Recent data from the National Statistics Institute (INE) shows a noticeable rise in bank property valuations across Portugal in 2025.
🏠 The median bank appraisal value for housing increased by 17.3% compared to 2024, reaching €1,949 per m², and every region registered an increase.
📈 By property type:
* The median valuation for apartments jumped 21.0% to €2,239/m²,
* While for houses it rose 11.5% to €1,435/m².
📅 Looking only at December 2025, the median valuation was €2,081/m², 19.1% higher year-on-year.
Among regions:
* Greater Lisbon and the Algarve recorded the highest appraisal values,
* The Setúbal Peninsula posted one of the largest year-on-year increases.
These figures don’t necessarily reflect transaction prices — they reflect how banks are valuing property for financing. For investors, understanding how valuations evolve can be as critical as market prices themselves.