Where US$500,000 buys you a home in Portugal

Untera, an independent platform aggregating international property from across the world, has just published average property prices for Portugal finding that the median asking price for residential property in Lisbon now stands at US$849,232.

In fact, one of there few major cities in the country where US$500,000 will still get you a reasonable property is Braga in the north of Portugal at US$434,624 according to its latest report.

A US$500,000 budget sits below the median asking price in Lisbon and the Algarve and Faro (US$857,810), but above the median price in Braga and the Silver Coast.

The report found that Porto is closer at US$548,999 at around 35% below Lisbon’s US$849,232.

As expected, average property prices in Cascais stood at a breathtaking US$2,507,666 while you can expect to fork out at least US$846,373 for a decent house in Madeira’s Funchal.

But there are still good buys to be had along Portugal’s Silver Coast at US$400,312.

The prices were taken from a pool of listings at estate agencies with 10,843 listings in Lisbon, 11,485 in Porto, 7,000 in the Algarve/Faro, 7,000, Braga, 6,716, Cascais, 1,240, Madeira, 1,556, and Silver Coast, 4,519.

Untera points out that property ownership does not itself grant residence rights. Buyers planning a move should evaluate residence routes, tax residence, healthcare, banking and purchase costs separately. Untera’s Portugal relocation guide organises those questions and keeps them clearly separated from the property search.

The frozen report used active, public-ready Portuguese for-sale listings in Untera’s production index on July 11, 2026. Prices used normalised USD where available and otherwise the stored USD asking price; listings at or below $10,000 were excluded.

Regional samples are case-insensitive matches against listing addresses because structured city coverage is incomplete for Portugal. The Silver Coast proxy matches Leiria, Caldas da Rainha, Óbidos/Óbidos, Nazare/Nazaré and Peniche. Areas can overlap, so regional rows must not be summed. These are asking prices from Untera’s aggregated inventory, not completed-sale statistics or a national census.

The broader Untera index contained 3,821,099 active, public-ready, canonical listings across 81 countries and 224 sources at measurement time.

Source: Untera; image: CMBraga.