There is more offer, and this can translate into more “attractive” prices in the capital. The secret may be in the descent of interest, new enterprises and greater profitability of housing.
According to a platform report, there is another 41% offer of houses to lease in the capital. The idealist paints an even more positive scenario: an increase of 72% in the municipality of Lisbon and 58% throughout the district, according to.
The result? In the last four months of 2024 lace in Lisbon fell 2.7% compared to the previous quarter.
Ricardo Guimarãesdirector of the Real Estate Confidential, explains to CNN that, since “nothing has changed from a legislative point of view or legal framework in the market”, which can justify this increase in the number of housing available is that the business is “most attractive“. This is because “in many geographies, such as the historic center, it is more profitable to have the housing house than, for example, in local accommodation.”
But beyond the market itself, there are other factors at stake for the existence of more houses to lease. “The lease activity in Lisbon registered a contraction in the middle of last year, something that can be explained so much by New stimuli for home purchasesuch as the fall of interest or the exemption of young IMT, ”explains the expert.
But there are other possible causes. One is that the digital nomads, which see so much in Portugal a cheap and calm place to live, may be moving to other countries and leaving empty houses they occupied.
Also the Urban Exodus Of the Portuguese themselves, who exchange the capital to the quieter and more economic peripheries, may be leaving some housing vacancies.
The economist Vera Gouveia Barros also points out other possible factors, from the non -renewal of lease to the “fact that interest rates have downloaded And some people have tried to go to the purchase option, ”which leads them to rent.
According to the idealist, the increase in supply phenomenon extends to the entire country, with the fourth quarter of 2024 to register a 59% rise in the number of houses available to lease. The increase is particularly notorious in Aveiro (111%) and Braga (80%).
