In January 2025, Portugal's housing market saw a 4.3% increase in median prices compared to the same month in 2024, reaching €2,693 per square metre. While cities like Évora and Beja recorded significant price hikes, what do these national trends mean for the Beira Baixa region, and how does Castelo Branco, one of our key districts, fit into the picture?

National Trends with Regional Insights

Across Portugal, the following cities saw the most significant price increases:

Évora: +17.3%

Beja: +16.1%

Vila Real: +15.5%

Santarém: +15.4%

Setúbal: +14.5%

Leiria: +12.3%

While Lisbon experienced a slight decline of 1.1%, it remains the most expensive city with a median price of €5,453/m². In contrast, the Beira Baixa region offers significantly more affordable options, making it an attractive choice for both expats and locals seeking value for money.

Castelo Branco: Affordable Living with Growth Potential

Castelo Branco, a major city within Beira Baixa, stands out as one of the most affordable places to buy property in Portugal, with a median price of just €894 per square metre. This affordability, coupled with the region's natural beauty and growing appeal among expats, suggests strong potential for future growth.

Why Beira Baixa is Gaining Interest:

Cost-Effective Living: Compared to Lisbon or Porto, property prices are significantly lower, allowing buyers to get more for their money.

Quality of Life: Surrounded by stunning landscapes, historical sites, and a slower pace of life, it's perfect for those seeking tranquility.

Investment Potential: As property prices rise in urban centres, regions like Beira Baixa become more attractive for both residential living and investment.

Opportunities for Buyers and Investors

For prospective homeowners, Beira Baixa offers an excellent balance of affordability and lifestyle. Investors might also find opportunities in rental properties, especially as remote work trends continue to make rural living more viable.

While national trends show rapid growth in some regions, Beira Baixa's steady, affordable market presents a unique opportunity. Whether you're looking for a peaceful retirement spot, a family home, or an investment, Beira Baixa deserves a closer look.