Property valuation in Spain & Portugal.

Holiday home on the Costa del Sol, apartment in Madrid, Lisbon or Porto, villa in the Algarve: get a free indicative range, built from local price levels and yields, and understand the official values the tax authorities use.

Get your indicative value range

Select the matching asset type, enter the key metrics, and the engine returns a low, central and high value with the reasoning behind it.

How the calculation works

The recognised approaches for this asset class, applied to your figures.

Local price per square metre

Prices vary sharply between city centres, coastal areas and inland regions. The engine uses price levels for the same municipality and property type, adjusted for size, condition, views, terrace, pool and parking.

Official reference values

In Spain, the Catastro publishes a reference value (valor de referencia) used since 2022 as the minimum basis for transfer and inheritance taxes. In Portugal, the tax value (VPT) plays a similar role. Both are shown as a check, as they often differ from market value.

Rental yield

For rented and holiday properties, the expected rent is capitalised at local yields. Holiday-rental income must take into account local licensing rules, which have tightened in several cities.

Comparable transactions

Where recorded sale prices are available, the estimate is cross-checked against sales of similar properties. Where only asking prices are visible, a negotiation margin is applied and the range is wider.

Common questions

Straight answers before you start.

Is a tasación required in Spain?

For a mortgage, Spanish banks require a valuation (tasación) by an appraisal company registered with the Bank of Spain. For a sale or a tax declaration, an independent valuation helps justify the price.

What is the Catastro reference value?

Since 2022, it is the minimum value used by the Spanish tax authorities for transfer tax and inheritance and gift tax. If you declare less, you must justify it.

How is property value checked for tax in Portugal?

The tax value (VPT) recorded with the tax administration is used for property taxes. The transfer tax (IMT) is calculated on the higher of the declared price and the VPT.

Can I get an expert opinion in Spain or Portugal?

Yes, on request. We are building our network of local valuers in Spain and Portugal; we match your request with a qualified professional for the region concerned.

In which currency is the value returned?

In euros, the currency of both countries.

What should I prepare?

Address or cadastral reference, built area, plot size, number of bedrooms, year of construction, condition, and for rented properties the rent and licence details.