Property prices rose across most regions of Portugal during the quarter taking the national average to €1,187 per square meter.
The data from online property information platform Idealista also shows that growth was led by gains in Lisbon where the average property rose in value by 6% year on year to an average €1,451 per square meter.
It means that Lisbon still has the most expensive property in Portugal with prices in the centre up 9.1% to an average of €2,716 per square meter.
Prices in the Algarve, which is popular with overseas buyers increased by 4% year on year to an average of €1,361 per square meter.
The data also shows that in the north of the country prices increased by 2% to €907 per square meter an in Centro they were up by 1.9% to €948 per square meter.
However property prices fell in Alentejo and Madeira, down by an average of 3.3% over the same period. But in Madeira, an archipelago in the north Atlantic that is part of Portugal, prices are the third highest at €1,102 per square meter, followed by the Alentejo at €1,101 per square meter.
