{"id":4436,"date":"2020-04-27T16:26:43","date_gmt":"2020-04-27T15:26:43","guid":{"rendered":"https:\/\/agencelusofrancaiseimmobilier.com\/?p=4436"},"modified":"2022-03-05T10:10:31","modified_gmt":"2022-03-05T10:10:31","slug":"property-values-in-portugal","status":"publish","type":"post","link":"https:\/\/agencelusofrancaiseimmobilier.com\/en\/les-valeurs-des-biens-immobilier-au-portugal\/","title":{"rendered":"MEDIAN PROPERTY MARKET VALUE FALLS"},"content":{"rendered":"<p>Article produced by our partner:  <a href=\"https:\/\/vivreauportugalconsulting.com\" target=\"_blank\" rel=\"noopener\">Living in Portugal Consulting<\/a><\/p>\n\n\n\n<p>The median value at which banks value properties with a view to granting loans fell to \u20ac1,110 in March. The effects of the pandemic are already being felt in the Portuguese property market.   <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-la-valeur-mediane-du-marche-immobilier-au-portugal-baisse\">Median value of Portugal's property market falls<\/h2>\n\n\n\n<p>When you apply for credit in Portugal. The banks assess your creditworthiness in order to give you a loan amount. As it happens, as a result of the current health crisis, this median value has just fallen for the first time in four years.<\/p>\n\n\n\n<p>According to the National Statistics Institute (INE). The value of a square metre stood at \u20ac1,110 in March, interrupting a 48-month cycle of growth. However, INE's statics data differ from those published in previous months. They justify this by changes in the calculation methodology.<\/p>\n\n\n\n<p>The median value of bank valuations in March was \u20ac1,110, a fall of 0.1 % compared with February. However, this fall needs to be put into perspective, as compared with the same period last year. It represents an increase of 10.3 %.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-cette-baisse-du-marche-immobilier-au-portugal-ne-se-reflete-pas-de-partout\">This downturn in the property market in Portugal is not reflected everywhere<\/h3>\n\n\n\n<p>This fall occurred mainly in the north of the country, more specifically in the northern and central regions.  Where the median property value was 960 and 818 euros\/m2 respectively, down by 0.2 % and 0.6 % compared with February. <\/p>\n\n\n\n<p><strong><a href=\"https:\/\/agencelusofrancaiseimmobilier.com\/en\/property\/maison-alter-do-chao\/\">The Alentejo region<\/a><\/strong> also saw this indicator fall by 1.7 1TP3Q, to 804 euros \/ m2.<\/p>\n\n\n\n<p>During March, property values in Portugal's Lisbon and Algarve metropolitan areas were set at 1,483 euros\/m2. They recorded increases of 0.2 % and 1.2 %, respectively, compared with February's figures.<\/p>\n\n\n\n<p>However, the biggest rises were recorded in the autonomous regions of Madeira (+2.2 %) and the Azores (+1.3 %), at \u20ac1,138 and \u20ac908\/m2 respectively.<\/p>","protected":false},"excerpt":{"rendered":"<p>The median value at which banks value properties with a view to granting loans fell to \u20ac1,110 in March. The effects of the pandemic are already being felt ... <\/p>","protected":false},"author":1,"featured_media":2740,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[985],"tags":[],"class_list":["post-4436","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-immobilier"],"jetpack_featured_media_url":"https:\/\/agencelusofrancaiseimmobilier.com\/wp-content\/uploads\/2019\/05\/le-march\u00e9-immobilier-au-portugal.jpg","_links":{"self":[{"href":"https:\/\/agencelusofrancaiseimmobilier.com\/en\/wp-json\/wp\/v2\/posts\/4436","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/agencelusofrancaiseimmobilier.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/agencelusofrancaiseimmobilier.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/agencelusofrancaiseimmobilier.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/agencelusofrancaiseimmobilier.com\/en\/wp-json\/wp\/v2\/comments?post=4436"}],"version-history":[{"count":0,"href":"https:\/\/agencelusofrancaiseimmobilier.com\/en\/wp-json\/wp\/v2\/posts\/4436\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/agencelusofrancaiseimmobilier.com\/en\/wp-json\/wp\/v2\/media\/2740"}],"wp:attachment":[{"href":"https:\/\/agencelusofrancaiseimmobilier.com\/en\/wp-json\/wp\/v2\/media?parent=4436"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/agencelusofrancaiseimmobilier.com\/en\/wp-json\/wp\/v2\/categories?post=4436"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/agencelusofrancaiseimmobilier.com\/en\/wp-json\/wp\/v2\/tags?post=4436"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}