Regional Guide

Buying property in Setúbal

The Setúbal district runs from Lisbon’s densely populated south bank across the Sado estuary to the quieter Alentejo coast. Because Portugal’s statistics office publishes house prices by sub-region and municipality rather than by district, this guide leads with the official figures for the Península de Setúbal sub-region and then breaks the whole district down municipality by municipality — each number with its own source and reference period.

What does property cost in Setúbal?

The figures below are the latest official medians for the region, each shown beside its reference period and INE source. Transacted (sold) prices are drawn from INE’s house-price statistics; the national median is shown alongside so you can see how the region compares.

Median sold price · Setúbal

Sold · INE

€2,596/m²

Península de Setúbal

4th Quarter 2025

Instituto Nacional de Estatística (INE), PortugalCC BY 4.0

Median sold price · Portugal

Sold · INE (national)

€2,076/m²

Portugal

4th Quarter 2025

Instituto Nacional de Estatística (INE), PortugalCC BY 4.0

Median new-lease rent · Setúbal

Rent · INE

€10.24/m²

Península de Setúbal

1st Quarter 2025

Instituto Nacional de Estatística (INE), PortugalCC BY 4.0

Sub-region level (Península de Setúbal) — INE publishes the rent series by NUTS-III only, so there is no separate concelho-level rent figure for the Setúbal municipalities.

Asking vs sold

Asking-price data pending — we publish an asking figure only from a licensed source, never scraped listings, and we always label it separately from the sold (INE) median so the two are never conflated.

Setúbal district, municipality by municipality

Portugal’s statistics office (INE) does not publish transacted house prices on district boundaries — the official series is released for NUTS-III sub-regions and for individual municipalities (concelhos) only. The headline figures on this page are therefore the official medians for the Península de Setúbal sub-region, which contains the city of Setúbal and the Lisbon south-bank commuter belt; they are not a district-wide aggregate. The full district — 13 municipalities split between the Península de Setúbal and the coastal Alentejo Litoral sub-regions — is shown municipality by municipality in the breakdown below, each figure with its own INE source and reference period. We never synthesise a single district number.

Península de Setúbal

Sub-region median: €2,596/m²

Median transacted price per square metre by municipality in Península de Setúbal
MunicipalityMedian sold
Setúbal€2,468/m²
Almada€3,160/m²
Seixal€2,654/m²
Barreiro€2,508/m²
Moita€2,226/m²
Montijo€2,472/m²
Alcochete€2,765/m²
Palmela€2,263/m²
Sesimbra€2,765/m²

Alentejo Litoral

Sub-region median: €2,018/m²

Median transacted price per square metre by municipality in Alentejo Litoral
MunicipalityMedian sold
Grândola€2,426/m²
Sines€2,340/m²
Santiago do Cacém€1,935/m²
Alcácer do Sal€1,796/m²

Transacted (sold) median price per square metre. Instituto Nacional de Estatística (INE), PortugalCC BY 4.0. Figures are the latest available official medians; each municipality carries its own reference period, shown above.

Setúbal at a glance

The district of Setúbal wraps around the southern side of the Lisbon metropolitan area. Its northern half — the Península de Setúbal, taking in Almada, Seixal, Barreiro and the city of Setúbal itself — is a densely populated commuter belt linked to the capital by bridge, ferry and rail, while its southern half runs down the Alentejo coast through Grândola and Sines to quieter estuarine and beach towns.

Because the official price series is published by sub-region and municipality rather than by district, the headline figures above are for the Península de Setúbal sub-region, with full provenance; the breakdown that follows shows every municipality in the district — from the dense south-bank suburbs to the coastal Alentejo concelhos — so the wide internal spread is visible with the same discipline rather than hidden inside a single average.

Can you run a short-term rental here?

Short-term letting (Alojamento Local, AL) plays a growing role along the Setúbal and Alentejo coasts, from the beaches of the Arrábida and Costa da Caparica to the surf towns south of Sines, and as an overflow market for Lisbon city visitors. AL is regulated at the municipal level under the national regime (Decreto-Lei 128/2014, as amended), and rules, registration status and any contention-style limits vary by concelho and change over time.

This is general information, not legal advice — confirm the current AL status and any local limits for a specific address with the relevant câmara municipal before assuming a property can be operated as a short-term rental.

What about annual property tax (IMI)?

Municipal Property Tax (IMI) is levied annually by each concelho within a band set nationally, so the exact rate depends on the municipality and the property’s taxable value (VPT) — the rate in Setúbal or Almada can differ from that of the coastal Alentejo concelhos in the south of the district. Any specific rate we publish is sourced from the official register with its reference year; where the warehouse cannot yet source a rate it is shown as pending rather than estimated.

Plan your purchase

Coming soon

Concelho-level pages for Setúbal — with the same provenance discipline — are in preparation. We link them here only once they exist; no dead links.

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 Setúbal?

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

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