Rental Yield Overview

Portugal’s apartment market posts a 4.9% average gross rental yield in July 2026, with a median purchase price of €365,000 and median monthly rent of €1,350. City comparisons show a wide spread, from higher-yield markets such as Albufeira and Sintra to lower-yield locations including Cascais and Lisbon, while apartment bedroom bands also vary by market.

Gross Rental Yield Table

Apartment yield patterns by bedroom band are anchored by the median market figures of €365,000 for purchase price, €1,350 for monthly rent and 4.9% annual gross rental yield. In Lisbon, smaller units show slightly stronger yields than larger ones, while Porto and Vila Nova de Gaia combine lower purchase prices with more varied apartment yields across studio, 1-bedroom, 2-bedroom, 3-bedroom and 4+ bedroom homes.

Read each market block by area and apartment segment, then compare median purchase price, median monthly rent, and Yield (p.a.).

Portugal - Apartments Location Area / scope Property segment		COST (€)		Yield (p.a.) Yield (p.a.)
		TO BUY Median Purchase Price	MONTHLY RENT MONTHLY RENT	Yield (p.a.) Yield (p.a.)
All Portugal
	Studio apartment	€235,000	€930	4.7%
	1-bedroom apartment	€295,000	€1,150	4.7%
	2-bedroom apartment	€365,000	€1,490	4.9%
	3-bedroom apartment	€400,000	€1,700	5.1%
	4+ bedroom apartment	€499,000	€2,150	5.2%
	Median	€365,000	€1,350	4.9%
Lisbon - Apartments Location Area / scope Property segment		COST (€)		Yield (p.a.) Yield (p.a.)
Lisbon - Apartments Location Area / scope Property segment		TO BUY Median Purchase Price	MONTHLY RENT MONTHLY RENT	Yield (p.a.) Yield (p.a.)
All Lisbon
	Studio apartment	€325,000	€1,130	4.2%
	1-bedroom apartment	€445,000	€1,450	3.9%
	2-bedroom apartment	€590,000	€1,800	3.7%
	3-bedroom apartment	€660,000	€2,150	3.9%
	4+ bedroom apartment	€750,000	€2,400	3.8%
	Median	€599,000	€1,750	4%

	2-bedroom apartment	€429,900	€1,440	4%
	3-bedroom apartment	€599,900	€1,650	3.3%
	Median	€529,900	€1,450	3.7%

	1-bedroom apartment	€435,000	€1,420	3.9%
	2-bedroom apartment	€672,000	€1,600	2.9%
	3-bedroom apartment	€842,000	€2,000	2.9%
	4+ bedroom apartment	€850,000	€2,300	3.2%
	Median	€723,500	€1,850	3.1%

	Studio apartment	€290,000	€1,150	4.8%
	1-bedroom apartment	€480,000	€1,450	3.6%
	2-bedroom apartment	€812,500	€2,000	2.9%
	3-bedroom apartment	€975,000	€2,800	3.4%
	Median	€700,000	€1,770	3.7%
Porto - Apartments Location Area / scope Property segment		COST (€)		Yield (p.a.) Yield (p.a.)
Porto - Apartments Location Area / scope Property segment		TO BUY Median Purchase Price	MONTHLY RENT MONTHLY RENT	Yield (p.a.) Yield (p.a.)
All Porto
	Studio apartment	€251,000	€950	4.5%
	1-bedroom apartment	€307,500	€1,050	4.1%
	2-bedroom apartment	€445,000	€1,350	3.6%
	3-bedroom apartment	€580,500	€1,700	3.5%
	4+ bedroom apartment	€610,000	€2,100	4.1%
	Median	€395,000	€1,200	4.2%

	Studio apartment	€285,000	€1,060	4.5%
	1-bedroom apartment	€360,000	€1,150	3.8%
	2-bedroom apartment	€625,000	€1,400	2.7%
	Median	€410,000	€1,190	4.2%

	Studio apartment	€252,500	€900	4.3%
	1-bedroom apartment	€289,000	€1,100	4.6%
	2-bedroom apartment	€439,500	€1,200	3.3%
	3-bedroom apartment	€450,000	€1,600	4.3%
	Median	€350,000	€1,100	4.4%

	1-bedroom apartment	€365,000	€1,000	3.3%
	2-bedroom apartment	€582,500	€1,480	3%
	3-bedroom apartment	€832,000	€1,950	2.8%
	4+ bedroom apartment	€1,062,000	€1,750	2%
	Median	€610,000	€1,350	3.2%
Cascais - Apartments Location Area / scope Property segment		COST (€)		Yield (p.a.) Yield (p.a.)
Cascais - Apartments Location Area / scope Property segment		TO BUY Median Purchase Price	MONTHLY RENT MONTHLY RENT	Yield (p.a.) Yield (p.a.)
All Cascais
	Studio apartment	€355,000	€1,100	3.7%
	1-bedroom apartment	€535,000	€1,500	3.4%
	2-bedroom apartment	€700,000	€2,000	3.4%
	3-bedroom apartment	€823,500	€2,850	4.2%
	4+ bedroom apartment	€1,125,000	€3,850	4.1%
	Median	€700,000	€2,100	3.8%

	1-bedroom apartment	€527,500	€1,400	3.2%
	2-bedroom apartment	€787,000	€1,800	2.7%
	3-bedroom apartment	€850,000	€2,000	2.8%
	4+ bedroom apartment	€1,200,000	€2,900	2.9%
	Median	€717,500	€1,800	3.3%

	1-bedroom apartment	€660,000	€1,800	3.3%
	2-bedroom apartment	€890,000	€2,300	3.1%
	3-bedroom apartment	€985,000	€3,500	4.3%
	4+ bedroom apartment	€1,175,000	€3,750	3.8%
	Median	€850,000	€2,480	3.9%

	1-bedroom apartment	€480,000	€1,400	3.5%
	2-bedroom apartment	€750,000	€2,200	3.5%
	3-bedroom apartment	€1,230,000	€3,600	3.5%
	Median	€792,500	€2,250	3.7%
Vila Nova de Gaia - Apartments Location Area / scope Property segment		COST (€)		Yield (p.a.) Yield (p.a.)
		TO BUY Median Purchase Price	MONTHLY RENT MONTHLY RENT	Yield (p.a.) Yield (p.a.)
All Vila Nova de Gaia
	Studio apartment	€225,000	€870	4.6%
	1-bedroom apartment	€270,000	€1,000	4.4%
	2-bedroom apartment	€315,750	€1,250	4.8%
	3-bedroom apartment	€430,000	€1,500	4.2%
	4+ bedroom apartment	€630,000	€1,850	3.5%
	Median	€340,000	€1,200	4.6%

	1-bedroom apartment	€297,000	€1,250	5.1%
	2-bedroom apartment	€436,000	€1,650	4.5%
	3-bedroom apartment	€660,000	€2,300	4.2%
	Median	€495,000	€1,500	4.6%

	Studio apartment	€219,500	€800	4.4%
	1-bedroom apartment	€275,000	€1,000	4.4%
	2-bedroom apartment	€325,000	€1,300	4.8%
	Median	€329,000	€1,200	4.6%

	1-bedroom apartment	€239,500	€970	4.9%
	2-bedroom apartment	€335,000	€1,250	4.5%
	3-bedroom apartment	€394,500	€1,450	4.4%
	Median	€328,750	€1,200	4.7%
Braga - Apartments Location Area / scope Property segment		COST (€)		Yield (p.a.) Yield (p.a.)
Braga - Apartments Location Area / scope Property segment		TO BUY Median Purchase Price	MONTHLY RENT MONTHLY RENT	Yield (p.a.) Yield (p.a.)
All Braga
	Studio apartment	€190,000	€850	5.4%
	1-bedroom apartment	€245,000	€900	4.4%
	2-bedroom apartment	€299,000	€1,000	4%
	3-bedroom apartment	€330,000	€1,200	4.4%
	4+ bedroom apartment	€349,950	€1,400	4.8%
	Median	€299,000	€1,000	4.4%

	1-bedroom apartment	€265,000	€800	3.6%
	2-bedroom apartment	€275,000	€950	4.1%
	3-bedroom apartment	€293,650	€1,200	4.9%
	Median	€275,000	€1,000	4.4%

	2-bedroom apartment	€269,000	€1,000	4.5%
	Median	€249,900	€990	4.7%

	1-bedroom apartment	€292,380	€990	4.1%
	2-bedroom apartment	€329,900	€1,280	4.6%
	Median	€285,000	€1,000	5.1%
Coimbra - Apartments Location Area / scope Property segment		COST (€)		Yield (p.a.) Yield (p.a.)
Coimbra - Apartments Location Area / scope Property segment		TO BUY Median Purchase Price	MONTHLY RENT MONTHLY RENT	Yield (p.a.) Yield (p.a.)
All Coimbra
	Studio apartment	€200,200	€650	3.9%
	1-bedroom apartment	€230,000	€800	4.2%
	2-bedroom apartment	€342,500	€990	3.5%
	3-bedroom apartment	€351,500	€1,130	3.8%
	4+ bedroom apartment	€380,000	€1,500	4.7%
	Median	€335,000	€850	4.1%

	2-bedroom apartment	€392,000	€990	3%
	3-bedroom apartment	€380,500	€1,050	3.3%
	Median	€375,000	€900	3.5%

	Median	€353,000	€950	4.1%

	Median	€289,000	€750	4.3%
Aveiro - Apartments Location Area / scope Property segment		COST (€)		Yield (p.a.) Yield (p.a.)
Aveiro - Apartments Location Area / scope Property segment		TO BUY Median Purchase Price	MONTHLY RENT MONTHLY RENT	Yield (p.a.) Yield (p.a.)
All Aveiro
	Studio apartment	€228,000	€800	4.2%
	1-bedroom apartment	€285,000	€950	4%
	2-bedroom apartment	€362,500	€1,150	3.8%
	3-bedroom apartment	€425,000	€1,350	3.8%
	4+ bedroom apartment	€550,000	€1,500	3.3%
	Median	€355,000	€1,000	3.9%

	Studio apartment	€228,000	€800	4.2%
	1-bedroom apartment	€288,000	€950	4%
	2-bedroom apartment	€415,000	€1,220	3.5%
	3-bedroom apartment	€450,000	€1,500	4%
	Median	€400,000	€1,080	3.9%

	Median	€350,000	€970	3.6%

	Median	€299,500	€800	3.7%
Madeira Island - Apartments Location Area / scope Property segment		COST (€)		Yield (p.a.) Yield (p.a.)
		TO BUY Median Purchase Price	MONTHLY RENT MONTHLY RENT	Yield (p.a.) Yield (p.a.)
All Madeira Island
	Studio apartment	€350,000	€1,180	4%
	1-bedroom apartment	€380,000	€1,350	4.3%
	2-bedroom apartment	€450,000	€1,800	4.8%
	3-bedroom apartment	€560,500	€2,000	4.3%
	4+ bedroom apartment	€687,500	€2,150	3.8%
	Median	€460,000	€1,600	4.6%
Albufeira - Apartments Location Area / scope Property segment		COST (€)		Yield (p.a.) Yield (p.a.)
		TO BUY Median Purchase Price	MONTHLY RENT MONTHLY RENT	Yield (p.a.) Yield (p.a.)
All Albufeira
	Studio apartment	€185,000	€1,000	6.5%
	1-bedroom apartment	€279,000	€1,230	5.3%
	2-bedroom apartment	€427,500	€1,790	5%
	3-bedroom apartment	€560,000	€5,870	12.6%
	Median	€360,000	€1,600	6.6%

	1-bedroom apartment	€262,500	€1,200	5.5%
	2-bedroom apartment	€395,000	€1,600	4.9%
	Median	€320,000	€1,500	7.3%

	2-bedroom apartment	€495,000	€2,000	4.8%
	Median	€525,000	€2,250	8.6%

	Median	€510,000	€1,600	4.8%
Lagos - Apartments Location Area / scope Property segment		COST (€)		Yield (p.a.) Yield (p.a.)
Lagos - Apartments Location Area / scope Property segment		TO BUY Median Purchase Price	MONTHLY RENT MONTHLY RENT	Yield (p.a.) Yield (p.a.)
All Lagos
	Studio apartment	€337,500	€1,030	3.6%
	1-bedroom apartment	€530,000	€1,370	3.1%
	2-bedroom apartment	€545,000	€1,850	4.1%
	3-bedroom apartment	€530,000	€2,880	6.5%
	4+ bedroom apartment	€800,000	€3,500	5.3%
	Median	€540,000	€1,770	4.5%

	1-bedroom apartment	€535,000	€1,310	2.9%
	2-bedroom apartment	€545,000	€1,810	4%
	3-bedroom apartment	€535,000	€2,950	6.6%
	Median	€540,000	€1,830	4.6%

	Median	€436,000	€1,500	5.4%

	Median	€397,500	€1,560	5.5%
Sintra - Apartments Location Area / scope Property segment		COST (€)		Yield (p.a.) Yield (p.a.)
Sintra - Apartments Location Area / scope Property segment		TO BUY Median Purchase Price	MONTHLY RENT MONTHLY RENT	Yield (p.a.) Yield (p.a.)
All Sintra
	Studio apartment	€245,000	€850	4.2%
	1-bedroom apartment	€263,000	€1,050	4.8%
	2-bedroom apartment	€295,000	€1,250	5.1%
	3-bedroom apartment	€339,000	€1,600	5.7%
	4+ bedroom apartment	€375,000	€2,990	9.6%
	Median	€300,000	€1,300	5.2%

	2-bedroom apartment	€295,000	€1,200	4.9%
	Median	€295,000	€1,200	4.8%

	2-bedroom apartment	€320,000	€1,200	4.5%
	Median	€321,500	€1,200	4.9%

	Median	€280,000	€1,250	5.4%
Loulé - Apartments Location Area / scope Property segment		COST (€)		Yield (p.a.) Yield (p.a.)
Loulé - Apartments Location Area / scope Property segment		TO BUY Median Purchase Price	MONTHLY RENT MONTHLY RENT	Yield (p.a.) Yield (p.a.)
All Loulé
	Studio apartment	€247,500	€1,200	5.8%
	1-bedroom apartment	€360,000	€1,380	4.6%
	2-bedroom apartment	€559,500	€1,900	4.1%
	3-bedroom apartment	€737,500	€2,340	3.8%
	4+ bedroom apartment	€724,000	€2,200	3.6%
	Median	€550,000	€1,750	4.6%

	1-bedroom apartment	€382,500	€1,350	4.2%
	2-bedroom apartment	€559,000	€1,950	4.2%
	Median	€560,000	€1,800	4.5%

	1-bedroom apartment	€350,000	€1,500	5.1%
	2-bedroom apartment	€650,000	€1,750	3.2%
	Median	€620,000	€1,600	4.1%

	2-bedroom apartment	€480,000	€2,500	6.3%
	Median	€499,000	€1,800	5.1%
Source: BestYieldFinder analysis of apartment median asking rent and apartment median listing price inputs. Yields are gross before taxes, repairs, management fees, vacancy, financing, and other ownership costs.

Historical Rental Yields in Portugal

Apartment gross rental yield covered August 2025 to July 2026 and moved from 5.3% at the start of the period to 4.9% in the latest month. The series stayed near 5.0% for much of the year before easing in July 2026.

Aug 2025 to Jul 2026: Jul 2026 4.9% (-0.1% vs. Jun 2026).

Average Yields by Market

Among the city markets, Albufeira stands out at 6.6%, while Sintra records 5.2% and Vila Nova de Gaia and Madeira Island both sit at 4.6%. Lisbon is at 4.0% and Cascais at 3.8%, showing a clear gap between the stronger-yield and lower-yield apartment markets.

Selected public markets are compared by average gross rental yield.

Cities and Areas Compared

Selected city markets for comparison include Lisbon, Porto, Cascais, Vila Nova de Gaia, Braga, Coimbra, Aveiro, Madeira Island, Albufeira, Lagos, Sintra and Loulé. They show how apartment yields and pricing differ across established coastal, urban and inland locations.

Continue Researching Portugal

Continue from the Portugal yield table into public BestYieldFinder city markets and related country reports.

Location pages

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Methodology

This report uses BestYieldFinder monthly country, city, region, and selected district report data for Portugal, with apartments as the only comparison segment.

Apartment median monthly rent and apartment median purchase price are used to calculate gross rental yield.

Values are based on asking rent and listing price inputs. Net yields may be lower after taxes, repairs, management, vacancy, financing, and other ownership costs.

(Median Monthly Rent x 12) / Median Purchase Price x 100

Y_gross=12xR_medP_medx100

Gross Rental Yield

Y_gross

Annual rent divided by purchase price, shown as a percentage.

Median Rent

R_med

Typical monthly asking rent in the selected market and segment.

Median Purchase Price

P_med

Typical asking sale price in the selected market and segment.

R_med is monthly rent and P_med is purchase price. The result is gross yield before costs.NoteCity values are a weighted average of segment yields.