Portugal · Europe · Population: 550,000
Lisbon is a challenging market for first-time buyers, with rapidly rising prices driven by strong demand. The city has moderate rental prices. At $350,000 average home price in Portugal, buyers should consider the 12.5x price-to-income ratio when planning a purchase.
| Average Home Price | $350,000 |
| Price per sqm | $5,800 |
| Price-to-Income Ratio | 12.5x |
| Mortgage Rate | 3.5% |
| 1-Year Price Change | +6.2% |
| 1-Bedroom Apartment | $1,200/mo |
| 3-Bedroom Apartment | $2,000/mo |
| Rent-to-Income Ratio | 42% |
| Median Household Income | $28,000/year |
| Years to Buy (at median income) | 12.5 years |
| Local Currency | EUR |
With a price-to-income ratio of 12.5x, Lisbon is one of the most expensive cities for homebuyers. Consider renting or exploring nearby cities for better value. Home prices have increased 6.2% in the past year.
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