Are you considering buying a property, land, or house in Portugal? Portugal is a beautiful country, known for its sunny beaches, warm weather, and delicious cuisine. It is a great place to retire or invest in property. Portugal has a lower cost of living compared to other Western European countries, and it offers a great lifestyle with excellent healthcare facilities, low crime rates, and friendly locals. If you are looking for cheap land for sale near me or a cheap country home for sale, Portugal is definitely worth considering.
When it comes to finding a cheap property in Portugal, it is important to do your research. You want to find a property that fits your budget and meets your needs. This article will help guide you through the process of finding the most expensive and cheapest places to buy a house in Portugal in 2023.
Cheapest Places to Buy a House in Portugal
Portugal has many affordable regions where you can buy a house. Here are some of the cheapest places to buy a house in Portugal:
Castelo Branco
Castelo Branco is a small town located in central Portugal. It is a great place to buy a property if you are looking for a quiet and peaceful lifestyle. The cost of living in Castelo Branco is low, and you can find cheap rural properties for sale here.
Guarda
Guarda is a mountainous region located in northern Portugal. It is known for its beautiful landscapes and small towns. The cost of living in Guarda is also low, and you can find cheap houses for sale here.
Viseu
Viseu is a historic city located in central Portugal. It is known for its beautiful architecture, museums, and parks. The cost of living in Viseu is also low, and you can find cheap commercial properties for sale here.
Beja
Beja is a town located in the south of Portugal. It is known for its historic castle, museums, and wineries. The cost of living in Beja is low, and you can find cheap fixer-upper homes for sale here.
Portalegre
Portalegre is a small town located in the north of Portugal. It is known for its beautiful landscapes and historic castle. The cost of living in Portalegre is low, and you can find cheap country homes for sale here.
Most Expensive Places to Buy a House in Portugal
Portugal also has some of the most expensive regions to buy a house. Here are some of the most expensive places to buy a house in Portugal:
Lisbon
Lisbon is the capital city of Portugal and is one of the most expensive places to buy a house. The cost of living in Lisbon is high, and property prices are also high.
Porto
Porto is the second-largest city in Portugal and is also one of the most expensive places to buy a house. The cost of living in Porto is high, and property prices are also high.
Algarve
Algarve is a region located in the south of Portugal. It is known for its beautiful beaches and golf courses. The cost of living in Algarve is high, and property prices are also high.
Madeira
Madeira is a Portuguese archipelago located in the Atlantic Ocean. It is known for its beautiful landscapes and mild climate. The cost of living in Madeira is high, and property prices are also high.
Cascais
Cascais is a town located in the Lisbon metropolitan area. It is known for its beautiful beaches and historic landmarks. The cost of living in Cascais is high, and property prices are also high.
How much is the square meter built in Portugal?
When it comes to the cost of living in Portugal, it’s important to note that it can vary depending on the region. To help you make an informed decision, here’s a breakdown of the cost of living in Portugal’s different regions:
| Region | Average Monthly Cost of Living for a Couple |
| Lisbon | €1,700 – €2,200 |
| Porto | €1,600 – €2,000 |
| Algarve | €1,400 – €1,900 |
| Central Portugal | €1,300 – €1,700 |
| Northern Interior | €1,100 – €1,400 |
| Alentejo | €1,100 – €1,300 |
As you can see, Lisbon and Porto are the most expensive regions to live in, while the Alentejo and Northern Interior are the cheapest. The Algarve, on the other hand, is somewhere in the middle. Keep in mind that these are just averages and that the cost of living can vary depending on your lifestyle and the specific town or village you choose to live in.
Country house in Portugal
If you’re looking for cheap country homes for sale in Portugal, the Alentejo is a great place to start. Here, you can find small farmhouses and cottages for under €50,000. These properties may require some renovation work, but they offer a great opportunity to live a peaceful life in the Portuguese countryside.
Where to find cheap prices in a property in Portugal?
The cheapest place to buy property in Portugal is generally considered to be the Northern Interior. Here, you can find houses for under €50,000 and even large properties with multiple buildings for under €100,000. However, keep in mind that the Northern Interior is a very rural region and may not have the same amenities as more populated areas.
If you’re looking for farms for sale cheap in Portugal, the Alentejo is a great place to start. Here, you can find small farms with a few acres of land for under €100,000. These properties are great for anyone looking to live a self-sufficient lifestyle.
If you’re looking for cheap property in Portugal under €20,000, your best bet is to look for fixer-upper properties in rural areas. The Northern Interior and the Alentejo are great places to start your search.
Final advice for who is searching to buy a house in Portugal
Finally, if you’re looking for cheap commercial property for sale in Portugal, your best bet is to look in the smaller towns and villages. Here, you can find commercial properties for much less than you would pay in the larger cities.
In conclusion, Portugal offers a great opportunity to live a peaceful life in the countryside at an affordable price. Whether you’re looking for cheap land for sale, cheap country homes for sale, or even cheap commercial property for sale, there are plenty of options available. Just make sure to do your research and choose the region that’s right for you.
Thank you for reading this article on the cheapest and most expensive places to buy a house in Portugal in 2023. We hope you found it informative and useful in your search for your dream home.
