New-build T1 apartments in Portimão

78 new-build 1-bedroom (T1) apartments are for sale in Portimão, in developments and recently built blocks. The cheapest costs €235,000; half cost up to €379,000, and the median price is €5,840 per m². Construction years given in the listings: 2024–2028.

In Portugal T stands for the number of bedrooms: T1 is a one-bedroom apartment, T0 a studio.

RE/MAX Extra catalogue data as of 21 October 2026. Each apartment is counted once, even when several agencies list it.

From
€235,000
Median price
€379,000
Median €/m²
€5,840
Up to €250,000
7

Cheapest new-build T1 apartments in Portimão

All apartments for sale in Portimão →

Developments with T1 apartments in Portimão

By budget

  • Up to €200,0000
  • Up to €250,0007
  • Up to €300,00011

Running costs

IMI (municipal property tax) in Portimão for tax year 2025: 0.37% of the tax value (VPT) per year.

Source: Portal das Finanças

By parish

ParishApartmentsFrom
Portimão76€235,000
Alvor2€380,000

Questions and answers

How much does a new-build T1 cost in Portimão?

There are 78 new-build 1-bedroom (T1) apartments for sale in Portimão in our catalogue. The cheapest costs €235,000 and half cost up to €379,000; the median price is €5,840 per m².

Are there new T1 apartments under €200,000 in Portimão?

Not at the moment. The cheapest costs €235,000; 7 are priced up to €250,000.

Which parishes in Portimão have the most new T1 apartments?

Portimão — 76 from €235,000; Alvor — 2 from €380,000.

What is the IMI (property tax) rate in Portimão?

For tax year 2025 (paid in 2026) Portimão applies 0.37% of the tax value (VPT) to urban property, according to the Portal das Finanças.

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