Guimarães Property Prices, Rents & Rental Yields

About Guimarães

Guimarães blends historic character with a compact urban fabric in the Braga district, giving the city a distinctive identity within northern Portugal. Its heritage core, residential neighborhoods and local services make it a closely watched apartment market for long-term positioning.

September 2026 brings the clearest signal: apartment prices are still moving higher, even as rental growth remains comparatively restrained. The average sale price now stands at €280,000, up 1.8% month on month and 12.0% year on year, while the average rent is €860, up 1.5% over the year. That gap between faster capital growth and slower income growth is the main tension in the market this month.

On a per-square-meter basis, pricing is more mixed. The average stands at €2,260 per m2, which is down 1.1% from the previous month but still up 13.8% from a year earlier. Against that backdrop, the estimated yield of 4.23% suggests returns remain workable, though the recent rise in sale values points to a tighter income-to-price balance than before.