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.

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