Portugal records steepest house-price growth in EU at 17.8% year-on-year

The figure represents the highest increase across all 27 EU member states. By comparison, prices in the eurozone rose by just 4.7%, whilst the EU average stood at 5.1%. On a quarterly basis, Portugal ranked second with growth of 3.8%, behind Bulgaria's 6.2%.

Eurostat data for the first quarter of 2026 reveal a buoyant Portuguese property market. Of 26 countries with available statistics, only Finland recorded a price decline, at minus 2.0%. The remaining 25 nations all posted gains, ranging from modest increases to impressive double-digit growth in Bulgaria and Slovakia.

For investors, the figures signal that the Portuguese market remains among Europe's most dynamic, though rental-yield growth has moderated. This trend warrants consideration when planning buy-to-let acquisitions.

Source: Portugal News