Portugal housing valuations jump 17% year-on-year
Bank property valuations in Portugal reached €2,208 per square metre in May, up 17.1% annually. The median assessment rose €34 month-on-month, with roughly 35,500 valuations processed, slightly higher than May of the previous year.
Why it matters for your move
Understanding property valuation trends helps you gauge housing market costs and mortgage lending conditions before relocating.
This is Re-locant.com’s own brief, written to explain what the update means for people moving to or living in Portugal. For the full original report, see the source below.