Évora Property Prices, Rents & Rental Yields

About Évora

Évora, the historic heart of the Alentejo and a UNESCO-listed city, blends a compact urban core with a strong heritage setting. Its stone streets, landmark monuments, and broad regional role give it a distinctive long-term appeal that continues to anchor residential interest in the city.

September 2026 points to a market where prices are still moving higher, but not without pressure on investor returns. Houses in Évora now average €400,000, after a 2.6% monthly rise and a 7.4% increase over the past year. That growth has been reinforced at the metre level too, with average pricing at €2,560 per m2, up 5.2% month on month and 15.6% year on year.

Against that backdrop, rental progress looks comparatively restrained. The average house rent stands at €1,260, which is only 0.9% higher than both the previous month and the same point last year. As a result, the headline yield sits at 5.04%, suggesting that capital values have been advancing faster than rent income. For investors, the key tension in Évora this month is clear: a strengthening sale market is improving asset values, while rental growth is advancing too slowly to fully offset the rise in acquisition costs.