&NewLine;<p>The median value at which banks value real estate for credit purposes fell to 1&nbsp&semi;110&nbsp&semi;euros in March&period; The effects of the pandemic are already being felt ... </p>&NewLine;&NewLine;&NewLine;&NewLine;<h2 class="wp-block-heading">The median value of the real estate market in Portugal falls</h2>&NewLine;&NewLine;&NewLine;&NewLine;<p>When you apply for a <a href="https://vivreauportugalconsulting.com/produit/guide-immobilier-au-portugal/" class="rank-math-link"><strong>credit in Portugal</strong></a>The median value has just undergone its first fall in the last four years &period;</p>&NewLine;&NewLine;&NewLine;&NewLine;<p>According to the National Institute of Statistics &lpar;INE&rpar;&comma; the value per square meter stood at 1&nbsp&semi;110&nbsp&semi;euros in March&comma; thus interrupting a growth cycle that had lasted 48 months &period; INE's statics data differ, however, from those published in previous months&comma; justify them by changes in the calculation methodology&period;</p>&NewLine;&NewLine;&NewLine;&NewLine;<p>The median value of bank appraisals in March was 1&nbsp&semi;110&nbsp&semi;euros&comma; a decrease of 0&comma;1&nbsp&semi;&percnt; compared to February&comma; however, this decrease must be put into perspective&comma; as compared to the same period last year&comma; it represents an increase of 10&comma;3&nbsp&semi;&percnt;&period;</p>&NewLine;&NewLine;&NewLine;&NewLine;<h3 class="wp-block-heading">This decline in the real estate market in Portugal is not reflected everywhere</h3>&NewLine;&NewLine;&NewLine;&NewLine;<p>This decline was mainly in the north of the country&comma; more precisely in the northern and central regions&comma; where median property values were respectively 960 and 818 euros &sol; m2&comma; with a drop of 0&comma;2 &percnt; and 0&comma;6 &percnt; compared with February&period; <strong><a href="https://agencelusofrancaiseimmobilier.com/property/maison-alter-do-chao/">The Alentejo region</a></strong> also saw this indicator drop by 1&comma;7 &percnt;&comma; to 804 euros &sol; m2&period;</p>&NewLine;&NewLine;&NewLine;&NewLine;<p>During March&comma; property values in Portugal's Lisbon and Algarve metropolitan areas were set at 1&nbsp&semi;483&nbsp&semi;euros &sol; m2&period; They recorded increases of 0&comma;2&nbsp&semi;&percnt; and 1&comma;2&nbsp&semi;&percnt;&comma; respectively&comma; compared with February&period; figures;</p>&NewLine;&NewLine;&NewLine;&NewLine;<p>However, the biggest increases were recorded in the autonomous regions of Madeira &lpar;&plus; 2&comma;2&nbsp&semi;&percnt;&rpar; and the Azores &lpar;&plus; 1&comma;3&nbsp&semi;&percnt;&rpar;&comma; at 1&nbsp&semi;138 and 908&nbsp&semi;euros &sol; m2&period;</p>&NewLine;
The year 2025 begins with increases in several key sectors in Portugal, marking... Read more
The Portuguese government recently announced an increase in the national minimum wage (SMN) to 870... Read more
Find out how the Portuguese tax system affects companies, with details on taxation,... Read more
The United Kingdom has long been recognized for its economic dynamism, political stability and... Read more
If you want to run an e-commerce business in the UK, it's crucial to know how to... Read more
On September 20, 2024, the Portuguese Tax and Customs Authority unveiled its business plan for... Read more
Our site uses cookies.
Read more