Real estate prices skyrocket in Portugal

Real estate prices skyrocket in Portugal - It's time to sell

According to the National Institute of Statistics (INE), the increase in property prices skyrocketed in the second half of the year by 8%, compared to the same period last year, as well as compared to the first quarter of the year (7.9%).

The Algarve stands out because it is the region of the country where the price of properties reached the highest value, per square meter - the average property price for Portugal is  830 € / m2 while in the Algarve it is  €1,317 / m2, with Lagos being the council with the highest price per square meter (€2,232  / m2).

Despite the rise in prices, sales expectations over the next few months are very positive, so this is undoubtedly the best time for you to put your house up for sale with Casas do Barlavento.