Portugal is a southern European country situated along the Atlantic Ocean, sharing its entire land border with Spain. The population and economic activity are heavily concentrated along the western coast, leaving the interior more sparsely populated. Mount Pico stands as the highest point in the territory. The capital city of Lisbon and the northern hub of Porto serve as the primary centres for commerce, administration, employment, and higher education.
In practice, the housing market is concentrated in a few key coastal regions, with prices varying significantly between them. Porto holds the largest share of the country's housing stock, followed by Lisbon and Setúbal. The most expensive properties are found in Faro and Lisbon, while Braga, Aveiro, and Coimbra offer more affordable options. Moving from the metropolitan hubs of Lisbon and Porto to provincial cities like Braga or Coimbra brings a noticeable drop in housing costs. Within the major urban areas, prices also shift, with the city of Lisbon commanding higher prices than nearby Almada or Seixal.
