|Last Updated: Sep. 21, 2016|
|ALGARVE - Apartments||COST (€)||YIELD (p.a.)||PRICE/SQ.M. (€)|
|TO BUY||MONTHLY RENT||TO BUY||MONTHLY RENT|
|70 sq. m.||133,140||421||3.79%||1,902||6.01|
|120 sq. m.||214,320||619||3.47%||1,786||5.16|
|ALGARVE - Villas|
|150 sq. m.||361,950||918||3.04%||2,413||6.12|
|300 sq. m.||996,800||2,356||2.84%||2,492||5.89|
|LISBOA - Apartments|
|50 sq. m.||126,450||666||6.32%||2,529||13.32|
|85 sq. m.||196,095||1,006||6.16%||2,307||11.84|
|120 sq. m.||305,160||1,434||5.64%||2,543||11.95|
|250 sq. m.||840,000||3,153||4.50%||3,360||12.61|
|LISBOA - Villas|
|200 sq. m.||410,600||2,070||6.05%||2,053||10.35|
|450 sq. m.||922,050||4,185||5.45%||2,049||9.30|
The Algarve region includes the municipalities of Albufeira, Faro, Lagoa,
and the towns of Almancil, Vilamoura and Vila Real de Santo Antonio.
Lisboa region include the districts of Lisboa, Cascais and Oeiras.
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule
Lisbon´s property market is now reasonably priced. Comparatively speaking, Lisbon housing prices are among Europe´s lowest:
How much will you earn? Apartment yields in Lisbon range from 5.4% to 6.2%, with smaller apartments earning proportionately more. These are good yields and the purchase price is attractive for a European capital city, though Lisbon is hardly at the centre of things. Villas in Lisbon have similar gross rental yields.
In Algarve, a 120 sq. m. apartment costs on average EUR 1,800 per sq. m., or EUR 215,000. Algarve apartments return rental yields which range from 3.5% to 3.8%.
Our rental yields figures assume long-term lets; short-term rentals may earn higher returns.
Villas in the Algarve generally earn lower returns.
Conclusion: after many years on the back-burner, Lisbon is looking good. Tourist interest in the centre of Lisbon is enormous, so the option of letting via Airbnb is there for much of the year. Lisbon´s rental yields are comparatively among the highest in Europe, and Lisbon´s price to rent ratios are among Europe´s lowest.
Round trip transaction costs can be high in Portugal. See our property transaction costs analysis for Portugal and Property transaction costs in Portugal, compared to the rest of Europe.
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