Almada Property Prices, Rents & Rental Yields

About Almada

Almada sits on the south bank of the Tagus opposite Lisbon, combining river and Atlantic access with strong urban connections and coastal outlooks. As a city in Setúbal district, it offers a distinctly metropolitan setting shaped by proximity, movement and views across the water.

August 2026 points to a market where pricing is still adjusting rather than accelerating. The average apartment sale price in Almada is €351,500, up 0.4% month on month, while the average rent is unchanged at €1,300. That stability in rent contrasts with the weaker annual picture on values, as average sale prices are down 6.3% year on year.

For investors, the key tension is between softer capital values and steadier income. The average price per square metre is €3,740, down 0.6% over the month and 0.3% over the year, which suggests a cautious backdrop even as rent growth remains positive at 4.0% annually. In that setting, the current gross yield of 4.69% reads as a measured return profile rather than a momentum-driven one, with August offering a clearer reminder that income and pricing are moving at different speeds.