Guarda district – Real Estate Investment Overview

Data updated monthly.Last update:June 4, 2026
Portugal
Confidence
Low

Market Overview: Score, Prices and Rental Yields

Market Score

18Poor
18 / 100
Investability
31
Price momentum
7
Rental demand
0
Sales demand
0

Median Sale Price

€80,000
1M
0%
1Y
+6.7%
Median Sale Price
MonthMedian Sale Price
July€75,000
August€78,000
September€79,500
October€80,000
November€80,000
December€80,000
January€80,000
February€80,000
March€80,000
April€85,000
May€80,000
June€80,000

Median Rent Price

€600
1M
0%
1Y
0%
Median Rent Price
MonthMedian Rent Price
July€600
August€630
September€650
October€600
November€600
December€600
January€690
February€600
March€600
April€580
May€600
June€600

Gross Rental Yield

10.87%
1M
-8.3%
1Y
+6.3%
Gross Rental Yield
MonthGross Rental Yield
July12.77%
August14.04%
September13.32%
October12.52%
November13.14%
December12.53%
January13.54%
February11.27%
March11.34%
April10.74%
May11.85%
June10.87%

Square meter cost

€480
1M
-3%
1Y
+6%
Square meter cost
MonthSquare meter cost
July€470
August€460
September€490
October€500
November€480
December€490
January€500
February€500
March€500
April€520
May€500
June€480

Market Breakdown

Listings by property size

<100m² (26%)
100—200m² (35%)
200—300m² (19%)
>300m² (20%)
Listings by property size
CategoryListings by property size
<100m² (26%)304 listings (26%)
100—200m² (35%)418 listings (35%)
200—300m² (19%)231 listings (19%)
>300m² (20%)234 listings (20%)

Sales Activity Index

12 %

Rent Activity Index

30 %

Gross Rental Yield

Gross Rental Yield
CategoryGross Rental Yield
<100m²12.63%
100—200m²10.67%
200—300m²7.5%
>300m²6.73%

Square meter cost

Square meter cost
CategorySquare meter cost
<100m²€710
100—200m²€480
200—300m²€500
>300m²€580

Number of listings for sale

Number of listings for sale
CategoryNumber of listings for sale
<100m²293
100—200m²409
200—300m²227
>300m²233

Number of listings for rent

Number of listings for rent
CategoryNumber of listings for rent
<100m²11
100—200m²9
200—300m²4
>300m²1

Market Trends

Top submarkets

NameScoreGross YieldMedian Sale Price

Potential annual revenue

€7,200

<100m²

€6,000

100—200m²

€7,200

200—300m²

€9,000

>300m²

€15.5k

Median Sale Price

Median Sale Price
Month<100m²100—200m²200—300m²>300m²
July€43k€65k€120k€190k
August€41k€64.0k€120k€200k
September€45k€65k€125k€200k
October€45k€65k€130k€200k
November€43k€65k€125k€200k
December€45k€66.5k€138.5k€225k
January€47.3k€65k€138.5k€225k
February€46.3k€65k€132.5k€225k
March€49k€68k€127.5k€230k
April€48k€69.5k€128.8k€221.5k
May€45k€65k€110k€223k
June€47.5k€67.5k€120k€230k

Median Rent Price

Median Rent Price
Month<100m²100—200m²200—300m²>300m²
July€470€650€1,580€1,970
August€600€600€1,580€1,850
September€580€600€1,580€2,000
October€500€680€1,550€1,500
November€500€700€1,550€1,400
December€450€820€1,550€1,400
January€550€830€1,550€1,400
February€500€600€1,000€1,400
March€500€600€1,550€1,290
April€500€600€700€1,290
May€500€710€750€1,290
June€500€600€750€1,290

Years to profit (sale to rent ratio)

Years to profit (sale to rent ratio)
Month<100m²100—200m²200—300m²>300m²
July7.628.336.358.02
August5.698.886.359.01
September6.529.036.618.33
October7.58.026.9911.11
November7.177.746.7211.95
December8.336.87.4513.44
January7.166.537.4513.44
February7.719.0311.0413.44
March8.179.446.8514.86
April89.6515.3314.31
May7.57.6312.2214.41
June7.929.3813.3314.86

Square meter cost

Square meter cost
Month<100m²100—200m²200—300m²>300m²
July€600€460€500€450
August€590€460€500€480
September€630€460€530€500
October€630€460€540€500
November€610€460€520€500
December€640€480€580€560
January€680€460€580€560
February€660€460€550€560
March€700€490€530€580
April€680€500€540€560
May€640€460€460€570
June€710€480€500€580

About Guarda district

Guarda district sits in eastern central Portugal, a largely mountainous and green landscape with historic towns and river valleys. The regional capital, the hill town of Guarda, anchors a traditional countryside marked by medieval fortifications and religious art. The district spans varied terrain, from granite hills to sheltered valleys, and has long served as a corridor between the interior and coastal routes. Its heritage blends rural customs with artisan crafts, shaping a pace defined by seasons.

Economic drivers include tourism focused on nature, historic villages, and religious heritage; administration and services; and cross-border commerce with Spain. A local polytechnic and related facilities sustain skilled labor, while logistics and small industry connect the region to larger markets.

Rental demand is driven by students, professionals, digital nomads, and visitors seeking nature and cultural experiences.
All
4.57 %
82
22
€160,000
€600
Studio
4.86 %
27
4
€185,000
€750
1 Bedroom
3.75 %
1
6
€160,000
€500
2 Bedrooms
4.14 %
25
6
€145,000
€500
3 Bedrooms
4.88 %
22
5
€155,000
€630
4+ Bedrooms
5.33 %
7
1
€169,000
€750

Summary and Key Takeaways

With a median rental yield of 4.57% and property prices starting at €145,000, Guarda district

may become a good investment option for some investors.

Median property prices in Guarda district are €160,000, while the median rent is €600. This means that a median property in Guarda district will pay for itself in 22.2 years.

Detailed real estate yield breakdown:

A median Studio apartment: 4.86% yield, sale price €185,000, rent €750.

A median 1-bedroom apartment: 3.75% yield, sale price €160,000, rent €500.

A median 2-bedroom apartment: 4.14% yield, sale price €145,000, rent €500.

A median 3-bedroom apartment: 4.88% yield, sale price €155,000, rent €630.

A median 4+ bedroom apartment: 5.33% yield, sale price €169,000, rent €750.

Where exactly to buy the property?