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More Families Prefer to Rent a Home in Portugal

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Over the past 10 years, the number of rented houses and apartments in the country has increased by 16%.

According to the National Institute of Statistics (INE), over the past 10 years, the number of rented houses and apartments in Portugal has increased by 16%. And since the supply of rental housing has not kept pace with demand, the average rental price has jumped by 42.1% over the decade.

Regions. The most significant share of rental housing is in Lisbon (29.2% of all residential properties). On the contrary, the central region has the lowest share of rented housing (15.8%), along with a high share of owned housing (77.3%).

Bids. In 2021, the average cost of monthly rental housing in Portugal was €334, which is 42.1% more than in 2011 (€235). The highest monthly rental cost was in the Lisbon Metropolitan Area (€403), and the lowest was in Alentejo (€261).

Propreties for rent in Portugal:
Apartment for 4 250 euro per month in Portimao, Portugal
4 250 € per month
Apartment in Portimao, Portugal
195 sq.m 5 4 3
Fantastic, state-of-the-art T4, duplex apartment available for annual rental. Set in a gated condominium with lush landscaped gardens, 2 swimming pools, children's play area, gym & sauna. Spaning 2 floors, with the ground floor consisting of entrance hall, bedroom, guest bathroom, large living/dining area, open plan fully fitted & eqipped...
Habita International Estates Ltd
Apartment for 2 750 euro per month in Portimao, Portugal
2 750 € per month
Apartment in Portimao, Portugal
129 sq.m 4 3 3
State-of-the-art, elegantly furnished, air-conditioned apartment has entrance hall with guest W.C, hallway with family bathroom leading to the 3 bedrooms, 2 with fitted wardrobes & 1 suite with dressing area. The living/dining area is bright & spacious & the modern, fully fitted & equipped kitchen has top of the range appliances. All rooms have...
Habita International Estates Ltd
Apartment for 800 euro per month in Portimao, Portugal
800 € per month
Apartment in Portimao, Portugal
37 sq.m 1 1
This stunning studio apartment with pool view is available for a minimum of 3 months between November & March. Water & electric is included in the price. For further information on dates, prices & availability (during other times) please contact one of our agents who will be happy to assist you. When you rent this luxurious property during the...
Habita International Estates Ltd

Source: Idealista
Photo by Liam McKay on Unsplash

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Tags: Portugal, Market Analysis, Real Estate, Rent

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