Almada Property Prices, Rents & Rental Yields

About Almada

Almada, in Portugal’s Setúbal district, combines a river-facing urban setting with direct access to the Lisbon metropolitan edge. Its apartment market reflects that position: closely linked to the capital, yet shaped by its own neighbourhood rhythm, transport connections, and varied residential stock.

July 2026 brought the clearest signal for apartment investors in Almada: prices softened while income held broadly steady. The average sale price stood at €350,000, down 2.8% from the previous month and 6.7% year on year, while the average price per square metre eased to €3,760, down 1.7% month on month and up just 0.4% over 12 months. That mix suggests valuation pressure rather than a broad-based correction.

For investors, the tension is straightforward. The average rent price remained at €1,300 in July, unchanged month on month but 4.0% higher than a year earlier, which supports a 4.74% yield. In other words, rental income is still doing enough to cushion a softer purchase market, but not enough to erase the effect of declining sale prices. Almada therefore looks like a market where pricing has eased faster than rent growth, leaving yields respectable but still sensitive to further movement in entry values.