In September 2017

Average value of housing bank evaluation in the Autonomous Region of Madeira increased

In September 2017, the average value of housing bank appraisals in the Autonomous Region of Madeira reached €1 270/sq meter, increasing by 2.0% from August 2017 and by 8.7% from the same period of the year before.

For the flats located in the Autonomous Region of Madeira, the value of bank appraisals in the month of reference was €1 299/sq meter. In the case of row houses the value was lower (€1 237/sq meter).

For Portugal, that same variable stood at €1 135/sq meter in the month of reference, 1.2% above the previous month. The year-on-year change rate was +5.5%.

Aval Eng