Municipality · Portalegre

Elvas

Elvas sits in the Alto Alentejo sub-region of Portugal.

Last updated · First published

What does property cost in Elvas?

These are the two municipality-level medians INE publishes for Elvas: the transacted (sold) price and the median bank valuation, both per square metre. They are measured differently and are labelled separately, so a valuation is never presented as a sold price.

Median sold price · ElvasSold · INE

€938/m²

Elvas

CC BY 4.0
Median bank valuation · ElvasBank valuation · INE

€1,171/m²

Elvas

CC BY 4.0

How Elvas sold prices have moved

  • Median sold price · Elvas· Sold
Latest data: 1st Quarter 2026Median sold price · ElvasMedian sold price · Elvas: latest 938 €/m² in 1st Quarter 2026.938 €/m² · 1st Quarter 2026

Median sold price · Elvas: Instituto Nacional de Estatística (INE), Portugal · retrieved 2026-08-12T23:51:31.305187Z · CC BY 4.0

How Elvas sold prices have moved — data table — most recent 12 periods
PeriodMedian sold price · Elvas (€/m²)
2nd Quarter 2023606
3rd Quarter 2023593
4th Quarter 2023613
1st Quarter 2024598
2nd Quarter 2024593
3rd Quarter 2024623
4th Quarter 2024777
1st Quarter 2025841
2nd Quarter 2025905
3rd Quarter 2025925
4th Quarter 2025923
1st Quarter 2026938
Median sold price · ElvasLatest 1st Quarter 2026: 938 · Min 457 · Max 938 · Range 481 · CAGR +10.4%/yr
Show all 26 rows
How Elvas sold prices have moved — data table — full series (26 periods)
PeriodMedian sold price · Elvas (€/m²)
4th Quarter 2019504
1st Quarter 2020457
2nd Quarter 2020473
3rd Quarter 2020550
4th Quarter 2020562
1st Quarter 2021588
2nd Quarter 2021576
3rd Quarter 2021462
4th Quarter 2021471
1st Quarter 2022482
2nd Quarter 2022500
3rd Quarter 2022585
4th Quarter 2022578
1st Quarter 2023585
2nd Quarter 2023606
3rd Quarter 2023593
4th Quarter 2023613
1st Quarter 2024598
2nd Quarter 2024593
3rd Quarter 2024623
4th Quarter 2024777
1st Quarter 2025841
2nd Quarter 2025905
3rd Quarter 2025925
4th Quarter 2025923
1st Quarter 2026938
Median sold price · ElvasLatest 1st Quarter 2026: 938 · Min 457 · Max 938 · Range 481 · CAGR +10.4%/yr

Both series are drawn from the public data registry with full provenance. Transacted (sold) figures come from INE’s house-price statistics; the bank-valuation series is INE’s median valuation used by credit institutions. Each carries its own reference period, shown above.

What are the rules and costs in Elvas?

Prices tell you what it costs to buy in Elvas; the rules and costs below tell you what governs a purchase and what it costs to hold.

Two rules shape most purchases here — whether a property can be let short-term, and what it costs to hold each year — followed by the guides and calculator to model your full purchase.

Can you run a short-term rental here?

Short-term letting (Alojamento Local, AL) is regulated at the municipal level in Elvas, as it is across Portugal: the national Alojamento Local regime (Decreto-Lei 128/2014, as amended) sets registration and operating requirements, while each câmara municipal can designate zonas de contenção that suspend or restrict new AL registrations. Restriction status varies by municipality and by parish, and changes over time.

This is general information, not legal advice — confirm the current status for a specific address with the Elvas câmara municipal before assuming a property can be operated as AL.

What about annual property tax (IMI)?

Municipal Property Tax (IMI) is levied annually by the Elvas council within a band set nationally, so the exact rate depends on the municipality and the property’s taxable value (VPT). We do not print a rate we cannot source: any specific figure we publish is drawn from the official register with its reference year, never estimated here.

To model the full acquisition cost — IMT, stamp duty and the recurring IMI — for a specific Elvas purchase, use the cost calculator linked below.

Common questions about Elvas

How much does property cost per square metre in Elvas?
In Elvas, the median transacted (sold) price is about €938 per square metre (1st Quarter 2026). The median bank valuation — what lenders appraised, a separate measure from the transacted price — is about €1,171 per square metre (June 2026). Source: Instituto Nacional de Estatística (INE), Portugal, CC BY 4.0.
What is the IMI (municipal property tax) rate in Elvas?
In Elvas, the municipal property tax (IMI) rate for urban property — the rate applied to most homes and other urban buildings — is 0.35% (set for 2025). The exact IMI you pay is this rate applied to the property's taxable value (VPT). For rustic (rural-land) property the rate is 0.8%, a separate statutory rate. Source: Portal das Finanças (Autoridade Tributária e Aduaneira), Public administrative data (Portal das Finanças / AT).
What is the reported-crime rate in Elvas?
In Elvas, the reported-crime rate is about 42.5 crimes/1k residents (Registered crimes per 1,000 residents, reference period 2025 crime counts over 2021 resident population). This counts crimes recorded by the authorities, normalised per 1,000 residents so municipalities of different sizes compare fairly — it is not a measure of how likely any individual is to be affected. Derived as registered_crimes / population_2021 * 1000. Source: Instituto Nacional de Estatística (INE), Portugal, CC BY 4.0.
How much of Elvas is classified as urban or urbanisable land?
In Elvas, about 2.8% of the município's in-force planned land is classified as urban or urbanisable ("solo urbano") under its municipal master plan (PDM) (in-force municipal plans, 2010-02-02T00:00:00+00:00..2010-02-02T00:00:00+00:00); the remaining 97.2% is classified rural ("solo rústico"). This is a land-use-regime classification the município's PDM fixes — how the plan zones the territory — not a measure of how much land is physically buildable or already built, and not a price. Of about 63,138 hectares of in-force planned land — 1,758 urban/urbanisable, 60,921 rural. Source: DGT — Direção-Geral do Território, CC BY 4.0.

Every figure on this page is drawn from the public data registry with full provenance — official sources, reference periods and licences. We publish a number only when the warehouse can source it.

Buying in Elvas?

Map the numbers on this page to your specific purchase. Speak with an advisor about costs, timeline and paperwork.

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Municipalities bordering Elvas

These municipalities share a land border with Elvas, derived from official CAOP boundary polygons — 3 of them sit in a different district, so they do not appear in the district list below.

Other municipalities in Portalegre

Other municipalities in the same district — each carries its own INE-sourced price, tax and safety figures.