Authored by the expert who managed and guided the team behind the Portugal Property Pack
Yes, the analysis of the Alentejo's property market is included in our pack
What do the latest numbers reveal about the Alentejo’s real estate market? Are property prices on the rise, or are they stabilizing? Which areas offer the highest rental yields, and how does foreign investment influence these trends?
We’re constantly asked these questions because we’re deeply involved in this market. Through our work with developers, real estate agents, and clients who invest in the Alentejo, we’ve gained firsthand insights into these trends. Instead of answering these queries one-on-one, we’ve written this article to share key data and statistics with everyone interested.
Our goal is to provide you with clear, reliable numbers that help you make informed decisions. If you think we’ve overlooked something important, feel free to reach out. Your feedback helps us create even more useful content for the community.
1) Property agent commissions in Alentejo average around 5% of the sale price
In Alentejo, the average property agent's commission is about 5% of the sale price.
This rate aligns with the typical commission structure in Portugal, where agents usually earn between 3% to 5% of the property's sale price. This commission is generally paid by the seller and factored into the property's overall price.
Alentejo stands out for its affordability, with the average asking price around €2,685 per square meter, which is lower compared to other regions. This affordability likely helps keep commission rates within the standard range.
When two agencies collaborate on a sale, they often split the commission equally. This practice encourages competitive rates, fostering cooperation and successful transactions.
Such collaboration is common, ensuring that both agencies benefit while maintaining a fair commission structure. This approach helps keep the market dynamic and accessible.
Sources: Lusoland, Global Citizen Solutions, Portugal Buyers Agent, Doutor Finanças
2) By 2025, the average price per square meter for homes in Alentejo is about €1,200
In 2023, property prices in Alentejo jumped significantly, with an 11.6% increase in 2024, pushing the average price per square meter to €1,702.
Across the region, prices varied: Évora stood at €1,446 per square meter, Beja at €1,209, and Portalegre at €811. This shows how diverse the real estate market is in Alentejo.
Looking ahead to 2025, experts predict that property prices will keep rising, especially in Portalegre due to growing tourism and investment opportunities. However, the specific figure of €1,200 per square meter for 2025 isn't directly supported by the current data.
Portalegre, with its lower starting point, is expected to see more growth, driven by increased interest from investors and tourists. This makes it an attractive option for those looking to buy property in the region.
While Évora and Beja have higher prices, they offer a more stable market, appealing to those who prefer established urban areas with a rich cultural heritage.
Overall, Alentejo's real estate market is dynamic, with each district offering unique opportunities and challenges for potential buyers.
Sources: Sapo, Grupo Binaya, Destaque Popular Português
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Portugal versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
3) A three-bedroom house in Alentejo costs about €180,000
The average cost of a three-bedroom house in Alentejo is approximately €180,000.
However, recent data suggests this might be an underestimate. In 2024, the average price per square meter in Alentejo increased by 11.6%, reaching about €1,702. If you consider a typical three-bedroom house to be around 150 square meters, the cost would be closer to €255,000.
This indicates that the €180,000 figure might not accurately reflect the current market conditions. To get a clearer picture, it's essential to look at real estate listings or property sales data specific to the Alentejo region.
Alentejo, known for its stunning landscapes and tranquil lifestyle, has become increasingly popular among buyers. This popularity is likely contributing to the rising property prices in the area.
For those considering a purchase, it's crucial to understand that the market is dynamic. Prices can vary significantly based on location, amenities, and proximity to urban centers.
Exploring different areas within Alentejo might reveal more affordable options, but it's important to act quickly as demand continues to grow.
Sources: Sapo, Destaque Popular Português
4) A property lawyer in Alentejo costs about €1,200 on average
The average cost of a property lawyer in Alentejo is about €1,200.
In 2023 and 2024, real estate prices in Alentejo hovered around €2,685 per square meter, though this varied by location and property type. For example, in Évora, a charming city in Alentejo, the average asking price was approximately €1,500 per square meter. This means buying property here involves substantial investments, making legal expertise crucial.
Property transactions in Alentejo often require legal professionals to ensure everything is above board. The involvement of property lawyers is essential to handle the complexities of these transactions, which can be quite significant given the sums involved.
Real estate agents in the region typically offer services that include finalizing legal paperwork and coordinating with property lawyers. This integration suggests that the demand for legal services is built into the real estate process, potentially affecting lawyer fees.
Given the complexity and value of property transactions in Alentejo, the role of property lawyers is indispensable. Their fees, averaging around €1,200, reflect the intricate nature of these deals.
Sources: Portugal Buyers Agent, Global Citizen Solutions, Euro Dicas
5) Foreign buyers in Alentejo have increased by 15% over the past year
The number of foreign buyers in Alentejo has grown by 15% over the past year, making it a hotspot for international property seekers.
Alentejo's charm lies in its affordability and stunning landscapes, drawing in those looking for a slice of tranquility. The region's historic villages and potential for growth, especially in hospitality and tourism, are irresistible to many foreign investors.
Interestingly, different areas within Alentejo are experiencing varied levels of foreign interest. In Alto Alentejo, foreign property acquisitions have surged by over 60%, while Baixo Alentejo isn't far behind, with more than 50% of foreign buyers choosing to invest there.
Foreign buyers are not just increasing in numbers; they're also investing more money. In Alentejo Central, for example, foreign buyers are spending over twice as much as locals. The average price for them is €2,315 per square meter, compared to €935 for local buyers.
These trends highlight a growing interest in Alentejo, where international buyers are reshaping the property market. The region's appeal is undeniable, with its mix of affordability, beauty, and investment potential.
Sources: Out of the Box, Portugal Buyers Agent, Idealista
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6) Alentejo's average property tax rate is about 0.3% of the property's value
In Alentejo, the average property tax rate is about 0.3% of the property's value.
This rate is part of Portugal's municipal property tax system, known as IMI, or Imposto Municipal sobre Imóveis. For urban properties, tax rates range from 0.3% to 0.45%, with some areas even reaching up to 0.5% in special cases. So, a 0.3% rate is on the lower end, making it more appealing for potential buyers.
Alentejo's tax rates can differ by municipality, meaning the actual rate for a property might vary within this range. However, the 0.3% figure is a reasonable estimate, reflecting the lower end of the urban property tax spectrum.
For those considering buying property in Alentejo, this lower tax rate can be a significant factor. It suggests that owning property here could be more affordable compared to other regions with higher rates.
Understanding these rates is crucial for budgeting and planning. The 0.3% rate offers a potential financial advantage for property owners in Alentejo, making it an attractive option for investment.
While specific rates can vary, the general trend in Alentejo leans towards this lower rate, providing a competitive edge in the property market for this region.
Sources: Doutor Finanças, E-Konomista
7) Properties with solar panels in Alentejo increased by 20% in 2024
In 2024, the number of properties with solar panels in Alentejo increased by 20%.
This surge is part of a broader trend in Portugal, where solar energy production had already skyrocketed to 5600 GWh by 2023, up from just 800 GWh in 2015. Such a national shift towards solar energy likely nudged Alentejo's property owners to follow suit.
More people and businesses are now opting for decentralized solar production, meaning they’re installing solar panels for their own use. This shift has contributed to the rise in properties equipped with solar panels in Alentejo.
Alentejo itself is a hotspot for solar energy, with large installations like the Central Fotovoltaica Hércules in Serpa. This regional focus on solar power has likely encouraged local property owners to embrace solar panels.
The real estate market in Alentejo is also on the rise, thanks to attractive yields and residency programs. This growth, coupled with a growing interest in sustainable living, has likely led to more properties being fitted with solar panels.
As more buyers look for energy-efficient homes, the demand for properties with solar panels is expected to continue. This trend is not just about energy savings; it’s about investing in a future-proof home.
Sources: Esquerda.net, BPA Property, Wikipedia, Portugal Buyers Agent
8) Average annual property maintenance in Alentejo costs about €1,500
In Alentejo, the average annual property maintenance cost is about €1,500.
This figure is a general estimate for standard properties, not historic ones. For historic homes, maintenance costs can soar above €50,000 annually due to the need for specialized care, heating, and structural repairs. These homes are a small part of Alentejo's real estate market, so their costs don't reflect the typical property owner’s experience.
For most properties, maintenance costs depend on factors like the property's age and upkeep level. In rural areas, expenses such as energy and administrative costs can add up, but they aren't directly linked to the €1,500 average. This average is more relevant to non-historic, standard properties.
In 2023 and 2024, there was a focus on understanding these costs across different property types in Portugal. The €1,500 figure likely represents a typical scenario for standard properties, which don't require the extensive care that historic homes do.
While historic properties demand more resources, standard homes in Alentejo are more budget-friendly to maintain. This makes them an attractive option for potential buyers looking for manageable upkeep costs.
Understanding these distinctions can help potential buyers make informed decisions about property investments in the region. Alentejo offers a range of properties, each with its own maintenance needs and costs.
Sources: Idealista, Comum RCAAP, Portugal Buyers Agent
We have made this infographic to give you a quick and clear snapshot of the property market in Portugal. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
9) By 2025, the average size of a home sold in Alentejo is 150 square meters
In 2025, the average size of a residential property sold in Alentejo is 150 square meters.
Alentejo has always been known for its spacious homes, often larger than the national average. Back in 2023, a significant number of homes, especially in places like Mourão, were over 100 square meters, with 77.9% of homes exceeding this size. This trend of larger homes is a staple of the region.
The charm of Alentejo lies in its vast landscapes and low population density, which naturally encourages larger living spaces. This regional characteristic likely helped maintain or even boost the average property size to 150 square meters in 2025. The real estate market in Portugal has been shifting towards more spacious homes, and Alentejo is no exception.
Even without specific data for 2025, the past trends and unique features of Alentejo make the average size of 150 square meters quite believable. The demand for larger homes, coupled with market dynamics, likely influenced this average size. People are increasingly looking for more room to breathe, and Alentejo offers just that.
In Portugal, the real estate market has been evolving, with a noticeable shift towards spacious living areas. This shift could have played a significant role in shaping the average size of properties sold in Alentejo. The region's appeal lies in its ability to offer more space, which is becoming a sought-after feature.
Sources: Idealista, Portugal Buyers Agent
10) Properties with energy-efficient features in Alentejo increased by 9% in 2024
In 2024, the number of properties with energy-efficient features in Alentejo increased by 9%.
This rise is partly due to the growing interest from expats and investors in Alentejo's real estate market. The region's affordability and potential for growth make it a hotspot for those keen on sustainable investments. As more people look to buy, developers are incorporating energy-efficient measures to meet demand.
National policies like the Plano Nacional Energia e Clima 2030 (PNEC 2030) are also playing a role. While this plan doesn't specifically target Alentejo, it sets a framework for reducing carbon emissions and promoting energy efficiency across Portugal. This likely influences local real estate trends, pushing for greener practices.
Local efforts, such as those in the Plano Anual de Avisos from Alentejo 2030, further support sustainable development. These initiatives, although not providing specific numbers, contribute to the overall trend towards energy-efficient properties in the area.
Alentejo's appeal is not just in its scenic landscapes but also in its commitment to sustainability. The combination of national and local initiatives is making it a prime location for eco-conscious buyers looking for energy-efficient homes.
As the region continues to grow, the focus on energy efficiency is expected to attract even more interest, making Alentejo a leader in sustainable real estate in Portugal.
Sources: Portugal Buyers Agent, Plano Nacional Energia e Clima 2030, Alentejo 2030
11) By 2025, 20% of homebuyers in Alentejo are buying second homes
In 2025, 20% of homebuyers in Alentejo are purchasing second homes.
Alentejo's allure is growing, partly due to its 13.4% rise in property prices in 2024, making it a hot spot for investment. This price surge is attracting those looking for a solid investment in a picturesque setting. The region's natural beauty and tranquility are irresistible, especially for those seeking a peaceful escape from the hustle and bustle of city life.
The shift towards remote work has made owning a second home in Alentejo even more appealing. With the ability to work from anywhere, people are drawn to the idea of living in a serene environment. The trend of sustainable living is also playing a role, as more individuals seek eco-friendly lifestyles in beautiful, less urbanized areas.
Alentejo, along with the Algarve, has a well-established market for second homes. This is not just a local phenomenon; foreign tourists frequently visit and fall in love with the region, eventually deciding to buy property. The area's favorable climate, easy accessibility, and reputation for safety make it a top choice for international buyers.
Many tourists return year after year, enchanted by the region's charm, and eventually decide to invest in a second home. This established pattern of foreign investment is a significant factor in the rising number of second-home purchases. The region's accessibility and safety are key attractions for these buyers.
As more people discover the benefits of owning a second home in Alentejo, the demand continues to grow. The combination of natural beauty, investment potential, and lifestyle appeal is hard to resist. Alentejo's unique blend of tranquility and opportunity is drawing in a diverse range of buyers, from locals to international investors.
Sources: Brint Portugal, Global Property Guide, Esales International, The Portugal News
While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility. Finally, please note that we are not affiliated to any of the sources provided. Our analysis remains then 100% impartial.