country PT
Portugal
- Bank appraisal
- €2,278/m²
- Sept 2026
- Appraisal, 1 year
- +14.2%
- Sept 2026
- Sales, new
- €2,476/m²
- Q2 2026
- Sales, existing
- €2,208/m²
- Q2 2026
INE:0012248:PT:total · 2026-11-01INE:0012234:PT:new · 2026-11-01
Avena · Portugal official benchmark
Official Portuguese figures,
on the INE record.
Median bank appraisal per m² by region, the median price per m² of dwellings sold, and the house price index for new and existing dwellings. All three are Statistics Portugal series, refreshed from the public API each week.
Avena does not publish Portuguese listings. The listing book on this deployment has 2,064 listings and none with a Portugal place name. This page is official reference data from Statistics Portugal, plus the Spanish coastal provinces already in the Avena book. It is not Avena coverage of Portugal.
Municipality and parish sales, and the licensing pipeline · Spain province benchmark · Spain habitual rents · Eurostat house price index
Bank appraisal, Portugal, Sept 2026
€2,278/m²
Median, all construction types
Appraisal, 1 year, Sept 2026
+14.2%
Published rate, indicator 0012250
House price index, new, Q2 2026
+12.3%
Index 110.92, base 2025
House price index, existing, Q2 2026
+18.0%
Index 115.45, base 2025
Regions INE publishes
Appraisal, then the sale price.
The appraisal is indicator 0012248, Sept 2026. The sale price is indicator 0012234, median euro per m² over the twelve months to Q2 2026, new dwellings and existing dwellings. They are different measurements and different periods.
nuts2 15 · NUTS III 150 publishes the same figures
Algarve
- Bank appraisal
- €2,953/m²
- Sept 2026
- Appraisal, 1 year
- +10.4%
- Sept 2026
- Sales, new
- €3,668/m²
- Q2 2026
- Sales, existing
- €3,259/m²
- Q2 2026
INE:0012248:15:total · 2026-11-01INE:0012234:15:new · 2026-11-01
nuts2 1A · NUTS III 1A0 publishes the same figures
Grande Lisboa
- Bank appraisal
- €3,452/m²
- Sept 2026
- Appraisal, 1 year
- +15.3%
- Sept 2026
- Sales, new
- €4,231/m²
- Q2 2026
- Sales, existing
- €3,693/m²
- Q2 2026
INE:0012248:1A:total · 2026-11-01INE:0012234:1A:new · 2026-11-01
nuts2 1B · NUTS III 1B0 publishes the same figures
Península de Setúbal
- Bank appraisal
- €2,845/m²
- Sept 2026
- Appraisal, 1 year
- +18.4%
- Sept 2026
- Sales, new
- €3,069/m²
- Q2 2026
- Sales, existing
- €2,863/m²
- Q2 2026
INE:0012248:1B:total · 2026-11-01INE:0012234:1B:new · 2026-11-01
nuts2 11
Norte
- Bank appraisal
- €1,956/m²
- Sept 2026
- Appraisal, 1 year
- +15.7%
- Sept 2026
- Sales, new
- €2,261/m²
- Q2 2026
- Sales, existing
- €1,900/m²
- Q2 2026
INE:0012248:11:total · 2026-11-01INE:0012234:11:new · 2026-11-01
nuts3 11A
Área Metropolitana do Porto
- Bank appraisal
- €2,325/m²
- Sept 2026
- Appraisal, 1 year
- Not published
- NUTS II series only
- Sales, new
- €2,875/m²
- Q2 2026
- Sales, existing
- €2,390/m²
- Q2 2026
INE:0012248:11A:total · 2026-11-01INE:0012234:11A:new · 2026-11-01
nuts2 19
Centro
- Bank appraisal
- €1,438/m²
- Sept 2026
- Appraisal, 1 year
- +13.7%
- Sept 2026
- Sales, new
- €1,692/m²
- Q2 2026
- Sales, existing
- €1,172/m²
- Q2 2026
INE:0012248:19:total · 2026-11-01INE:0012234:19:new · 2026-11-01
nuts2 30 · NUTS III 300 publishes the same figures
Região Autónoma da Madeira
- Bank appraisal
- €2,642/m²
- Sept 2026
- Appraisal, 1 year
- +14.3%
- Sept 2026
- Sales, new
- €3,265/m²
- Q2 2026
- Sales, existing
- €2,571/m²
- Q2 2026
INE:0012248:30:total · 2026-11-01INE:0012234:30:new · 2026-11-01
| Region | Bank appraisal | Appraisal, 1 year | Sales, new | Sales, existing |
|---|---|---|---|---|
| Portugalcountry PT | €2,278Sept 2026 | +14.2%Sept 2026 | €2,476Q2 2026 | €2,208Q2 2026 |
| Algarvenuts2 15 · NUTS III 150 publishes the same figures | €2,953Sept 2026 | +10.4%Sept 2026 | €3,668Q2 2026 | €3,259Q2 2026 |
| Grande Lisboanuts2 1A · NUTS III 1A0 publishes the same figures | €3,452Sept 2026 | +15.3%Sept 2026 | €4,231Q2 2026 | €3,693Q2 2026 |
| Península de Setúbalnuts2 1B · NUTS III 1B0 publishes the same figures | €2,845Sept 2026 | +18.4%Sept 2026 | €3,069Q2 2026 | €2,863Q2 2026 |
| Nortenuts2 11 | €1,956Sept 2026 | +15.7%Sept 2026 | €2,261Q2 2026 | €1,900Q2 2026 |
| Área Metropolitana do Portonuts3 11A | €2,325Sept 2026 | –Not published here | €2,875Q2 2026 | €2,390Q2 2026 |
| Centronuts2 19 | €1,438Sept 2026 | +13.7%Sept 2026 | €1,692Q2 2026 | €1,172Q2 2026 |
| Região Autónoma da Madeiranuts2 30 · NUTS III 300 publishes the same figures | €2,642Sept 2026 | +14.3%Sept 2026 | €3,265Q2 2026 | €2,571Q2 2026 |
Same appraisal, by construction type
Flats and villas.
These are the other two categories of indicator 0012248. A flat is not a new dwelling, and a villa is not an existing one.
Portugal
- Flats
- €2,662/m²
- INE:0012248:PT:flats
- Villas
- €1,621/m²
- INE:0012248:PT:villas
Algarve
- Flats
- €3,010/m²
- INE:0012248:15:flats
- Villas
- €2,835/m²
- INE:0012248:15:villas
Grande Lisboa
- Flats
- €3,525/m²
- INE:0012248:1A:flats
- Villas
- €2,942/m²
- INE:0012248:1A:villas
Península de Setúbal
- Flats
- €2,873/m²
- INE:0012248:1B:flats
- Villas
- €2,708/m²
- INE:0012248:1B:villas
Norte
- Flats
- €2,232/m²
- INE:0012248:11:flats
- Villas
- €1,551/m²
- INE:0012248:11:villas
Área Metropolitana do Porto
- Flats
- €2,473/m²
- INE:0012248:11A:flats
- Villas
- €1,850/m²
- INE:0012248:11A:villas
Centro
- Flats
- €1,748/m²
- INE:0012248:19:flats
- Villas
- €1,172/m²
- INE:0012248:19:villas
Região Autónoma da Madeira
- Flats
- €2,918/m²
- INE:0012248:30:flats
- Villas
- €2,347/m²
- INE:0012248:30:villas
| Region | Flats | Villas | Series |
|---|---|---|---|
| Portugal | €2,662 | €1,621 | INE:0012248:PT:flats |
| Algarve | €3,010 | €2,835 | INE:0012248:15:flats |
| Grande Lisboa | €3,525 | €2,942 | INE:0012248:1A:flats |
| Península de Setúbal | €2,873 | €2,708 | INE:0012248:1B:flats |
| Norte | €2,232 | €1,551 | INE:0012248:11:flats |
| Área Metropolitana do Porto | €2,473 | €1,850 | INE:0012248:11A:flats |
| Centro | €1,748 | €1,172 | INE:0012248:19:flats |
| Região Autónoma da Madeira | €2,918 | €2,347 | INE:0012248:30:flats |
House price index, Portugal
New dwellings and existing dwellings.
National house price index. New and existing are the categories INE publishes. The index is not a euro price. Q2 2026. Base 2025. Indicator 0014765 is the index. Indicator 0014767 is the annual rate of change.
| Category | Index | Annual change | Series |
|---|---|---|---|
| total | 114.24 | +16.5% | INE:0014765:PT:totalINE:0014767:PT:total |
| new | 110.92 | +12.3% | INE:0014765:PT:newINE:0014767:PT:new |
| existing | 115.45 | +18.0% | INE:0014765:PT:existingINE:0014767:PT:existing |
Spain, for scale
Asking price beside the Spanish appraisal.
Spanish coastal provinces in the current Avena listing book. The asking figure is the Avena median euro per m². The appraisal is the Spanish ministry figure. The gap is derived. None of these rows are Portuguese listings. asking_vs_appraisal_pct = (Avena median asking €/m² − official appraised €/m²) / official appraised €/m², in percent, rounded to 0.1. Positive means the asking median sits above the appraisal. Derived by Avena from the two inputs. It is not an official statistic.
Andalucía
Málaga
- Avena median asking
- €6,878/m²
- 868 listings
- Official appraisal
- €3,083.5/m²
- Q2 2026
- Asking vs appraisal
- +123.1%
- premium
VDP006_01:libre:cpro=29 · 2026-10-28
Comunitat Valenciana
Alicante
- Avena median asking
- €5,012.5/m²
- 822 listings
- Official appraisal
- €2,020.7/m²
- Q2 2026
- Asking vs appraisal
- +148.1%
- premium
VDP006_01:libre:cpro=03 · 2026-10-28
Murcia, Región de
Murcia
- Avena median asking
- €4,359/m²
- 333 listings
- Official appraisal
- €1,350.1/m²
- Q2 2026
- Asking vs appraisal
- +222.9%
- premium
VDP006_01:libre:ccaa=Murcia, Region de · 2026-10-28
Andalucía
Granada
- Avena median asking
- €4,986.5/m²
- 6 listings
- Official appraisal
- €1,673.3/m²
- Q2 2026
- Asking vs appraisal
- +198.0%
- premium
VDP006_01:libre:cpro=18 · 2026-10-28
Andalucía
Cádiz
- Avena median asking
- €6,024/m²
- 35 listings
- Official appraisal
- €2,043/m²
- Q2 2026
- Asking vs appraisal
- +194.9%
- premium
VDP006_01:libre:cpro=11 · 2026-10-28
| Province | Avena median asking | Official appraisal | Asking vs appraisal |
|---|---|---|---|
| MálagaAndalucía | €6,878868 listings | €3,083.5Q2 2026 | +123.1%premium |
| AlicanteComunitat Valenciana | €5,012.5822 listings | €2,020.7Q2 2026 | +148.1%premium |
| MurciaMurcia, Región de | €4,359333 listings | €1,350.1Q2 2026 | +222.9%premium |
| GranadaAndalucía | €4,986.56 listings | €1,673.3Q2 2026 | +198.0%premium |
| CádizAndalucía | €6,02435 listings | €2,043Q2 2026 | +194.9%premium |
The same provinces, with the INE Spain index, are on /spain/official.
Provenance
Indicator, period, retrieval.
Bank appraisal, €/m²
Indicator 0012248. Latest period in this file: Sept 2026. INE updated 2026-10-27. Fetched 2026-11-01T00:24:38.895Z. INE:0012248:PT:total.
www.ine.pt/bddXplorer/htdocs/minfo.jsp?var_cd=0012248&lingua=ENBank appraisal, annual change
Indicator 0012250. Latest period in this file: Sept 2026. INE updated 2026-10-27. Fetched 2026-11-01T00:24:54.243Z. INE:0012250:PT:total.
www.ine.pt/bddXplorer/htdocs/minfo.jsp?var_cd=0012250&lingua=ENMedian sale price, €/m²
Indicator 0012234. Latest period in this file: Q2 2026. INE updated 2026-10-23. Fetched 2026-11-01T00:25:02.425Z. INE:0012234:PT:new.
www.ine.pt/bddXplorer/htdocs/minfo.jsp?var_cd=0012234&lingua=ENHouse price index
Indicator 0014765. Latest period in this file: Q2 2026. INE updated 2026-09-22. Fetched 2026-11-01T00:25:05.272Z. INE:0014765:PT:new.
www.ine.pt/bddXplorer/htdocs/minfo.jsp?var_cd=0014765&lingua=ENHouse price index, annual change
Indicator 0014767. Latest period in this file: Q2 2026. INE updated 2026-09-22. Fetched 2026-11-01T00:25:10.324Z. INE:0014767:PT:new.
www.ine.pt/bddXplorer/htdocs/minfo.jsp?var_cd=0014767&lingua=ENINE data, CC BY 4.0. Attribution: Fonte: INE.
Retrieved 2026-11-01T00:24:38.895Z. Machine-readable copy: /api/v1/pt-official.
What these numbers are
Separate measurements.
- The bank appraisal is the median euro per m² from INE’s Survey on bank evaluation on housing. It is a valuation, not a price at which a home sold. Total, Flats and Villas are construction types. They are not a new-versus-existing split.
- The sale price is the median euro per m² of dwellings sold in the last 12 months (indicator 0012234), split New and Existing. It comes from a different operation and a different calendar from the appraisal.
- The house price index is national, base 2025, and split New and Existing. It is not a euro price and INE does not publish it by NUTS region.
- Área Metropolitana de Lisboa is not a NUTS 2024 geography. Grande Lisboa and Península de Setúbal are separate rows. They are not added together.
- A year-on-year appraisal rate is the figure INE publishes in indicator 0012250. Where that indicator has no geography, the rate is left empty. It is not computed from the level.
- This file does not contain Avena asking prices. The Spain comparison is joined when the page and the JSON route are rendered.
Not in this file
- Área Metropolitana de Lisboa. NUTS 2024 does not publish that geography. Grande Lisboa (1A) and Península de Setúbal (1B) are the two NUTS II regions. They are not summed. Indicator page
- House price index by region. Indicators 0014765 and 0014767 are national. INE does not publish the new-versus-existing house price index by NUTS region in these series. Indicator page
- Bank appraisal year-on-year rate, Área Metropolitana do Porto. Indicator 0012250 is NUTS II. Code 11A is not a valid geography on it. The Porto level is indicator 0012248. No rate is derived from that level. Indicator page