Portugal Bank Property Valuations Hit Record €2,208/m² in May, Up 17.1%
Updated
Updated · idealista.pt · Jul 16
Portugal Bank Property Valuations Hit Record €2,208/m² in May, Up 17.1%
1 articles · Updated · idealista.pt · Jul 16
Summary
€2,208 per square meter marked Portugal’s new median bank property valuation in May 2026, rising €34 from April and setting a fresh national high.
Those valuations matter for mortgages because banks use them to gauge how much they will finance relative to an agreed purchase price, affecting borrowers’ lending capacity.
Apartments led the surge, with median valuations reaching €2,580 per m² and annual growth of 19.7%, while houses rose more moderately to €1,581 per m², up 13.4%.
Greater Lisbon remained the priciest market for both flats and houses, and the coastal-interior gap stayed wide, with Lisbon 50.4% above the national median while some inland areas sat more than 50% below it.
Oeste e Vale do Tejo posted the fastest apartment valuation growth at 26.3%, underscoring that the boom is broadening even as prime coastal regions still dominate prices.