In August 2025
Median value of bank appraisals for housing in the Autonomous Region of Madeira stood at 2 285 euros per square meter
According to data released today by Statistics Portugal (INE), in August 2025, the median value of bank appraisals for housing in the Autonomous Region of Madeira (ARM) was 2 285 euros/square metre. This figure represents an increase of 2.3% compared to the previous month (i.e., up by 51 euros ). Compared to the same month of the previous year, an increase of 18.5% (+356 euros) was observed. This indicator has reached a new all-time high in the series.
For flats, the median value of bank appraisals in the ARM stood at 2 500 euros per square metre, reflecting a change of +0.8% compared to July 2025 and a rise of 26.0% year-on-year. For houses, this indicator was 1 893 euros per square metre, which is 2.0% higher than the previous month and 4.2% above that recorded in the same month last year.
At the municipal level, it is noteworthy that in August 2025, the median value of bank appraisals in Funchal was 2 569 euros per square metre, reflecting an increase of 0.3% from the previous month and +14.5% when compared to August 2024.
In addition to Funchal, the municipalities of Câmara de Lobos and Santa Cruz also surpassed the minimum threshold of observations (33), registered a median value of bank appraisals of 2 210 euros per square metre and 2 213 euros per square metre, respectively. Câmara de Lobos observed a monthly decrease of 2.6% and an increase of 19.0% increase year-on-year, whereas Santa Cruz experienced a monthly change of +1.2% and a year-on-year growth of 23.3%.
Nationally, the median value of bank appraisals was 1 965 euros per square metre, representing an increase of 20 euros (or +1.0%) from the previous month, with a year-on-year growth of 18.1% (an additional 301 euros).
Among the nine NUTS 2 regions of the country, the highest values were recorded in Grande Lisboa (2 958 euros per square metre), in Algarve (2 628 euros per square metre), and in Peninsula de Setúbal (2 351 euros per square metre), followed by the ARM at 2 285 euros per square metre. Compared to the same period last year, Peninsula de Setúbal showed the highest positive change (+24.7%), while the ARA exhibited the lowest (+10,1%). Compared to the previous month, Oeste e Vale do Tejo led the increases (+3.0%), whereas Grande Lisboa saw the lowest growth (+0.1%).
Number of bank appraisals decreased when compared to the last month and year-on-year
For the calculation of the median bank appraisal value in August 2025, a total of 620 appraisals were considered, marking a 6.6% decrease from the previous year. Of these, 315 were for flats and 305 for houses. Compared to the previous month, the number of appraisals went down by 48, representing a 7.2% decrease. Nationally, the year-on-year change in the number of bank appraisals was -0.3%, while the month-on-month change stood at -6.4%.
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