Peniche Property Prices, Rents & Rental Yields

About Peniche

Peniche sits on Portugal’s Atlantic coast in Leiria district, where a fishing port, beaches and the nearby Berlengas give the city a distinctive maritime setting. Its peninsula places the waterfront close to the everyday urban fabric.

In October 2026, the clearest signal for apartments is a gap between prices per square metre and rental income. The average price per square metre is up 13.8% year on year, while the average rent is down 7.0% over the same period. Those directions matter more than either move in isolation: a higher price attached to each square metre has not, on these figures, come with a corresponding increase in monthly rent. For an investor comparing purchase cost with potential income, that divergence deserves closer attention than a headline about prices alone.

The reported yield stands at 3.99%, and the average apartment sale price is €295,500. Together, they offer a useful snapshot, not a guarantee of what any particular flat will deliver. Property size, condition and achievable rent can change the arithmetic for an individual purchase; the supplied averages cannot establish those details. The more defensible reading is that prices per square metre and rents are moving in opposite directions over the year. Investors should therefore test rental assumptions against the purchase price of each property rather than assume that higher values per square metre will translate into stronger income returns.