Santarém – Real Estate Investment Overview
Market Overview: Score, Prices and Rental Yields
Market Score
Median Sale Price
| Month | Median Sale Price |
|---|---|
| July | €253,000 |
| August | €251,500 |
| September | €255,000 |
| October | €265,000 |
| November | €270,000 |
| December | €288,910 |
| January | €295,000 |
| February | €295,000 |
| March | €295,000 |
| April | €295,000 |
| May | €298,950 |
| June | €295,000 |
Median Rent Price
| Month | Median Rent Price |
|---|---|
| July | €950 |
| August | €1,000 |
| September | €1,000 |
| October | €1,000 |
| November | €1,000 |
| December | €950 |
| January | €950 |
| February | €950 |
| March | €1,100 |
| April | €1,100 |
| May | €1,000 |
| June | €1,000 |
Gross Rental Yield
| Month | Gross Rental Yield |
|---|---|
| July | 4.87% |
| August | 5.39% |
| September | 5.73% |
| October | 4.62% |
| November | 4.72% |
| December | 4.43% |
| January | 4.5% |
| February | 4.8% |
| March | 4.82% |
| April | 4.56% |
| May | 4.39% |
| June | 4.84% |
Square meter cost
| Month | Square meter cost |
|---|---|
| July | €2,000 |
| August | €2,050 |
| September | €2,090 |
| October | €2,230 |
| November | €2,320 |
| December | €2,310 |
| January | €2,360 |
| February | €2,340 |
| March | €2,370 |
| April | €2,300 |
| May | €2,280 |
| June | €2,270 |
Market Breakdown
Listings by property size
| Category | Listings by property size |
|---|---|
| Studio (42%) | 96 listings (42%) |
| 1 bedroom (2%) | 5 listings (2%) |
| 2 bedroom (19%) | 43 listings (19%) |
| 3 bedroom (31%) | 70 listings (31%) |
| 4+ bedroom (6%) | 14 listings (6%) |
Sales Activity Index
Rent Activity Index
Gross Rental Yield
| Category | Gross Rental Yield |
|---|---|
| Studio | 4.19% |
| 1 bedroom | 0% |
| 2 bedroom | 4% |
| 3 bedroom | 5.35% |
| 4+ bedroom | 4.48% |
| Category | Gross Rental Yield |
|---|---|
| < 30 m² apartments | 0% |
| 30-40 m² apartments | 0% |
| 40-50 m² apartments | 0% |
| 50-60 m² apartments | 0% |
| 60-70 m² apartments | 4.66% |
| 70-80 m² apartments | 4.8% |
| 80-90 m² apartments | 4.18% |
| 90-100 m² apartments | 5.42% |
| 100-110 m² apartments | 6.46% |
| 110-120 m² apartments | 3.63% |
| 120-130 m² apartments | 5.08% |
| 130-140 m² apartments | 5.4% |
| 140-150 m² apartments | 3.71% |
Square meter cost
| Category | Square meter cost |
|---|---|
| Studio | €2,160 |
| 1 bedroom | €2,320 |
| 2 bedroom | €2,870 |
| 3 bedroom | €2,310 |
| 4+ bedroom | €2,070 |
| Category | Square meter cost |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 0 |
| 50-60 m² apartments | 1880 |
| 60-70 m² apartments | 3200 |
| 70-80 m² apartments | 3130 |
| 80-90 m² apartments | 3300 |
| 90-100 m² apartments | 2750 |
| 100-110 m² apartments | 2500 |
| 110-120 m² apartments | 2370 |
| 120-130 m² apartments | 2420 |
| 130-140 m² apartments | 2220 |
| 140-150 m² apartments | 2120 |
Number of listings for sale
| Category | Number of listings for sale |
|---|---|
| Studio | 90 |
| 1 bedroom | 5 |
| 2 bedroom | 35 |
| 3 bedroom | 58 |
| 4+ bedroom | 13 |
| Category | Number of listings for sale |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 0 |
| 50-60 m² apartments | 2 |
| 60-70 m² apartments | 4 |
| 70-80 m² apartments | 7 |
| 80-90 m² apartments | 10 |
| 90-100 m² apartments | 12 |
| 100-110 m² apartments | 21 |
| 110-120 m² apartments | 26 |
| 120-130 m² apartments | 17 |
| 130-140 m² apartments | 21 |
| 140-150 m² apartments | 20 |
Number of listings for rent
| Category | Number of listings for rent |
|---|---|
| Studio | 6 |
| 1 bedroom | 0 |
| 2 bedroom | 8 |
| 3 bedroom | 12 |
| 4+ bedroom | 1 |
| Category | Number of listings for rent |
|---|---|
| < 30 m² apartments | 1 |
| 30-40 m² apartments | 2 |
| 40-50 m² apartments | 0 |
| 50-60 m² apartments | 0 |
| 60-70 m² apartments | 2 |
| 70-80 m² apartments | 1 |
| 80-90 m² apartments | 3 |
| 90-100 m² apartments | 2 |
| 100-110 m² apartments | 4 |
| 110-120 m² apartments | 2 |
| 120-130 m² apartments | 3 |
| 130-140 m² apartments | 4 |
| 140-150 m² apartments | 1 |
Market Trends
Top submarkets
Potential annual revenue
Studio
2 bedroom
3 bedroom
4+ bedroom
Median Sale Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €180.6k | €225k | €267.5k | €332.5k |
| August | €189k | €225k | €265k | €294.5k |
| September | €183k | €235k | €259.9k | €294.5k |
| October | €192.5k | €259k | €278.7k | €322k |
| November | €206k | €265k | €280k | €322k |
| December | €179k | €265k | €306k | €322k |
| January | €217k | €265k | €300.5k | €322k |
| February | €230k | €265k | €300k | €330k |
| March | €205k | €277.5k | €299.5k | €330k |
| April | €240k | €255k | €300k | €326k |
| May | €181.5k | €280k | €289k | €330k |
| June | €195k | €270k | €275k | €348k |
Median Rent Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €650 | €900 | €1,100 | €1,400 |
| August | €1,010 | €950 | €1,150 | €1,150 |
| September | €790 | €970 | €1,200 | €1,400 |
| October | €1,200 | €930 | €1,000 | €1,400 |
| November | €950 | €930 | €1,100 | €1,450 |
| December | €750 | €880 | €1,100 | -- |
| January | €730 | €1,000 | €950 | €1,200 |
| February | €650 | €900 | €1,300 | €1,200 |
| March | €780 | €980 | €1,290 | €1,150 |
| April | €780 | €870 | €1,150 | €1,180 |
| May | -- | €850 | €1,100 | €980 |
| June | -- | €900 | €1,230 | €1,300 |
Years to profit (sale to rent ratio)
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | 23.15 | 20.83 | 20.27 | 19.79 |
| August | 15.59 | 19.74 | 19.2 | 21.34 |
| September | 19.43 | 20.24 | 18.05 | 17.53 |
| October | 13.37 | 23.33 | 23.23 | 19.17 |
| November | 18.07 | 23.87 | 21.21 | 18.51 |
| December | 19.89 | 25.24 | 23.18 | -- |
| January | 24.94 | 22.08 | 26.36 | 22.36 |
| February | 29.49 | 24.54 | 19.23 | 22.92 |
| March | 21.83 | 23.72 | 19.35 | 23.91 |
| April | 25.81 | 24.44 | 21.74 | 23.12 |
| May | -- | 27.45 | 21.89 | 28.06 |
| June | -- | 25 | 18.71 | 22.31 |
Square meter cost
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €2,510 | €2,130 | €1,950 | €2,000 |
| August | €2,820 | €2,180 | €2,120 | €1,830 |
| September | €2,690 | €2,220 | €2,080 | €1,760 |
| October | €2,710 | €2,540 | €2,190 | €1,920 |
| November | €2,690 | €2,500 | €2,300 | €1,920 |
| December | €2,490 | €2,300 | €2,350 | €1,930 |
| January | €3,100 | €2,290 | €2,310 | €1,920 |
| February | €3,590 | €2,300 | €2,310 | €1,930 |
| March | €2,870 | €2,410 | €2,310 | €1,960 |
| April | €3,200 | €2,340 | €2,220 | €1,940 |
| May | €2,450 | €2,980 | €2,470 | €2,110 |
| June | €2,320 | €2,870 | €2,310 | €2,070 |
Investment Insights by Districts
About Santarém
Situated along the Tagus River in central Portugal, Santarém is a compact city with a rich historic character. Its terrain blends river flats with hilltop streets, and its old quarters preserve a lineage of medieval and early modern architecture, creating a timeless, walkable urban rhythm. Its economy blends public services, education, and tourism, underpinned by a surrounding agricultural belt and improving transport links that knit Santarém to Lisbon and other urban hubs. The city benefits from regional commerce, light manufacturing, and service activity anchored to its historic center. Rental demand centers on students and professionals who commute to regional jobs, along with short-stay visitors and seasonal workers in services and logistics. The appeal also attracts digital nomads seeking a quieter base near major transport corridors.
All | 4.84 % | 201 | 27 | €295,000 | €1,000 |
Studio | 4.19 % | 90 | 6 | €315,000 | €1,100 |
1 Bedroom | -- % | 5 | -- | €195,000 | -- |
2 Bedrooms | 4 % | 35 | 8 | €270,000 | €900 |
3 Bedrooms | 5.35 % | 58 | 12 | €275,000 | €1,230 |
4+ Bedrooms | 4.48 % | 13 | 1 | €348,000 | €1,300 |
Summary and Key Takeaways
With a median rental yield of 4.84% and property prices starting at €195,000, Santarém
may become a good investment option for some investors.
Median property prices in Santarém are €295,000, while the median rent is €1,000. This means that a median property in Santarém will pay for itself in 24.6 years.
Detailed real estate yield breakdown:
A median Studio apartment: 4.19% yield, sale price €315,000, rent €1,100.
A median 1-bedroom apartment: --% yield, sale price €195,000, rent --.
A median 2-bedroom apartment: 4.00% yield, sale price €270,000, rent €900.
A median 3-bedroom apartment: 5.35% yield, sale price €275,000, rent €1,230.
A median 4+ bedroom apartment: 4.48% yield, sale price €348,000, rent €1,300.
Where exactly to buy the property?
Santarém offers yields of up to 4.93% for a median apartment. Explore Santarém in more detail to find the most profitable neighborhoods.