Housing
More than five thousand euros per m2: Grândola has houses as expensive as Lisbon
The median bank valuation for housing reached a new record high in August. Data from the National Institute of Statistics (INE) shows that Grândola and Lisbon are the only municipalities where property prices for the most expensive segment now exceed 5,000 euros per square meter, with Grândola reaching 5,049 euros/m2.
Why it matters
If you are looking to buy property in the Alentejo region, be aware that Grândola's luxury real estate market has reached price levels comparable to Lisbon, significantly impacting the local median and property affordability.SIC NotíciasRead original ↗
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