House rentals up by 3.4%

in Business · 21-02-2020 01:00:00 · 0 Comments
House rentals up by 3.4%

The price of rent for houses in Portugal by square metre have risen year on year by 3.4 percent according to the National Statistics Institute (INE).

Rental prices in Lisbon continue to have the strongest growth in Portugal with January figures showing “all regions with positive year on year variations in housing rents with Lisbon registering the most intense growth at 4.1 percent”.

Average housing rental prices registered a monthly increase of 0.3 percent in January, up by 01 percentage points when compared to the previous month. The region with the highest monthly increase in this indicator was Madeira, with a rate of 1.0 percent, and the only region that registered a negative monthly variation was the Azores, with a rate of -0.2 percent.


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