Rental yields in Lisbon are moderately good
Last Updated: Sept. 27, 2022 | |||
LISBON - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Lisbon | |||
Studio | €285,000 | €1,150 | 4.84% |
1-Bedroom | €392,500 | €1,450 | 4.43% |
2-Bedroom | €299,000 | €1,800 | 7.22% |
3-Bedroom | €447,000 | €2,200 | 5.91% |
4+Bedroom | €890,000 | €3,275 | 4.42% |
Cascais | |||
Studio | €240,000 | €1,025 | 5.13% |
1-Bedroom | €380,000 | €1,500 | 4.74% |
2-Bedroom | €382,500 | €2,000 | 6.27% |
3-Bedroom | €715,000 | €2,950 | 4.95% |
4+Bedroom | €995,000 | €4,350 | 5.25% |
Sintra | |||
1-Bedroom | €135,000 | €760 | 6.76% |
2-Bedroom | €165,000 | €795 | 5.78% |
3-Bedroom | €225,000 | €1,800 | 9.60% |
4+Bedroom | €335,000 | €2,900 | 10.39% |
Oeiras | |||
2-Bedroom | €470,000 | €1,200 | 3.06% |
3-Bedroom | €632,445 | €1,800 | 3.42% |
4+Bedroom | €872,500 | €2,125 | 2.92% |
Lisbon avg. Rental Yields | 5.59% | ||
PORTO - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Porto | |||
Studio | €214,000 | €1,200 | 6.73% |
1-Bedroom | €235,000 | €1,000 | 5.11% |
2-Bedroom | €325,000 | €1,200 | 4.43% |
3-Bedroom | €415,000 | €1,800 | 5.20% |
4+Bedroom | €576,000 | €2,000 | 4.17% |
Vila Nova de Gaia | |||
Studio | €208,000 | €1,100 | 6.35% |
1-Bedroom | €170,000 | €700 | 4.94% |
2-Bedroom | €245,000 | €790 | 3.87% |
3-Bedroom | €335,000 | €1,300 | 4.66% |
4+Bedroom | €600,000 | €2,500 | 5.00% |
Matosinhos | |||
Studio | €169,000 | €720 | 5.11% |
1-Bedroom | €207,000 | €875 | 5.07% |
2-Bedroom | €297,500 | €1,250 | 5.04% |
3-Bedroom | €490,000 | €1,400 | 3.43% |
4+Bedroom | €695,000 | €2,150 | 3.71% |
Porto avg. Rental Yields | 4.85% | ||
FARO - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Faro (all locations) | |||
Studio | €149,500 | €700 | 5.62% |
1-Bedroom | €206,500 | €750 | 4.36% |
2-Bedroom | €259,000 | €1,000 | 4.63% |
3-Bedroom | €365,000 | €1,400 | 4.60% |
4+Bedroom | €409,000 | €1,400 | 4.11% |
Faro avg. Rental Yields | 4.66% | ||
AVEIRO - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Aveiro (all locations) | |||
Studio | €150,000 | €650 | 5.20% |
1-Bedroom | €177,750 | €750 | 5.06% |
2-Bedroom | €199,000 | €825 | 4.97% |
3-Bedroom | €219,900 | €800 | 4.37% |
Aveiro avg. Rental Yields | 4.90% | ||
FUNCHAL - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Funchal (all locations) | |||
Studio | €157,300 | €700 | 5.34% |
1-Bedroom | €265,000 | €1,025 | 4.64% |
2-Bedroom | €355,000 | €2,500 | 8.45% |
3-Bedroom | €450,000 | €2,000 | 5.33% |
Funchal avg. Rental Yields | 5.94% | ||
BRAGA - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Braga (all locations) | |||
1-Bedroom | €149,000 | €800 | 6.44% |
2-Bedroom | €200,000 | €720 | 4.32% |
3-Bedroom | €235,000 | €900 | 4.60% |
4+Bedroom | €283,750 | €885 | 3.74% |
Braga avg. Rental Yields | 4.78% | ||
SETUBAL - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Setubal (all locations) | |||
2-Bedroom | €158,000 | €835 | 6.43% |
3-Bedroom | €232,000 | €973 | 5.03% |
Setubal avg. Rental Yields | 5.69% | ||
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule |
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Apartment yields in Lisbon range from 3.06% to 10.39% and on average are 5.59%. These are good yields and the purchase price is attractive for a European capital city.
Apartments in Porto can generate returns between 3.43% to 6.73% with a city average of 4.85%. As a disclaimer, Porto´s numbers may be somewhat inconsistent due to a limited supply of rental units. This is possibly due to Portugal´s Golden Visa program.
Apartments in Faro return rental yields of around 4.66%. Aveiro has an average return of 4.90%, Funchal produces 5.94%, Braga´s average is 4.78% and in Setubal it´s 5.69% on average.
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.
Portugal - More data and information
- How expensive are houses in Portugal, compared to the rest of Europe?
- Property prices in Portugal. Graph of house price trends in Portugal
- How much rent can be earned from Portuguese property, compared to the rest of Europe?
- How much tax must foreign owners pay when they rent out their Portuguese property?
- Where to by property in Portugal