The 10 Cheapest Regions in Portugal for Buying Real Estate

The 10 Cheapest Regions in Portugal for Buying Real Estate

One of the smartest investments you can make now is in Portuguese property is in Real Estate. Over the years, it has expanded tremendously by introducing the golden visa. Values in Portugal’s real estate market are currently at an all-time high. 

In many cases, this can even be done from abroad, and many foreigners are moving to Portugal with the golden visa option for a better life.

Whether for a permanent move or a short vacation, Portugal is rising in popularity as a place to purchase real estate. You can check out how to buy real estate and become a citizen by applying for our golden visa. 

The small Western European country has a pleasant climate, a stable economy, and low living costs without sacrificing the quality of life. Starting with the most expensive on our list, we will count down the various regions you should invest in:

Penamacor

The first and most expensive on our list of properties is Penamacor, with a value of €229 per m2. In An area that is 563.71 square kilometers in size (217.65 sq mi). Famous people such as António Nunes Ribeiro Sanches, Francisco Cunha Leal, and António José Seguro all hail from this area. If you don’t already have a golden visa to visit Penamacor, you have missed a lot. 

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Boticas

The total land area is 321,96 km2. Its boundaries include the Tâmega River, the Serra das Alturas, the Serras de Melcas, the Serra dos Marcos, the Serra do Leiranco, and the Serra de Pastoria.Boticas’ property value starts from €227 per m2.

Trancoso

Real Estate value €233/m2 in Trancoso. Approximately 8,000 people call the city their home. The city can be found in Centro’s Beira Interior Norte region, in the Guarda district. And when you get a golden visa in Trancoso, you get access to several perks that come with being a citizen. 

Moguaduro

Mogadouro is a municipality in the Bragança traditional district located in the Trás-os-Montes region of northeastern Portugal. A number of municipalities surround it to the northeast: Vimioso, Macedo de Cavaleiros, Alfândega da Fé, Torre de Moncorvo, and Freixo de Espada à Cinta. 

Located in the V-shaped Douro River valley, this region is geographically distinct from the Spanish province of Castilla y León. Douro and Sabor rivers, both of biological significance, define the outer boundaries of Mogadouro territory. Generally, one can expect to pay about €222 per square foot in Mogadishu.

Vimioso

Pricing for Real Estate in Vimioso is €218 per square meter. The municipality of Vimioso is located in the northern Portuguese district of Bragança. In 2011, 4,669 people lived across 481.59 km2 of land. Since then, its population of Mirandese speakers has grown substantially.

Almeida

At €210/m2, it is considered a very cheap region. Almeida is a municipality and a fortified village in Portugal’s Beira Interior Norte region and the Guarda District. There are around 1,300 residents in the actual town itself.

Figueira de Castelo Rodrigo

Figueira de Castelo Rodrigo is a city in the Guarda District of Portugal. It has a total area of 508.57 km2. Located in the Riba Coa, like the nearby municipalities of Almeida, Meda, Pinhel, and Sabugal. The cost of Real Estate is €204/m2 in Figueira de Castelo Rodrigo

Vila Flor

it is located in the southern part of the district of Bragança and is known locally as the Portuguese Capital of Olive Oil. It is situated in the Terra Quente Transmontana. In 2011, 6,697 people called this region home, covering 265,81 square kilometers. 

The summers in Vila Flor are hot and dry, while the winters are cold and wet. 201 Euros per square meter in Vila Flor.

Sernancelhe

Sernancelhe is one of the country’s municipalities in Portugal’s Viseu region. There are many hotels, restaurants, and expensive mansions in the area. For every square meter of Sernancelhe, you’ll pay €190 for a decent enough apartment. 

Getting a golden visa in Sernancelhe also has its fair share of advantages. 

Fornos de Algodres

Last on our list is the administrative hub of the county and a historically Portuguese settlement. With a total land area of 131.45 km2, the town can be found in the Serra da Estrela Subregion, part of the Centro Region Guarda District. 

The town of Fornos de Algodres, where the municipal government is located, is a historic gem with winding cobbled streets, quaint 19th-century architecture, and beautiful views of the upper Mondego river valley. 

It’s also where you can find the Serra da Estrela Mountains. In Fornos de Algodres, the average price of a square meter of real estate is €169. 

With just a small amount, you can afford to get a golden visa by investing in any of this region we have offered.

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