House prices in Minho rose again in April compared to the previous month, according to the Idealista price index. At a national level, values remained stable, with an increase of around 0.5%.
The two district capitals of Minho had increases above the national average. Braga with 2.3% and Viana do Castelo with 0.9%. Portalegre is first on the list with 6%, followed by Bragança, 4.7% and Évora, 3.6%.
Lisbon continues to be the city where it is most expensive to buy a house: 5,585 euros/m2. Porto (3,566 euros/m2) and Funchal (3,304 euros/m2) occupy second and third place, respectively. In Viana do Castelo, m2 costs 1,902 euros, and 1,834 in Braga.
It should be noted that the ranking of the most expensive districts to buy a house is led by Lisbon (4,027 euros/m2), followed by Faro (3,334 euros/m2), Madeira Island (3,015 euros/m2), Porto (2,580 euros/m2) , Setúbal (2,472 euros/m2), Porto Santo island (2,241 euros/m2), Aveiro (1,723 euros/m2), São Miguel island (1,672 euros/m2), Leiria (1,616 euros/m2), Braga (1,547 euros/m2), Pico island (1,491 euros/m2), Viana do Castelo (1,466 euros/m2), Santa Maria island (1,416 euros/m2), Coimbra (1,389 euros/m2), Faial island (1,321 euros /m2), Évora (1,280 euros/m2), Terceira island (1,214 euros/m2), São Jorge island (1,210 euros/m2) and Santarém (1,160 euros/m2).
The most economical prices are in Guarda (689 euros/m2), Portalegre (724 euros/m2), Castelo Branco (839 euros/m2), Bragança (884 euros/m2), Vila Real (973 euros/m2), Beja (1,098 euros/m2) and Viseu (1,118 euros/m2).
To carry out the property price index, Idealista explains that the offer prices (based on built square meters) published by idealista advertisers are analyzed. Atypical advertisements and those with out-of-market prices are eliminated from the statistics.
The platform also includes the “single-family houses” typology and we discard all ads that are in our database and that have not been interacted with by users for some time. The final result is obtained through the median of all valid advertisements in each market.
