10 Portuguese properties for under €400,000
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Written by Scarlett Murray

19th October 2023

Porto landscape

Looking for a property in Portugal for under €400,000? Discover city apartments in Lisbon and Porto, super affordable countryside houses and amazing coastal homes.    

In the most recent Your Overseas Home survey, we found that over 70% of our readers are on the hunt for a Portugal home for €400,000 and under. So, I’ve headed to our Portugal property portal to pick ten homes for sale for €400,000. By taking a digital roam through these homes, you can get a better idea of what to expect for your budget. And you never know, one of these homes could feel like a potential fit to purchase.

1. Two-bedroom, Cascais, €365,000

Check out this Cascais home by clicking on the image.

This two-bedroom apartment is super well-located in a family-friendly neighbourhood. You will be a five-minute walk from Quinta da Carreira Urban Park and less than fifteen minutes from Azarujinha Beach. You’ll also be within easy reach of a choice of cafes, restaurants, supermarkets and schools. The apartment itself has had a recent transformation. It enjoys natural ample light, spacious and well-organised bedrooms, storage space and balconies.

See more properties for sale in Cascais here. 

2. Two-bedroom, Porto, €310,000

A Porto property for sale.

Looking to live in Portugal’s second largest city? Known for its winemaking and its historic centre, which was made a UNSECO World Heritage site in the 1990s, there’s a lot to love about Porto. This one-bedroom apartment has recently had a revamp, it has an open-plan living room and kitchen with a balcony, a suite, a second bathroom and a room that could make a great office or spare room. Located in Foz do Douro, it is near to shops, public transport, international schools and best of all, it is only 800m from the beach.

See more properties for sale in Porto here. 

3. Two-bedroom, Loulé, Faro, €99,000

country house in Portugal

Fancy a country house?

Are you seeking to unwind in the beautiful Portuguese countryside? This super budget-friendly home benefits from its own plot of olive, apple, and lemon trees. Located in a village near to Lagos, it is great for those looking for lovely leisurely walks.

See more properties for sale in Loulé here. 

4. Four-bedroom, Vila do Bispo, Algarve, €395,000

pool and villa

Enjoy your own pool!

This is a lovely, traditional four-bedroom townhouse in the village of Figueira. The beach is just a short walk away. Inside, you’ll find a large living room with a wood burning fireplace, a beautiful private garden, terrace and a swimming pool.

See more properties for sale in the Algarve here. 

5. Three-bedroom, Ferreira do Zêzere, Santarém, €200,000

Click on the picture to have a look at the interior.

This is a gorgeous, totally renovated three-bedroom ground-floor villa. Every room enjoys an abundance of natural light. There’s also a fully equipped kitchen, a garden of 500 square metres, and a terrace. Nestled in the countryside, this property would suit those looking for a tranquil setting.

See more properties for sale in Santarém here.

6. Three-bedroom, Lagos, Algarve, €399,000

Fancy life in Lagos?

This three-bedroom apartment has been recently refurbished and is fully furnished, so you can move in hassle-free. Located in downtown Lagos, you’ll have a variety of shops, cafes and restaurants at your doorstep. Plus, Meia Praia Beach and the Marina are just a leisurely walk away.

See more properties for sale in Lagos here. 

7. Two-bedroom, Lisbon, €310,000

living room, lots of natural light.

Check out this beautiful home.

This is a great apartment for anyone looking to make the move to Lisbon. It has been recently renovated, benefits from plenty of natural light and has views of the river. Plus, it is well-served by public transport links and is just a ten-minute walk from River Tagus.

See more properties for sale in Lisbon here. 

8. Three-bedroom, Viana do Castelo, €350,000

What a view from your new bedroom!

This is a spacious, bright villa with three-bedrooms (one of them in ensuite). It benefits from a big garage, a barbeque, and a private terrace.

See more properties for sale in Viana do Castelo here. 

9. One-bedroom, Lisbon, €140,000

An interesting property to purchase…

This is a unique opportunity to own an anchored river barge on a Marina integrated on the Tagus Estuary Nature Reserve. Inside, you’ll find one bedroom, a bathroom, a kitchenette with an open-plan living room, air-conditioning, Wi-Fi and parking access.

10. Two-bedroom, Silves, €399,000

Just in budget…

For just under €400,000, this two-bedroom villa is currently under construction and will be part of a block of six on a golf resort. It will be built to have a fully equipped open plan kitchen, a living room with direct access to the garden, and a private garden.

See more properties for sale in Silves here. 

 

 

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