Renting a house was cheaper in nine district capitals during the month of April, compared to the same month last year.
Évora led the decline in prices, with -7.4%, followed by Castelo Branco (-5.5%). Accompanying this drop in prices are Ponta Delgada (-2.5%), Viseu (-2.3%), Braga (-1.8%), Funchal (-1.7%), Setúbal (-1 , 1%), Lisbon (-0.9%) and Porto (-0.2%), according to data advanced this Monday by the portal idealista.
Regarding the quarterly variation, for the whole country, the decrease was 1.4%, according to the idealist’s price index. In annual terms, that is, compared to April last year, the decrease was 7%.
In the analysis by regions, the prices of houses for rent decreased in April, in Alentejo (-3.4%), in the Autonomous Region of Madeira (-1.3%), in the North (-0.7%) and in Metropolitan Area of Lisbon (-0.6%).
On the other hand, it was in the Algarve where prices increased the most, with an increase of 1.8%, followed by the Central area (1.1%) and the Autonomous Region of the Azores (0.5%).
The Metropolitan Area of Lisbon, at 12.5 euros per m2, remains the most expensive region, followed by the Algarve and the North (9.2 euros per m2 in both regions) and the Autonomous Region of Madeira (8.2 euros per m2).
On the opposite side of the table are the Center (6.4 euros per m2), Alentejo (6.8 euros per m2) and the Autonomous Region of the Azores (7.3 euros per m2), which are the cheapest regions.
It should be noted that the ranking of the most expensive districts to rent a house is led by Lisbon (12.8 euros per m2), followed by Porto (9.9 euros per m2), Faro (9.2 euros per m2), Setúbal (8 , 5 euros per m2) and Madeira Island (8.2 euros per m2).
Renting a house on the island of São Miguel costs 7.7 euros per m2, in Coimbra 7 euros per m2, Aveiro 6.9 euros per m2 and Braga 6 euros per m2.
The most economical prices are in Vila Real (4.5 euros per m2), Santarém (4.8 euros per m2), Castelo Branco (4.9 euros per m2), Viseu (5.2 euros per m2), Viana do Castelo (5.5 euros per m2) and Leiria (5.7 euros per m2).