Azores home valuations reach €2,228 per m²
The median bank valuation of homes in the Azores reached €2,228 per m² in June.
The median bank valuation of housing in the Azores reached €2,228 per square metre in June, setting a new regional high. The figure was €20 above the value recorded in the previous month.
Compared with June 2025, bank valuations in the region rose by 24%. The figures, based on data from Statistics Portugal, place the Azores among the regions with the strongest annual growth in this indicator.
Month on month, compared with May, the increase was 3.1%, the highest among Portugal’s regions. Nationwide, the annual rate of change stood at 16.6%, below the rate recorded in the Azores.
Apartments again stood out in the regional trend, with their median valuation rising 25.7% year on year. Bank valuations are a reference point for home-purchase lending and help track pressure in the Azorean housing market.
More news
August 6
Horta welcomes vessel set to strengthen ocean research in the Azores
Azores Ocean has arrived in Horta to support marine scientific research in the Azores.
August 6
Assessment finds three-year biomass decline for Flores limpet
Assessment records a notable drop in limpet biomass on Flores between 2022 and 2025.
August 6
Western Group cargo service to be retendered after bid exceeds limit
Tender to charter a cargo ship for Flores and Corvo ends without an award.