In February 2026

Median value of bank appraisals for housing in the Autonomous Region of Madeira stood at 2 448 euros/m²

According to data released today by Statistics Portugal (INE), in February 2026, the median value of bank appraisals for housing in the Autonomous Region of Madeira stood at 2 448 euros/m², recording a decrease of 0.1% compared to the previous month (i.e. 2 euros less). Compared to the same month of the previous year, a rise of 17.7% (+368 euros) was observed.

For flats, the median value of bank appraisals for housing in the ARM was 2 644 euros/m², reflecting a change of +0.3% compared to January 2026 and +22.2% compared to the same month of the previous year.

For houses, this indicator stood at 2 128 euros/m², a value 1.6% higher than that observed in the previous month and +11.5% above that recorded in the same month of the previous year.

At the municipal level, it should be noted that the median value of bank appraisals in Funchal, in February 2026, stood at 2 800 euros/m², -0.7% compared to the previous month and +22.9% compared to February 2025.

In addition to Funchal, the municipalities of Câmara de Lobos and Santa Cruz also exceeded the minimum number of recorded observations (33) in the reference month, with values of 2 385 euros/m² and 2 442 euros/m², respectively. Câmara de Lobos recorded a decrease of 3.5% compared to the previous month and an increase of 22.6% compared to the same month of the previous year, whilst Santa Cruz recorded a month-on-month change of +0.3% and a year-on-year change of +22.9%.

The median value of bank appraisals nationally stood at 2 122 euros/m², 17 euros more than in the previous month (+0.8%). The year-on-year change was +17.2% (+312 euros).

In the context of the 9 NUTS 2 regions of the country, the highest values were observed in Grande Lisboa (3 233 euros/m²), Algarve (2 817 euros/m²) and Península de Setúbal (2 609 euros/m²), with the ARM (2 448 euros/m²) ranking next. Compared with the same period of the previous year, Peninsula de Setúbal (+26.0%) recorded the largest positive change, whilst the Centro region (+12.9%) presented the smallest. Compared with the previous month, Peninsula de Setúbal (+1.9%) recorded the largest increase, whilst the ARM (-0.1%) appeared at the opposite end as the only region with a month-on-month decrease.

Number of bank appraisals decreased compared to both the previous month and the same month of the previous year

For the calculation of the median bank appraisal for February 2026, 590 appraisals were considered, -21.5% compared to the same period of the previous year. Of these, 273 were for flats and 317 for houses. Compared to the previous month, 35 fewer appraisals were carried out, corresponding to a decrease of 5.6%. Nationally, the year-on-year change in the number of bank appraisals was -15.6%, whilst the month-on-month change stood at -5.4%.

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