Torres Novas Portugal real estate

Torres Novas Real Estate Guide 2026

Overview

Growing city in Santarém with investment potential. Average prices: €1,696/m². 77% below Lisbon prices.

Property Prices

  • T0 tier — Average new build: €1,914/m²; Average resale: €1,218/m²
  • T1 tier — Average new build: €1,733/m²; Average resale: €1,103/m²
  • T2 tier — Average new build: €1,650/m²; Average resale: €1,050/m²
  • T3 tier — Average new build: €1,485/m²; Average resale: €945/m²

Rental Yields

  • T1 tier: 5.5%
  • T2 tier: 6.0%
  • T3 tier: 6.3%

Market Outlook

Annual price growth: 3.0% · Forecast: neutral · stable

Housing Stock

Area: Santarém · regional · Investment category: regional · 14,400 apartments · 360 new units/year

Torres Novas

Character and Identity: A fortress city in the center of the country, with a large castle and beautiful gardens around the Almonde River.

National Role: A logistical and transportation hub.

Historical Development: Known for the Roman remains of Villa Cardilio found nearby.

Interesting Facts: The city is known for its high-quality 'Black Figs' (Figo Preto).

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