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Silver Coast Portugal Property Prices 2026: City-by-City Guide

Discover Silver Coast (Costa de Prata) Portugal property prices in 2026: Ericeira, Nazaré, Óbidos, Peniche, Caldas da Rainha, Torres Vedras and all Western Region destinations. Buy, invest and relocate with Tagus Property.

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Property prices on Portugal’s Silver Coast in 2026


📅 Last updated: February 2026

The average sale price of a residential property on the Silver Coast of Portugal (Costa de Prata in Portuguese) is €2,800/m² in 2026, across all property conditions (new builds, renovated and to-be-renovated). The region recorded an average annual growth of +11%, confirming its strong appeal to international buyers and investors.

Silver Coast property prices by city in 2026 in Portugal


AreaAverage price per m² (Feb. 2026)Annual change
Ericeira€3,355+6.6%
Foz do Arelho€3,325+5.2%
Nazaré€3,052+11.5%
Óbidos€2,932+26.5%
São Martinho do Porto€2,890+0.2%
Mafra€2,697+3.1%
Peniche€2,413+13.9%
Torres Vedras€2,297+14.5%
Caldas da Rainha€2,262+19.2% 📈
Lourinhã€1,900+8.6%

Investment profiles

Prestige & Heritage
Surf & Beachfront
Residential & Retirement
Potential & Yield

The Silver Coast Portugal real estate market in 2026

Located between Lisbon and Porto, the Silver Coast towns offer a calmer pace of life than the big metropolitan areas of Portugal. In 2026, the region confirms its appeal with an average annual growth of +11%, driven by strong international demand and a structurally limited land supply.

Buying a second home here is ideal for relaxing vacations, but a growing number of buyers are choosing to relocate year-round to one of these coastal towns in Portugal. The cost of living on the Silver Coast remains one of the main reasons so many expats settle in the region, offering exceptional value compared to other Atlantic destinations in Europe.

In 2026, Silver Coast houses typically sell between €300,000 and €1.2 million depending on the location and features, while a well-kept two-bedroom apartment starts around €180,000 in the more affordable areas.

Investors are increasingly positioning themselves on Portugal’s Silver Coast. The region has gained worldwide recognition and is regularly voted one of the best European destinations to buy a property in the sun.

Portugal’s Oeste (Western) Region in 2026

The Silver Coast of Portugal, or Costa de Prata, is a stretch of coastal and rural destinations along the western coast of Portugal, bordering the Atlantic Ocean. The Oeste Region remains preserved and authentic, which means those who discover it can enjoy an exceptional coastline without the overcrowding of mass-market destinations.

Locals often compare the Silver Coast to the Algarve, but with wilder nature, prices that are still accessible, and preserved authenticity. Clean and unspoiled beaches, world-class water sports, some of the best golf courses in Europe, and quality Atlantic cuisine make it a top-tier destination in Portugal.

Between Lisbon and south of Porto, you’ll find cliff landscapes, exceptional lagoons, historic Portuguese villages, spa towns, and some of Europe’s finest golf courses. The Silver Coast extends over 150 km north of Lisbon.

Where to invest on Portugal’s Silver Coast in 2026?

Each destination offers a distinct market profile:

  • Ericeira (€3,355/m²): UNESCO World Surfing Reserve, premium fishing village, strong international demand
  • Foz do Arelho (€3,325/m²): Unique Óbidos lagoon, water sports, sought-after quiet seaside destination
  • Nazaré (€3,052/m²): World-famous giant waves, authenticity, Atlantic gastronomy
  • Óbidos (€2,932/m²): Listed medieval village, international golf resorts, UNESCO Literary City, strongest 2026 growth (+26.5%)
  • São Martinho do Porto (€2,890/m²): Unique shell-shaped bay, calm waters, premium family seaside resort
  • Mafra (€2,697/m²): UNESCO Palace-Convent, Ericeira 14 km away, just 40 min from Lisbon
  • Peniche (€2,413/m²): World surfing capital, UNESCO Berlengas archipelago, dynamic market (+13.9%)
  • Torres Vedras (€2,297/m²): Dynamic city, renowned vineyards, train to Lisbon, +14.5% annual
  • Caldas da Rainha (€2,262/m²): Historic spa town, strongest regional price rise (+19.2%), excellent value
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Silver Coast Portugal property price evolution (2015-2026)


Since 2015, Silver Coast real estate prices have shown remarkable growth across every destination in Portugal. The most mature markets such as Ericeira and São Martinho do Porto are entering a consolidation phase, while cities like Caldas da Rainha and Óbidos are still experiencing strong catch-up increases in 2026.

Thanks to our expertise in the Silver Coast markets, our local presence in Portugal’s Oeste Region, and our in-depth knowledge of every destination, TAGUS PROPERTY supports you in finding the best investment opportunities on the Silver Coast of Portugal. Whatever your preferred destination, from Ericeira to Nazaré, our teams are at your service.


Why invest on Portugal’s Silver Coast in 2026?


Prices still competitive

At an average of €2,800/m², the Silver Coast remains very accessible compared to the Algarve (€3,500 to €6,000/m²) or French and Spanish coasts of similar standing. Markets such as Caldas da Rainha (€2,262/m²), Torres Vedras (€2,297/m²), and Peniche (€2,413/m²) still offer excellent value with strong appreciation potential.

Sustained growth

In 2026, every Silver Coast destination is posting positive gains. Óbidos stands out with +26.5%, followed by Caldas da Rainha (+19.2%), Torres Vedras (+14.5%), and Peniche (+13.9%). Even mature markets like Ericeira (+6.6%) and São Martinho do Porto (+0.2%) maintain their levels and market liquidity.

Quality of life and Lisbon proximity

All Silver Coast destinations are accessible from Lisbon in 40 minutes to 1h30. The region combines exceptional Atlantic beaches, historic towns, quality cuisine, the IFICI tax status (formerly NHR) for foreign residents, and a cost of living 20 to 30% lower than Portugal’s major cities.

Things to do on Portugal’s Silver Coast

Portugal offers endless recreational opportunities to suit every taste and budget. Thanks to the mild Atlantic weather year-round, visitors can expect to enjoy plenty of outdoor activities on the Silver Coast:

Sandy beaches of Portugal’s Silver Coast

Portugal’s Silver Coast is home to some of the finest sandy beaches on the Atlantic, perfect for swimming, surfing, or simply soaking in the coastal scenery.

Here are some of the most outstanding Silver Coast beaches:

WHERE TO BUY REAL ESTATE ON THE SILVER COAST OF PORTUGAL

Planning to relocate to the Silver Coast of Portugal?

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