Guimarães Property Prices, Rents & Rental Yields

About Guimarães

Guimarães pairs a historic city core with a strong cultural identity and a well-known role in Portugal’s north. For apartment investors, that mix gives the city a lasting appeal that is tied to place, heritage, and an established urban fabric.

July 2026 brings the clearest signal from prices: apartments are still more expensive than a year ago, even if the latest monthly movement has paused. The average sale price stands at €279,000, while the average price per m2 is €2,330, both down 0.4% month over month but still up 11.6% and 15.3% year over year respectively. That gap suggests a market where recent momentum has cooled a little, yet the broader revaluation remains intact.

The tension for investors is visible in the income side. Average rent is €850, up 5.6% in the month but down 0.6% over the year, which leaves the current yield at 4.35%. In other words, the latest rent rebound is helping offset softer annual rental growth, but it has not fully reversed the pressure created by higher capital values. For apartment buyers in Guimarães, July 2026 points to a market that still shows pricing strength over the longer run, while near-term income returns remain relatively constrained.