Property prices in Vila Viçosa
Homes in Vila Viçosa sell for a median €838 per m² and let for €4.44 per m² a month. An 80 m² flat costs about €67,040 and rents for around €355 a month.
That is a gross yield of 6.36%, above Portugal's 5.40%.
Vila Viçosa in figures
| Median price | €838/m²-61% on Portugal's median | -61% on Portugal's median |
| Median rent | €4.44/m²-55% on Portugal's median | -55% on Portugal's median |
| Buying 80 m² | €67,040at the median, before taxes | at the median, before taxes |
| Yearly rent | €4,262€355 a month | €355 a month |
| Gross yield | 6.36%before tax and costs | before tax and costs |
| IMI rate | 0.30%set by the council, for IMI paid in 2026 | set by the council, for IMI paid in 2026 |
| IMI, roughly | €111 a yearon a tax value of €36,872, about 55% of the price | on a tax value of €36,872, about 55% of the price |
| District | ÉvoraINE figures, last 12 months | INE figures, last 12 months |
What the figures leave out
They are medians for the whole municipality. In a large one, two parishes can differ by more than two municipalities do, and a given flat can sit 40% above the median without being overpriced.
The yield is gross. Rental income tax, IMI, condominium fees, insurance, empty months and upkeep usually take two to three points off it, and mortgage interest cannot be deducted from Portuguese rental income.
Sources
- INE (Statistics Portugal), local house prices: sales in the 12 months to March 2026
- INE, local rents: new leases in the 12 months to June 2026
- Municipal IMI rates published on the Portal das Finanças for IMI paid in 2026 (CIMI, article 112)
Updated .
Questions
€838 per m² at the INE median, so about €67,040 for 80 m². The median comes from signed deeds, not asking prices, which is why it usually sits below what the property portals show.
€4.44 per m² a month on new leases, or about €355 a month for 80 m².
0.30%, set by the council for the IMI paid in 2026. IMI is the yearly property tax, charged on the home's tax value (VPT) rather than its price.
On these medians the gross yield is 6.36%, against 5.40% for Portugal as a whole. After income tax, IMI, condominium fees, insurance, empty months and upkeep, the net yield is usually two to three points lower.