In April 2020
Median value of bank appraisals on housing in the Autonomous Region of Madeira increased from the previous month and year-on-year
In April 2020, the average value of bank appraisals on housing in the Autonomous Region of Madeira reached €1 147/sq meter, increasing by 0.8% from March 2020 and by 6.2% from the year-ago month.
For the flats located in the Autonomous Region of Madeira, the average value of bank appraisals in the month of reference was €1 156/sq meter, down by 0.7% and up by 5.1%, when compared to last March and April 2019, respectively. In the case of row houses the value was lower (€1 144/sq meter), with the growth rates, by the same order, standing at 4.9% and 11.2%.
For Portugal, that same variable stood at €1 111/sq meter in the month of reference, up by 1 euro from the previous month. The year-on-year change rate was +9.5%. The highest values were registered in Área Metropolitana de Lisboa (€1 483/sq meter) and Algarve (€1 482/sq meter) followed by the Autonomous Region of Madeira (€1 147/sq meter).
