ultimately pushing prices up nationally.

Looking closely at the country's reality, in terms of district capitals or autonomous regions, it is clear that practically all major cities now have fewer houses for sale under €200,000 than five years ago. The only exception is Vila Real, where the supply of more affordable housing has grown by 16%.

The supply of houses under €200,000 has fallen by almost half in several Portuguese cities during this period, such as Funchal, Faro, Lisbon, Ponta Delgada, Porto, Setúbal, Aveiro, and Braga.