Rental prices rose 5.9% per m2 in Portugal in January 2024

Rental prices rose 5.9% per m2 in Portugal in January 2024

Portugal is mired in a housing crisis, with house prices, both for buying and renting, remaining high. Increasing supply is the solution put forward by many players in the property sector, but there are several challenges to overcome along the way.
House rent in Portugal increased by 50% in 5 years

House rent in Portugal increased by 50% in 5 years

More and more families are choosing to rent a house in Portugal, given increasing difficulty when it comes to getting a mortgage, but rental supply is still scarce in Portugal. This is why we have seen the increase in rental prices in Portugal month after month.