Expatica news

Buying a house in the Algarve is 25% more expensive than the national average

National banks’ lending valuations for property increased in April to a new six year high with the Algarve being the most expensive region as the price per m2 is 25% higher than the country average.

The latest figures cover April, 2017, and show the average bank evaluation per m2 for housing in Portugal was €1,110, the highest value since July 2011, according to the National Statistics Institute.


© algarvedailynews.com

The above content produced by algarvedailynews.com is not intended for commercial use and may not be republished by third parties either wholly or in part unless permission is sought and granted and the source credited.