Santarém district Property Prices, Rents & Rental Yields

About Santarém district

Santarém district sits at the meeting point of central Portugal’s inland landscapes and river corridors, combining agricultural hinterland, historic towns and transport connections that reach toward Lisbon. For apartment investors, that geography helps explain why the market often moves with both local living needs and wider regional flows.

September 2026 brings the clearest signal in Santarém district’s apartment market: values are still moving higher, while income growth is not keeping pace. The average sale price now stands at €270,000, after rising 0.8% month over month and 17.4% year over year. That annual increase is echoed in pricing per square metre, which has climbed to €2,240, up 0.4% on the month and 18.9% on the year.

Against that backdrop, the rental side looks firmer but still less dynamic than sales pricing. The average rent is €950, following a 5.6% monthly rise and an 11.8% increase over 12 months. The result is a yield of 4.37%, a level that suggests apartment returns remain positive, but not immune to the pressure created when asset prices rise faster than rents. In practical terms, September’s numbers point to a market where capital values are still advancing, while the rental base is improving more slowly, keeping investor economics under closer scrutiny.