Portugal: House Rental Prices Rise 1.7%



In April, house rental prices in Portugal increased by 1.7% compared to the previous month. Stay updated on the latest housing market trends in Portugal.

The cost of renting a house in Portugal has seen a slight increase, with the median price now standing at 16.1 euros per square metre (euros/m2), as reported by the idealista price index. This uptick comes after two months of price stabilisation in the rental market. Among the 13 district capitals included in the study, only Castelo Branco experienced a decrease in house rents, with a decline of 2.5% in April. Conversely, several cities saw an increase in rental prices, with Faro leading the way with an 8.3% rise, followed by Évora (5.4%), Aveiro (5.3%), and Setúbal (3.6%), among others.


Portugal: House Rental Prices Rise 1.7%

Lisbon remains the most expensive city to rent a house, with prices reaching 21.6 euros/m2. Porto and Funchal take the second and third spots, with rental prices of 17.4 euros/m2 and 13.8 euros/m2, respectively. On the other end of the spectrum, Castelo Branco offers the most affordable rental rates at 6.7 euros/m2, followed by Viseu (7.8 euros/m2), Leiria (8 euros/m2), and others.

Overall, the rental market in Portugal is showing signs of recovery, with varying trends across different cities. As the economy continues to stabilize, it will be interesting to see how rental prices evolve in the coming months.

Portugal: House Rental Prices Rise 1.7%

Support Ogusyis by making a contribution – no matter how small.


Enter your amount
£
Enter your amount
£
Enter your amount
£
Yourname
Email
Phone


U.S. Home Sales Decline Amid Record Prices and Rising Mortgage Rates

U.S. existing home sales continue to drop for the third month in a row due to record-high prices and increasing mortgage rates, but a surge in housing inventory offers hope for potential buyers.

U.S. existing home sales continue to drop for the third month in a row due to record-high prices and increasing mortgage rates, but a surge in housing inventory offers hope for potential buyers.

Read more

Canada’s Housing Market Weakens in May Amid Anticipation of Bank of Canada Interest Rate Cut

The benchmark price of a home in Canada fell 0.2% in May to $714,300, with prices down 2.4% from last year. Will the upcoming interest rate cut provide relief for buyers?

The benchmark price of a home in Canada fell 0.2% in May to $714,300, with prices down 2.4% from last year. Will the upcoming interest rate cut provide relief for buyers?

Read more

Spanish Island and Coast House Prices Return to 2008 Levels

Discover how house prices on Spanish islands and coast have surged, nearing 2008 highs with an average 3.3% rise in May.

Discover how house prices on Spanish islands and coast have surged, nearing 2008 highs with an average 3.3% rise in May.

Read more

Discover Spain's Top Neighborhoods for Foreigners

Discover Spain's top neighborhoods for foreigners and explore the most sought-after locations for property investment. Start your search for the perfect home in Spain today!

Discover Spain\'s top neighborhoods for foreigners and explore the most sought-after locations for property investment. Start your search for the perfect home in Spain today!

Read more

27% of Canadian Renters Ready to Buy | Royal LePage Study

Discover the latest findings from the Royal LePage study, revealing that 27% of Canadian renters are ready to overcome financial hurdles and purchase a property within the next two years.

Discover the latest findings from the Royal LePage study, revealing that 27% of Canadian renters are ready to overcome financial hurdles and purchase a property within the next two years.

Read more

Australia Real Estate Prices Set to Soar in Two-Speed Market

Get the latest forecast on Australia real estate prices, with record growth expected in most markets but varying rates of increase.

Get the latest forecast on Australia real estate prices, with record growth expected in most markets but varying rates of increase.

Read more

European Property Market: A Shift in Price Trends

Discover the latest trends in the European real estate market and why the days of lower prices may soon be over. Stay ahead of the curve with insights on residential property values holding strong.

Discover the latest trends in the European real estate market and why the days of lower prices may soon be over. Stay ahead of the curve with insights on residential property values holding strong.

Read more

Rental Housing Sales Surge in The Netherlands

Get ready for a surge in rental housing sales in The Netherlands as real estate companies warn of a second wave hitting the market next year. Stay informed about the latest developments in the real estate market and how it may impact rental properties in The Netherlands.

Get ready for a surge in rental housing sales in The Netherlands as real estate companies warn of a second wave hitting the market next year. Stay informed about the latest developments in the real estate market and how it may impact rental properties in The Netherlands.

Read more

Rental Costs in Switzerland Surge by Over 5% Annually

Discover the latest data on the rising rental costs in Switzerland, increasing by more than 5% each year. Stay informed on the current trends.

Discover the latest data on the rising rental costs in Switzerland, increasing by more than 5% each year. Stay informed on the current trends.

Read more

Copyright © Ogusyis. All rights reserved. The Content may not be copied, distributed,  republished, uploaded, posted or transmitted in any way without the prior written consent of Ogusyis.