Updated: October 16, 2026

 

Portugal’s most expensive streets are in the Cascais area, with Rua das Faias topping the rankings in the latest Idealista analysis. The median asking price on this street was €4.35 million.

In fact, 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 property enclaves.

Here are the latest real estate trends for Portugal’s most exclusive addresses.

Cascais Tops Portugal’s Most Expensive Streets

Portugal's most expensive streets in CascaisThe most expensive street to buy a home in Portugal is Rua das Faias in Cascais, where average asking prices are €4.35 million, according to an Idealista analysis released in August 2026.

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

In Rua das Faias, home prices easily exceed the regional average, which for many property buyers makes this street feel like the true top end of Portugal’s luxury real estate market.

The second most expensive street in Portugal is also in Cascais – Rua das Violetas. Here, the average asking price for a property is about €4.3 million.

However, the third rank 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.

Portugal's most expensive streets in AlgarveNext on the Idealista analysis, we see Almancil stand out with another expensive street, Urbanização Fonte Algarve, where median asking prices 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 seventh rank 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 street 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 of €2.75 million and €2.4 million, respectively.

Madeira Leads in Regional Street Prices

Portugal's most expensive streets in Madeira These latest reports also analyzed Portugal’s most expensive streets by district or region, where experts could collect enough data.

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

In Leiria, that title belongs to Rua dos Mártires at €842,500, whereas in Viana do Castelo Rua Doutor Adriano Magalhães 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 the 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 at the top of this list, considering it is a capital city and one of the most expensive places 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.

Read our ultimate guide to buying property in Lisbon by local experts

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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%).

Location

Share of national supply

Lisbon

40.6%

Faro

26.5%

Porto

12.9%

Setúbal

7.5%

Madeira

5.8%

Source: Idealista study, August (2026)

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. The table below offers a more detailed overview.

Location

Listings above €3M

Share of national supply

Lisbon

1,538

47.1%

Faro

1,095

33.6%

Setúbal

309

9.5%

Porto

149

4.6%

Madeira

90

2.8%

Source: Idealista study, August (2026)

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.

Frequently Asked Questions about Portugal’s Most Expensive Streets

Currently, Cascais’ Rua das Faias holds the record for the most expensive street in Portugal with €4.35 million, followed by Rua das Faias at €4.30 million, also in Cascais, and Urbanização Vale do Lobo in Almancil with €4.25 million median asking prices.

Ronaldo’s €35 million mansion in Cascais is the most expensive house in Portugal. The 12,000-square-meter plot comes with a private beach, infinity pool, eight bedrooms, and beautiful ocean views. You can read more about in our Ronaldo House Portugal guide.

As buyer’s agents in Portugal, Goldcrest can research the property market on your behalf, negotiate prices, and find your dream home that suits your exact lifestyle and investment goals.