Municipality · Coimbra

Penela

Penela sits in the Região de Coimbra sub-region of Portugal.

Last updated · First published

What does property cost in Penela?

These are the two municipality-level medians INE publishes for Penela: 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 · PenelaSold · INE

€744/m²

Penela

CC BY 4.0
Median bank valuation · PenelaBank valuation · INE

Not yet published by INE at this granularity — we show a figure only when the warehouse can source it with provenance, never an estimate.

How Penela sold prices have moved

  • Median sold price · Penela· Sold
Latest data: 1st Quarter 2026Median sold price · PenelaMedian sold price · Penela: latest 744 €/m² in 1st Quarter 2026.744 €/m² · 1st Quarter 2026

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

How Penela sold prices have moved — data table — most recent 12 periods
PeriodMedian sold price · Penela (€/m²)
2nd Quarter 2023593
3rd Quarter 2023562
4th Quarter 2023520
1st Quarter 2024675
2nd Quarter 2024723
3rd Quarter 2024800
4th Quarter 2024828
1st Quarter 2025828
2nd Quarter 2025828
3rd Quarter 2025811
4th Quarter 2025759
1st Quarter 2026744
Median sold price · PenelaLatest 1st Quarter 2026: 744 · Min 520 · Max 828 · Range 308 · CAGR +5.6%/yr
Show all 26 rows
How Penela sold prices have moved — data table — full series (26 periods)
PeriodMedian sold price · Penela (€/m²)
4th Quarter 2019529
1st Quarter 2020521
2nd Quarter 2020523
3rd Quarter 2020586
4th Quarter 2020590
1st Quarter 2021536
2nd Quarter 2021583
3rd Quarter 2021589
4th Quarter 2021606
1st Quarter 2022656
2nd Quarter 2022680
3rd Quarter 2022671
4th Quarter 2022663
1st Quarter 2023632
2nd Quarter 2023593
3rd Quarter 2023562
4th Quarter 2023520
1st Quarter 2024675
2nd Quarter 2024723
3rd Quarter 2024800
4th Quarter 2024828
1st Quarter 2025828
2nd Quarter 2025828
3rd Quarter 2025811
4th Quarter 2025759
1st Quarter 2026744
Median sold price · PenelaLatest 1st Quarter 2026: 744 · Min 520 · Max 828 · Range 308 · CAGR +5.6%/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 Penela?

Prices tell you what it costs to buy in Penela; 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 Penela, 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 Penela 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 Penela 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 Penela purchase, use the cost calculator linked below.

Common questions about Penela

How much does property cost per square metre in Penela?
In Penela, the median transacted (sold) price is about €744 per square metre (1st Quarter 2026). Source: Instituto Nacional de Estatística (INE), Portugal, 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 Penela?

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 Penela

These municipalities share a land border with Penela, derived from official CAOP boundary polygons — 2 of them sit in a different district, so they do not appear in the district list below.

Other municipalities in Coimbra

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