🇵🇹 Portugal · Eurostat

Farmland prices and rents in Portugal

Arable land in Portugal cost an average of EUR 76,556 per hectare in 2024, and permanent grassland EUR 36,067. Renting a hectare of farmland cost EUR 207 for a year in 2024. The price of arable land rose by 32% in five years.

Arable land, 2024: EUR 76,556^p per ha
Permanent grassland, 2024: EUR 36,067^p per ha
Rent for a year, 2024: EUR 207^p per ha
Arable land, 5-year change: +32%

Price of farmland in Portugal, EUR per hectare

Arable landPermanent grassland

Rent for one year, EUR per hectare

Arable landPermanent grassland

Prices and rents by region

Latest year reported for each region, euro per hectare; rents are for one year.

Region	Arable land	Permanent grassland	Rent	Arable land, 5-year change	Year
Região Autónoma dos Açores	159,141^p	86,200^p	447^p	+38%	2024
Norte	130,113^p	67,608^p	358^p	+33%	2024
Grande Lisboa	84,678^p	72,056^p	653^p	−42%	2024
Centro (PT)	57,907^p	30,089^p	114^p	−2.4%	2024
Península de Setúbal	41,485^p	35,301^p	319^p	+45%	2024
Oeste e Vale do Tejo	30,951^p	25,724^p	412^p	+93%	2024
Algarve	27,401^p	23,163^p	493^p	+195%	2024
Alentejo	5,678^p	4,719^p	142^p	+94%	2024

Year by year, EUR per hectare

Year	Arable land	Permanent grassland	Rent, all farmland	Rent, arable land	Rent, grassland
2024	76,556^p	36,067^p	207^p	246^p	191^p
2023	68,775^p	33,839^p	194^p	230^p	179^p
2022	75,355^p	35,308^p	181^p	215^p	166^p
2021	65,475^p	31,106^p	168^p	202^p	153^p
2020	64,495^p	26,250^p	157^p	189^p	142^p
2019	58,097^p	33,185^p	147^p	176^p	131^p
2018	—	—	140^p	166^p	126^p
2017	—	—	133^p	156^p	120^p
2016	—	—	127^p	147^p	115^p
2015	—	—	120^p	141^p	107^p
2014	—	—	114^p	136^p	100^p
2013	—	—	107^p	131^p	93^p

Letters after a figure come from Eurostat: e = estimated, p = provisional, d = definition differs, b = break in series. Husfarm leaves out zero values and figures that differ from the rest of a series by a factor of four or more, which points to a different unit or definition. Charts and five-year changes start after the latest break in a series.

Questions and answers

How much does a hectare of farmland cost in Portugal?

Eurostat puts the average price of arable land in Portugal at EUR 76,556 per hectare in 2024, and of permanent grassland at EUR 36,067 (2024). Prices differ between regions; the regional table lists them.

How much is farmland rent in Portugal?

Renting a hectare cost on average EUR 207 for a year in 2024: arable land EUR 246 (2024) and permanent grassland EUR 191 (2024).

Are farmland prices rising in Portugal?

The average price of arable land rose by 32% between 2019 and 2024, from EUR 58,097 to EUR 76,556 per hectare.

Sources

Eurostat: Agricultural land prices by region (apri_lprc) and Agricultural land renting prices for one year by region (apri_lrnt), last updated 10 July 2026. Prices · Rents. Licence: CC BY 4.0; charts and changes calculated by Husfarm.
Other publishers of farmland prices and rents, country by country: farmland price sources in the Husfarm directory.