Rent house in the Algarve rose almost 60%. The region is pointed out as the third most expensive in the country for the purchase of housing. Data explaining the increase in illegal houses on agricultural land and the growing despair of many families. See here the special report.
The Algarve is the region of the country that, according to the latest censuses, has the highest national demographic growth and where almost 40% of the country’s local accommodation are concentrated.
But houses available outside the tourist market are less and more expensive.
An analysis of the imovirtual real estate portal indicates that, within one year, the average value of the lease in the Algarve more than doubled And the market trend has always been up.
Even the option of renting a room Already start to be impractical in many points of the Algarve.
With the average rent of an T2 in the Algarve well above the national minimum wageReports of two or three households obliged to rent a joint house to endure expenses, children to return to their parents, people pushed out of the region and even rent their own home to ensure the payment of bank loans.
“Algarve, a place to live” is to see in full.
Data Sheet:
- Journalist: Conceição Ribeiro
- Image and Edition: RICARDO BRUNO SOARES
- Graphic: Isabel Cruz
