Alcobaça Property Prices, Rents & Rental Yields

About Alcobaça

Alcobaça, in Portugal’s Leiria district, blends a historic urban core with a distinctly central-west setting, shaped by cultural heritage, nearby coastline access, and everyday regional connectivity. For apartment investors, it offers a location note that is more about stability and place identity than noise or trend-chasing.

September 2026 points to a market still moving higher, but not in a straight line. The average apartment sale price reached €350,000, up 2.9% month on month and 19.0% year on year, showing that capital values remain on an upward path. At the same time, the average price per square metre edged down 0.7% over the month to €3,070, which suggests the latest gain is being driven more by individual deal movement than by broad-based monthly repricing.

That tension is sharper when set against income. The average rent held at €950, unchanged from the previous month, while still rising 11.8% year on year. Even so, the reported yield stands at 3.52%, a level that implies rental growth has not fully caught up with the pace of sale-price appreciation. For investors tracking Alcobaça in September 2026, the key takeaway is clear: pricing momentum is positive, but apartment economics are being pulled in opposite directions by firmer sales values and steadier rents.