Rental prices

Lisbon has announced its plan of attack to address the city's housing problem.

The value of rents for new lease contracts will now have criteria that limit their increase, according to the Portuguese Prime Minister, António Costa, announced in February at the end of the Council of Ministers.

Renting a home has been getting more expensive in Portugal since at least 2017. In a context of supply pressure and a shortage of property for rent in Portugal, the value of rents has not stopped rising in the last five years and reached 6.25 euros per square metre (euros/m2) in the last 12 months.

The stimulation of the rental market in Portugal is still in the Government's sights, which has in mind the creation of a mechanism of support to rents for young workers in the country.

Is it better to rent or buy in Portugal? Is buying property in Portugal a good investment?

In the current climate of rising interest rates and changing mortgage conditions, many people prefer to rent property instead of buying, not to mention the significant sum of money that in many cases has to be paid up front as a deposit and that many struggle to afford.

In Portugal, things tend to cool down during autumn and winter. However, in the case of the Portuguese rental market, things really started to heat up at the end of 2021.

The coronavirus pandemic continues to have its effect on the global property market and we've already heard that rental prices will see slight rises in Portugal in 2022. But what exactly will these price rises look like? How much will rent go up by in Portugal?

Housing rental prices in Portugal are set to rise again in 2022, after remaining unchanged in 2021, but after rising between 2016 and 2020. This, however, will be a slight increase, bearing in mind that, excluding housing, the inflation rate was 0.29% in July.

Milan is the capital of Southern Europe where the effort rate of families to pay the rent of a house is the highest: 42,6%. A figure higher than that registered, for example, in Madrid (36.3%) and Lisbon (35.8%). Another Portuguese city, Setúbal, is in second place in this ranking (40.6%).

Rental prices in Portugal continue to rise in Portugal in 2021 in spite of the COVID-19 pandemic, although at a slower pace than in recent months. How much does it cost to rent a house in the country's two main cities? What are the cheapest and most expensive areas to rent in Lisbon and Porto?

The price of houses for rent has been falling in Portugal during the pandemic, with a 3% drop in average national terms over the last year.

In the midst of the COVID-19 pandemic, how is the rental market in Portugal behaving in terms of prices? At the start of 2021, rental prices in Portugal fell 0.4% in January, settling at 11.2 euros per m2.

How much does it cost to rent a house in the cheapest municipality of Portugal? And the most expensive?

The Portuguese Government has revealed that it wants to create a pool with currently vacant (or available) properties across the country, that will be turned into affordable rental housing.

The average value of housing rent in Portugal registered a monthly variation of -0.2% in May 2020, a value 0.3 percentage points (p.p.) lower than that registered in April.

House rental prices per square metre (m2) rose 3.1% in April 2020 in Portugal, compared to the same period in the previous month (March).

The Portugese Government is considering abolishing the fixed amount of money given to university students as an accommodation allowance, and adjusting it according to the average rent in the area where they study.

178,691 homes were sold in Portugal in 2018, 16.6% more than the previous year. This is the highest figure in the last 10 years, since 2009, according to the National Institute of Statistics (INE).

Renting a house in Portugal was 9.3% more expensive in 2018 than previous years, with the average cost per square metre for the whole country reaching 4.80 euro, which is 0.45 euro per square foot.

Renting an apartment in Lisbon is more expensive than it was a year ago, but the rise in prices is slowing down. In the second quarter of the year, rental prices in the Portuguese capital rose by 1.8% over the previous quarter and by 17% in counterpart terms.

Buying a house will always be cheaper than renting in the long run, wherever it is in Portugal, according to accounts based on data from the National Institute of Statistics (Instituto Nacional de Estatística or INE). In the current real estate context of high prices in the rental market, paying of

Neither rent nor buy. That’s the reality for young people in Portugal, who are a long way off being able to afford a property at the current house prices.

More houses and cheaper. In the end, though, where are these houses? Nowhere. The Portuguese real estate market is in the middle of a drama: there is a lot of demand and little supply at affordable prices.

Are you paying a fair price for your home in the sun, or is the owner being overly ambitious with the asking price? Try using these 5 parameters to find out… 1.