Santarém Real Estate Guide 2026
Overview
Growing city in Santarém with investment potential. Average prices: €2,466/m². 67% below Lisbon prices. 5.3% annual price growth.
Property Prices
- T0 tier — Average new build: €2,784/m²; Average resale: €1,798/m²
- T1 tier — Average new build: €2,520/m²; Average resale: €1,628/m²
- T2 tier — Average new build: €2,400/m²; Average resale: €1,550/m²
- T3 tier — Average new build: €2,160/m²; Average resale: €1,395/m²
Rental Yields
- T1 tier: 4.5%
- T2 tier: 4.0%
- T3 tier: 3.8%
Market Outlook
Annual price growth: 5.3% · Forecast: mixed · stable
Housing Stock
Area: Santarém · town · Investment category: budget · 12,000 apartments · 300 new units/year
Santarém
Character and Identity: Known as the 'Gothic Capital'. The city is situated on a high plateau overlooking the flooded plains of the Tagus River (Portas do Sol).
National Role: It is the agricultural capital of Portugal and a center for horse and bull breeding.
Historical Development: It was one of the most powerful cities in the kingdom, serving as the burial place for many kings and nobles.
Interesting Facts: The legend of Santa Iria tells of a nun who was murdered and thrown into the river, with her body eventually reaching Santarém, where the river opened up and created a marble tomb for her.