Municipality · Vila Real

Vila Real

Vila Real sits in the Douro sub-region of Portugal.

Last updated · First published

What does property cost in Vila Real?

These are the two municipality-level medians INE publishes for Vila Real: 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 · Vila RealSold · INE

€1,591/m²

Vila Real

CC BY 4.0
Median bank valuation · Vila RealBank valuation · INE

€1,675/m²

Vila Real

CC BY 4.0

How Vila Real sold prices have moved

  • Median sold price · Vila Real· Sold
Latest data: 1st Quarter 2026Median sold price · Vila RealMedian sold price · Vila Real: latest 1,591 €/m² in 1st Quarter 2026.1,591 €/m² · 1st Quarter 2026

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

How Vila Real sold prices have moved — data table — most recent 12 periods
PeriodMedian sold price · Vila Real (€/m²)
2nd Quarter 20231228
3rd Quarter 20231310
4th Quarter 20231271
1st Quarter 20241343
2nd Quarter 20241305
3rd Quarter 20241338
4th Quarter 20241335
1st Quarter 20251310
2nd Quarter 20251310
3rd Quarter 20251333
4th Quarter 20251519
1st Quarter 20261591
Median sold price · Vila RealLatest 1st Quarter 2026: 1,591 · Min 875 · Max 1,591 · Range 716 · CAGR +10%/yr
Show all 26 rows
How Vila Real sold prices have moved — data table — full series (26 periods)
PeriodMedian sold price · Vila Real (€/m²)
4th Quarter 2019875
1st Quarter 2020903
2nd Quarter 2020935
3rd Quarter 2020946
4th Quarter 2020957
1st Quarter 2021952
2nd Quarter 2021941
3rd Quarter 20211004
4th Quarter 20211053
1st Quarter 20221094
2nd Quarter 20221167
3rd Quarter 20221111
4th Quarter 20221198
1st Quarter 20231206
2nd Quarter 20231228
3rd Quarter 20231310
4th Quarter 20231271
1st Quarter 20241343
2nd Quarter 20241305
3rd Quarter 20241338
4th Quarter 20241335
1st Quarter 20251310
2nd Quarter 20251310
3rd Quarter 20251333
4th Quarter 20251519
1st Quarter 20261591
Median sold price · Vila RealLatest 1st Quarter 2026: 1,591 · Min 875 · Max 1,591 · Range 716 · CAGR +10%/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 Vila Real?

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

Common questions about Vila Real

How much does property cost per square metre in Vila Real?
In Vila Real, the median transacted (sold) price is about €1,591 per square metre (1st Quarter 2026). The median bank valuation — what lenders appraised, a separate measure from the transacted price — is about €1,675 per square metre (June 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 Vila Real?

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 Vila Real

These municipalities share a land border with Vila Real, derived from official CAOP boundary polygons — one sits in a different district, so it does not appear in the district list below.

Other municipalities in Vila Real

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