The price of senior homes has been increasingly increasing and is already in average values between 1,315 and 1,675 euros. Two minimum wages are already required to pay a home.
Os homes are increasingly expensive, with monthly averages between 1,315 euros and 1.675 euros.
The 3rd Portrait of Senior Residences in Portugal, released this Tuesday and carried out by the Via Senior platform and BA&N Research Unit, concluded that the lack of supply and the pressure of demand It is reflected in a “widespread increase in prices with more than 25% of residences to report climbing more than 5%”.
According to a statement, in December 2024, more than 67% of existing units in Portugal have 100% occupancy rates.
According to the study, which covers 2,700 infrastructures that represent more than 105,000 beds, also said that 22.2% had occupancy rates between 91% and 99% and Only 11.1% reported vacancieswith the generality of the occupation being located in the 80%, ”he said.
“Considering the approximately 2.5 million residents in Portugal over 65, The coverage is just over 4%rising to 8.7% if we consider the elderly population over 75 years old, ”they say.
The offer is scarce
According to the study, “demand pressure is reflected in a widespread increase in prices with more than 25% of homes reporting more than 5% climbs ”.
Currently, the average price of accommodation in a home in individual room rounds the 1.675 euroswhile a double room costs 1,375 euros and a triple 1,315 euros. Considering that the national minimum wage was set this year in the 870 eurostwo minimum wages are already needed to pay a room in a home.
According to the same statement, “unable to respond to increased demand due to demographic evolution and increasing average life expectancy, the sector remains under strong pressure with accommodation values also reflect investments associated with improving the services provided to the elderly.”
The study recalled that “the European population continues to grow old at an accelerated pace,” noting that, according to Eurostat data in January 2025, more than one fifth of the European population (21.6%) were 65 years or older.
Portugal occupies the third place in the European Union ranking in terms of the proportion of people over 80just behind Italy and Germany.
