Lisbon, May 27, 2026 (Lusa) – Average bank valuations for housing reached a new all-time high in Portugal of €2,174 per square metre in April, €23 more than in March and 16.5% higher than in the same month of 2025, according to Statistics Portugal (INE).

INE data shows that the 16.5% year-on-year increase in bank valuation, conducted for mortgage applications, matched the growth recorded in March, while the month-on-month variation stood at 1.1% (+€23).

The Azores presented the most significant increase compared to the previous month (4.1%), and no regions recorded a decrease.

The Setúbal Peninsula registered the sharpest year-on-year variation compared to April 2025, surging 24.0%, with no reductions reported across the region.

To calculate the average bank valuation for April 2026, 34,483 valuations were considered (21,518 flats and 12,965 houses), 3.6% fewer than in the same period last year. Compared with March, there were 1,644 more bank valuations, representing an increase of 5.0%.

PD/RYOL // AYLS

Lusa