Portugal: housing bank appraisals by region 2024

In Portugal, the median value of bank appraisals was over 1.59 thousand euros per square meter in April 2024. There was a 16-euro increase compared to the previous month. Greater Lisbon presented the highest price per square meter, namely 2,333 euros, followed by the Algarve region, at 2,110 euros.

Median value of bank appraisals on housing in Portugal from January 2022 to April 2024, by region (in euros per square meter)

Characteristic	Portugal	North Region	Central Region	Oeste e Vale do Tejo	Greater Lisbon	Península de Setúbal	Alentejo	Algarve	Azores	Madeira
Apr 2024	1,596	1,371	1,084	1,211	2,333	1,818	1,120	2,110	1,269	1,796
Mar 2024	1,580	1,366	1,074	1,195	2,312	1,794	1,106	2,109	1,238	1,786
Feb 2024	1,560	1,344	1,060	1,188	2,300	1,768	1,108	2,118	1,232	1,787
Jan 2024	1,550	1,333	1,049	1,181	2,292	1,759	1,095	2,080	1,201	1,787
Dec 2023	1,536	1,313	1,040	1,181	2,267	1,753	1,080	2,064	1,199	1,718
Nov 2023	1,530	1,304	1,034	1,157	2,265	1,744	1,071	2,065	1,202	1,712
Oct 2023	1,536	1,300	1,034	1,140	2,268	1,742	1,066	2,109	1,208	1,712
Sep 2023	1,541	1,306	1,028	1,128	2,280	1,736	1,090	2,152	1,211	1,753
Aug 2023	1,538	1,295	1,032	1,125	2,285	1,737	1,066	2,164	1,187	1,705
Jul 2023	1,525	1,285	1,027	1,122	2,282	1,728	1,044	2,176	1,124	1,652
Jun 2023	1,518	1,280	1,013	1,100	2,275	1,735	1,006	2,145	1,125	1,600
May 2023	1,510	1,271	989	1,100	2,255	1,722	989	2,137	1,084	1,581
Apr 2023	1,491	1,257	977	1,077	2,225	1,715	988	2,083	1,060	1,538
Mar 2023	1,483	1,247	988	1,075	2,233	1,696	988	2,087	1,054	1,520
Feb 2023	1,478	1,241	1,001	1,072	2,244	1,696	997	2,083	1,082	1,500
Jan 2023	1,485	1,252	1,011	1,075	2,250	1,685	974	2,090	1,086	1,502
Dec 2022	1,458	1,230	1,006	1,073	2,200	1,667	963	2,045	1,095	1,487
Nov 2022	1,449	1,223	995	1,060	2,191	1,619	956	2,009	1,079	1,463
Oct 2022	1,420	1,200	966	1,056	2,155	1,605	950	1,988	1,086	1,431
Sep 2022	1,429	1,203	962	1,037	2,140	1,602	938	1,954	1,072	1,400
Aug 2022	1,414	1,200	957	1,023	2,104	1,606	950	1,942	1,078	1,385
Jul 2022	1,417	1,204	966	1,005	2,117	1,594	955	1,908	1,050	1,371
Jun 2022	1,407	1,200	962	1,000	2,118	1,571	957	1,895	1,030	1,360
May 2022	1,380	1,175	956	985	2,085	1,536	936	1,840	1,037	1,336
Apr 2022	1,356	1,156	944	976	2,037	1,513	932	1,811	1,040	1,312
Mar 2022	1,331	1,138	929	963	2,000	1,482	927	1,800	1,045	1,316
Feb 2022	1,314	1,125	913	934	1,987	1,466	907	1,811	1,031	1,292
Jan 2022	1,292	1,108	899	923	1,950	1,444	882	1,780	1,010	1,294