Housing Prices in Lisbon Soared Over the Last 5 Years
The price of new housing in the capital reached €6,718 per square metre in Q3 2021. Rental prices fell to 14.1 euros per square metre after the start of the pandemic.
Housing Rental Prices in Lisbon Fell by 8.8% Last Year
According to data from the big data real estate platform Brainsre, average residential rental prices in Lisbon stood at 14.4 euros per square meter per month.
Prices Fall in Porto’s Parishes
According to data from the big data real estate platform Brainsre, the average price of residential rental housing in Porto stood at 10.2 euros per square meter. The average monthly payment reached 958 euros per month.
The Covid-19 crisis has come at a time when the prices of commercial premises have not yet recovered from the previous recession, the consequences of which lasted for five years.