In 2023, Portugal witnessed a significant economic landscape, with inflation driving up house prices across the country. Additionally, access to mortgages became increasingly challenging due to soaring interest rates. 

Against this backdrop, it’s crucial to identify the most affordable areas for property investment, whether you’re considering a relocation within Portugal or contemplating a move to the country for the first time. 

So, where can you find the most budget-friendly real estate options in Portugal in 2024? Here are the 20 cheapest towns to buy a house in Portugal as of April 2024. We have divided this blog post by apartments and houses in order to facilitate your consultation!