In the month that wraps up the summer and the third quarter of the year, investment was robust, mainly in the residential sector. Housing saw the lion’s share of activity throughout the month of September.
In total, 16,343 new residential builds were licensed.
The real estate investment fund announced the acquisition of its first portfolio in the country.
Rental costs for a newly leased home rose by 11.5% in the second quarter of the year. There were 20,568 new rental contracts in Portugal with an average price of €6.03/m2. The increase was higher than in the previous quarter (+5.3%). The number of new contracts also soared compared to the second quarter of 2020 (+49.3%), when the country was in the depths of the pandemic.