Where Are Portugal’s Most Expensive Homes? Cascais Leads at €7,327/m²

Portugal’s priciest street to buy a home is in Cascais. Rua das Faias leads the ranking of the country’s most expensive addresses in 2026.

Three out of the five most expensive streets in Portugal are along the Cascais-Estoril axis, making it one of the most desirable places for luxury real estate investment.

Here are the latest property trends for Portugal’s most expensive homes.

Cascais Tops Portugal’s Most Expensive Streets

Buying a home in Portugal’s most expensive streets costs about €4.35 million, based on an Idealista analysis released in August 2026.

To put it into perspective, the average house in Cascais costs about €7,327 per square meter, according to Q4 2025 data from Confidencial Imobilario.

Rua das Faias in Cascais is the #1 most expensive address in Portugal, where prices can easily exceed the regional average. Three out of the five priciest streets are in the Cascais-Estoril area, which is the true top end of Portugal’s luxury real estate market.

Coming in at #2 is Rua das Violetas, which is also in the prestigious Cascais area. Here, the average asking price for a mid-sized property can be €4.3 million.

However, the #3 spot belongs to Almancil’s Urbanização Vale do Lobo, with a median price of €4.25 million.

Cascais shows up again in the fourth position with Rua das Papoilas, where you can buy a house for €4 million in median terms. Then, again, we see Almancil stand out with Urbanização Fonte Algarve where a median buying cost could reach €3.995 million.

The Sintra, Portugal, real estate market is also part of this latest analysis. Here, Rua Soto Maior secured the sixth position in the ranking due to the median home price reaching a staggering €3.9 million.

Porto, the second largest city in Portugal earned the #7 spot with Rua do Ouro. Here, the asking price for a mid-sized property is €3.69 million in median terms.

Then, we have the Algarve, Portugal, real estate market with Lagos. The priciest place to buy a property is in Urbanização Quinta do Monte where asking values hit about €3.25 million.

The list ends with the Setúbal district, or more exactly, in Quinta do Conde, by Rua do Pinheiro Manso and Avenida Sabóia, in Estoril, with median costs at €2.75 million and €2.4 million, respectively.

Madeira Leads in Regional Street Prices

These latest reports also analyzed the most expensive streets in different districts and islands across Portugal where experts could collect enough data.

In Madeira, Rua João Paulo II in São Martinho had the most expensive median values at €1.5 million.

In Leira, that title belongs to Rua dos Mártires at €842,500, whereas in Viana do Castelo Rua Doutor Adriano Magalhães experts saw numbers reach €670,000.

The most expensive street in Aveiro is Rua António da Rocha Madail with values of €493,500 at median terms. Coimbra and Braga quickly followed suit with their respective streets Rua Princesa Cindazunda (€435,000) and Rua Bernardino da Silva (€374,400).

Rua 1.º de Dezembro in Santarém saw values at €330,000, which appears to be relatively affordable by Western European standards.

This 2026 property analysis ends with Rua Miguel Bombarda in Viseu district, where you can find median asking prices at €300,000.

There is a major gap in median asking prices between the two ends of the Portugal real estate market. A house in das Faias in Cascais could cost you about 14 times more than what you would spend in Rua Miguel Bombarda in Viseu for a property of the same size.

Why isn't Lisbon in the top list?

You probably wonder why Lisbon is not on the top of this list, considering it is a capital city and one of the most expensive paces to buy property in Portugal.

Lisbon can have plenty of €1 million or €3 million properties without a particular street making it to the top 10. That’s because most high-end properties and new developments are outside the capital in areas like Cascais, Sintra, Estoril, and the Algarve.

Where are Portugal’s €1M+ homes?

Portugal’s luxury property market has many locations that didn’t make it to the top ranking list for expensive streets.

On 1 August 2026, over 19,000 properties that were worth over €1 million were listed for sale at the time of the analysis. Lisbon, Porto, and Faro held 80% of the country’s property supply, while Leiria and Braga had 1.5%.

Locations with less than 1% of Portugal’s housing supply were: Aveiro (0.9%), Santarém (0.6%), Viana do Castelo (0.5%), São Miguel (0.4%), Coimbra (0.3%), Évora (0.2%), Beja (0.2%), Viseu (0.1%), Vila Real (0.1%), Castelo Branco (0.1%), and Portalegre (0.1%).

Where are Portugal’s €3M+ homes?

On 1 August 2026, more than 3,200 homes worth over €3 million were listed for sale. Almost half of the supply was in Lisbon.

Goldcrest: How We Can Help You 

Goldcrest is the first buyer’s agent in Portugal. We provide expert, impartial advice on real estate investments and how to buy property in Portugal. From scouting out the perfect property through to property acquisition, we have you covered throughout the process. 

Unlike traditional real estate agents in Portugal who represent the seller, we are dedicated exclusively to protecting the buyer’s interests. 

If you are looking to purchase property in Portugal, don’t hesitate to get in touch. Our team of skilled experts is available to solve all your real estate doubts, helping you with the property search and offering insightful expertise and strategic advice. 

Why choose Goldcrest?

• Local knowledge: With offices located across Portugal, our presence nationwide allows us to assist you personally across the country.
• Independent service: As an independent buying agent, we do not represent any development or project. Our service is entirely tailored toward each individual client, providing you with everything you need to secure the perfect property at the best possible price.
• Streamlined process: Our real estate agents speak English and Portuguese, and our service is completely focused on providing you with a hassle-free buying experience, saving you time. We can also help you buy property remotely.
• Experienced team: Our expert real estate team has a vast local knowledge of the Portuguese property market. We have cutting-edge technology and metasearch tools at your disposal to provide full market coverage, ensuring the best investment choices and negotiated prices.
• Network of partners: We have a close network of partners, including lawyers, property management services, builders, architects, designers, and landscape gardeners, again saving you time and hassle by providing you with trusted experts in their field of work.