The Ultimate House Flipping Guide Portugal 2025

Is House Flipping Profitable in Portugal?

Portugal's renovation market offers 15-30% returns on well-executed flips. With aging housing stock and strong tourism demand, it's one of Europe's best flipping markets.

The 70% Rule

Max Purchase = (ARV × 70%) - Renovation Costs

Renovation Costs

• Basic: €400-€600/m²
• Medium: €600-€1,000/m²
• Full: €1,000-€1,500/m²
• Luxury: €1,500-€2,500/m²

Best Cities for Flipping

Porto (large supply, lower prices), Lisbon outskirts, Setúbal, and Coimbra.

Get pre-approved for renovation financing.