Portugal real estate market: Porto Rental Prices on the Rise, June Data Revealed
Discover the latest data from imovirtual showing an increase in rental values in Porto district, Portugal this June. Stay informed on the current market trends.
The rental market in the Porto district, Portugal saw an increase in average rental values this June, as reported by imovirtual. Renting a house in June 2024 now costs an average of 1,300 euros, marking an 8.33% increase from the previous month, equivalent to 100 euros. Matosinhos stands out as the most expensive municipality for renting a house, although Maia experienced a significant price surge this month, with rents jumping from 900 euros in May to 1,375 euros in June.
On the other hand, the average cost of buying a house in the Porto district, Portugal in June 2024 is 383,700 euros. This figure represents a 2.32% increase from the previous month, rising from 375,000 to 383,700 euros.
The real estate market in the Porto district, Portugal has shown a notable upward trend in both rental and buying prices this June, reflecting a growing demand for housing in the region.
Portugal real estate market: Porto Rental Prices on the Rise, June Data Revealed
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