Elvas – Real Estate Investment Overview
Data updated monthly.Last update:June 5, 2026
Portalegre district
Confidence
Low
Market Overview: Score, Prices and Rental Yields
Market Score
60Fair
60 / 100
Investability
42Price momentum
33Rental demand
90Sales demand
65Median Sale Price
€120,000
1M
+9.1%
1Y
0%
| Month | Median Sale Price |
|---|---|
| July | €120,000 |
| August | €115,000 |
| September | €119,000 |
| October | €108,000 |
| November | €115,000 |
| December | €110,000 |
| January | €115,000 |
| February | €117,500 |
| March | €120,000 |
| April | €120,000 |
| May | €110,000 |
| June | €120,000 |
Median Rent Price
€540
1M
+16.2%
1Y
+19.4%
| Month | Median Rent Price |
|---|---|
| July | €590 |
| August | €360 |
| September | €680 |
| October | €670 |
| November | €620 |
| December | €530 |
| January | €750 |
| February | €450 |
| March | €390 |
| April | €500 |
| May | €460 |
| June | €540 |
Gross Rental Yield
7.35%
1M
+15.6%
1Y
+2.3%
| Month | Gross Rental Yield |
|---|---|
| July | 7.56% |
| August | 3.65% |
| September | 6.73% |
| October | 8.26% |
| November | 7.32% |
| December | 6.45% |
| January | 7.7% |
| February | 6.68% |
| March | 7.68% |
| April | 5.69% |
| May | 6.36% |
| June | 7.35% |
Square meter cost
€1,430
1M
-1.3%
1Y
+16.7%
| Month | Square meter cost |
|---|---|
| July | €1,240 |
| August | €1,260 |
| September | €1,280 |
| October | €1,350 |
| November | €1,350 |
| December | €1,290 |
| January | €1,200 |
| February | €1,420 |
| March | €1,500 |
| April | €1,500 |
| May | €1,450 |
| June | €1,430 |
Market Breakdown
Listings by property size
Studio (19%)
1 bedroom (37%)
2 bedroom (25%)
3 bedroom (13%)
4+ bedroom (6%)
| Category | Listings by property size |
|---|---|
| Studio (19%) | 10 listings (19%) |
| 1 bedroom (37%) | 19 listings (37%) |
| 2 bedroom (25%) | 13 listings (25%) |
| 3 bedroom (13%) | 7 listings (13%) |
| 4+ bedroom (6%) | 3 listings (6%) |
Sales Activity Index
32 %
Rent Activity Index
63 %
Gross Rental Yield
| Category | Gross Rental Yield |
|---|---|
| Studio | 6.28% |
| 1 bedroom | 5.17% |
| 2 bedroom | 8.41% |
| 3 bedroom | 8.49% |
| 4+ bedroom | 13.29% |
| Category | Gross Rental Yield |
|---|---|
| < 30 m² apartments | 0% |
| 30-40 m² apartments | 4.25% |
| 40-50 m² apartments | 0% |
| 50-60 m² apartments | 9.25% |
| 60-70 m² apartments | 9.8% |
| 70-80 m² apartments | 0% |
| 80-90 m² apartments | 11.5% |
| 90-100 m² apartments | 0% |
| 100-110 m² apartments | 0% |
| 110-120 m² apartments | 6.55% |
| 120-130 m² apartments | 0% |
| 130-140 m² apartments | 0% |
| 140-150 m² apartments | 0% |
Square meter cost
| Category | Square meter cost |
|---|---|
| Studio | €1,480 |
| 1 bedroom | €1,820 |
| 2 bedroom | €920 |
| 3 bedroom | €1,320 |
| 4+ bedroom | €1,110 |
| Category | Square meter cost |
|---|---|
| < 30 m² apartments | 3000 |
| 30-40 m² apartments | 3080 |
| 40-50 m² apartments | 0 |
| 50-60 m² apartments | 1270 |
| 60-70 m² apartments | 1000 |
| 70-80 m² apartments | 1730 |
| 80-90 m² apartments | 1460 |
| 90-100 m² apartments | 870 |
| 100-110 m² apartments | 1440 |
| 110-120 m² apartments | 1430 |
| 120-130 m² apartments | 1260 |
| 130-140 m² apartments | 0 |
| 140-150 m² apartments | 1380 |
Number of listings for sale
| Category | Number of listings for sale |
|---|---|
| Studio | 8 |
| 1 bedroom | 14 |
| 2 bedroom | 12 |
| 3 bedroom | 6 |
| 4+ bedroom | 2 |
| Category | Number of listings for sale |
|---|---|
| < 30 m² apartments | 1 |
| 30-40 m² apartments | 4 |
| 40-50 m² apartments | 0 |
| 50-60 m² apartments | 3 |
| 60-70 m² apartments | 5 |
| 70-80 m² apartments | 4 |
| 80-90 m² apartments | 5 |
| 90-100 m² apartments | 4 |
| 100-110 m² apartments | 3 |
| 110-120 m² apartments | 3 |
| 120-130 m² apartments | 3 |
| 130-140 m² apartments | 0 |
| 140-150 m² apartments | 3 |
Number of listings for rent
| Category | Number of listings for rent |
|---|---|
| Studio | 2 |
| 1 bedroom | 5 |
| 2 bedroom | 1 |
| 3 bedroom | 1 |
| 4+ bedroom | 1 |
| Category | Number of listings for rent |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 1 |
| 40-50 m² apartments | 2 |
| 50-60 m² apartments | 2 |
| 60-70 m² apartments | 1 |
| 70-80 m² apartments | 0 |
| 80-90 m² apartments | 1 |
| 90-100 m² apartments | 0 |
| 100-110 m² apartments | 0 |
| 110-120 m² apartments | 3 |
| 120-130 m² apartments | 0 |
| 130-140 m² apartments | 0 |
| 140-150 m² apartments | 0 |
Market Trends
Top submarkets
Premium
NameScoreGross YieldMedian Sale Price
Potential annual revenue
€6,480
Studio
€10.2k
1 bedroom
€5,400
2 bedroom
€6,960
3 bedroom
€13.8k
4+ bedroom
€21.6k
Median Sale Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €72.3k | €105k | €160k | €135k |
| August | €90k | €111.5k | €125k | €135k |
| September | €92.5k | €105k | €139k | €135k |
| October | €75k | €107.5k | €117k | €122.5k |
| November | €69.7k | €110k | €128k | €122.5k |
| December | €69.7k | €110k | €124k | €135k |
| January | €64.8k | €110k | €159k | €135k |
| February | €69.7k | €112.5k | €159k | €117.5k |
| March | €70k | €117.5k | €154.3k | €170k |
| April | €109.5k | €110k | €170k | €165k |
| May | €92k | €91.5k | €165k | €140k |
| June | €104.5k | €82k | €162.5k | €162.5k |
Median Rent Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | -- | -- | -- | €850 |
| August | €360 | -- | -- | -- |
| September | €340 | €850 | €500 | -- |
| October | €550 | €800 | -- | -- |
| November | €550 | €740 | -- | -- |
| December | €550 | €500 | -- | -- |
| January | €620 | €750 | -- | -- |
| February | €540 | €250 | -- | -- |
| March | -- | -- | -- | €750 |
| April | €460 | €500 | €600 | €750 |
| May | €450 | €620 | -- | €750 |
| June | €450 | €580 | €1,150 | €1,800 |
Years to profit (sale to rent ratio)
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | -- | -- | -- | 13.24 |
| August | 21.13 | -- | -- | -- |
| September | 22.67 | 10.29 | 23.17 | -- |
| October | 11.36 | 11.2 | -- | -- |
| November | 10.56 | 12.47 | -- | -- |
| December | 10.56 | 18.33 | -- | -- |
| January | 8.72 | 12.22 | -- | -- |
| February | 10.76 | 37.5 | -- | -- |
| March | -- | -- | -- | 18.89 |
| April | 19.95 | 18.33 | 23.61 | 18.33 |
| May | 17.04 | 12.4 | -- | 15.56 |
| June | 19.35 | 11.88 | 11.78 | 7.52 |
Square meter cost
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €1,320 | €1,210 | €1,110 | €1,090 |
| August | €1,640 | €1,240 | €850 | €1,090 |
| September | €1,680 | €1,280 | €980 | €1,090 |
| October | €1,360 | €1,330 | €1,080 | €1,060 |
| November | €1,270 | €1,340 | €1,140 | €1,060 |
| December | €1,010 | €1,290 | €1,140 | €1,090 |
| January | €940 | €1,220 | €1,420 | €1,090 |
| February | €1,030 | €1,340 | €1,330 | €870 |
| March | €1,030 | €1,380 | €1,530 | €1,590 |
| April | €2,090 | €1,330 | €1,210 | €1,540 |
| May | €1,750 | €1,120 | €1,150 | €1,550 |
| June | €1,820 | €920 | €1,320 | €1,110 |
Investment Insights by Districts
Premium
##
Gross Rental Yield
20 %
Median Sale Price
€88.9k
Median Rent Price
€8,890
Premium
##
Gross Rental Yield
20 %
Median Sale Price
€88.9k
Median Rent Price
€8,890
Premium
##
Gross Rental Yield
20 %
Median Sale Price
€88.9k
Median Rent Price
€8,890
Premium
##
Gross Rental Yield
20 %
Median Sale Price
€88.9k
Median Rent Price
€8,890
Premium
##
Gross Rental Yield
20 %
Median Sale Price
€88.9k
Median Rent Price
€8,890
Premium
##
Gross Rental Yield
20 %
Median Sale Price
€88.9k
Median Rent Price
€8,890
Premium
##
Gross Rental Yield
20 %
Median Sale Price
€88.9k
Median Rent Price
€8,890
Premium
##
Gross Rental Yield
20 %
Median Sale Price
€88.9k
Median Rent Price
€8,890
All | 7.35 % | 42 | 10 | €120,000 | €540 |
Studio | 6.28 % | 8 | 2 | €162,500 | €850 |
1 Bedroom | 5.17 % | 14 | 5 | €104,500 | €450 |
2 Bedrooms | 8.41 % | 12 | 1 | €82,000 | €580 |
3 Bedrooms | 8.49 % | 6 | 1 | €162,500 | €1,150 |
4+ Bedrooms | 13.29 % | 2 | 1 | €162,500 | €1,800 |
Low Yield (<=4%)
Moderate Yield (4% - 5%)
High Yield (5% - 7%)
Very High Yield (7% - 9%)
Target Yield (>9%)
Summary and Key Takeaways
With a median rental yield of 7.35% and property prices starting at €82,000, Elvas
remains one of Portugal’s most attractive markets.
Median property prices in Elvas are €120,000, while the median rent is €540. This means that a median property in Elvas will pay for itself in 18.5 years.
Detailed real estate yield breakdown:
A median Studio apartment: 6.28% yield, sale price €162,500, rent €850.
A median 1-bedroom apartment: 5.17% yield, sale price €104,500, rent €450.
A median 2-bedroom apartment: 8.41% yield, sale price €82,000, rent €580.
A median 3-bedroom apartment: 8.49% yield, sale price €162,500, rent €1,150.
A median 4+ bedroom apartment: 13.29% yield, sale price €162,500, rent €1,800.
Where exactly to buy the property?