<p>The 1994–95 Liga de Honra season was the 5th season of the competition and the 61st season of recognised second-tier football in Portugal.
The league was contested by 18 teams with Leça FC winning the championship and gaining promotion to the Primeira Liga along with SC Campomaiorense and FC Felgueiras. At the other end of the table Portimonense SC, Amora FC and SCU Torreense were relegated to the Segunda Divisão.</p>