Manteigas Real Estate Guide 2026
Overview
Charming Guarda town with affordable property prices. Average prices: €1,336/m². 82% below Lisbon prices.
Property Prices
- T0 tier — Average new build: €1,508/m²; Average resale: €928/m²
- T1 tier — Average new build: €1,365/m²; Average resale: €840/m²
- T2 tier — Average new build: €1,300/m²; Average resale: €800/m²
- T3 tier — Average new build: €1,170/m²; Average resale: €720/m²
Rental Yields
- T1 tier: 6.0%
- T2 tier: 6.1%
- T3 tier: 6.3%
Market Outlook
Annual price growth: 2.0% · Forecast: neutral · stable
Housing Stock
Area: Guarda · small town · Investment category: budget · 1,000 apartments · 30 new units/year
Manteigas
Character and Identity: The heart of the mountain. A small town nestled within the glacial valley of the Zêzere River. The landscape is completely alpine.
National Role: Center of the wool industry (Burel) which has undergone a fashionable revival.
Historical Development: The isolation of the valley has preserved a unique character.
Interesting Facts: The water here is considered the purest and feeds the thermal springs.