Analysis of the lease market 5 years after the first case of COVID-19 shows that the incomes were 43% more expensive.
When a COVID-19 officially arrived in Portugal, in March 2020, in one of the various issues that were speculated, began to be commented that the House prices would stabilize or even go down.
The worldwide crisis was not just health, it was also a lot of an economic crisis. And many Portuguese thought – or wanted – that the new economic scenario would stop the prices of houses.
It didn’t happen. You House prices continued to rise a lotas lace of the houses continued to rise very.
It took stock of income values, 5 years after the start of the pandemic. In this period, the value of Income increased 43%.
In practice, and at the end of March 2025, Each square meter had a medium price of 16.6 euros. A house of only 50m2 It has an “only” income 830 euros; It is practically a minimum wage.
Funchal (+93%), Coimbra (+74%) e Village (+73%) These are the district capitals where houses lace increased from the pandemic.
The only city where income was cheaper and Bragança: A 22% drop in the last five years, a median value of 6 euros/m2. It is the lowest value of the district capital cities.
In medium values, Lisboa It has the most expensive lace: 22 euros/m2. Follow Porto (17,5 euros/m2), Funchal (15,9 euros/m2), Faro (14.2 euros/m2) and Sethubal (12,3 euros/m2).
There is also More houses to lease: 38,184 houses in the first quarter of 2025 – is 72% more than the first trimester of 2020.
Some cities stand out in this climb: Bragança, Vila Real, Viseu, Beja, Porto and Viana do Castelo – In all, the number of houses available more than doubled. Lisbon leads, with more than 10,000 spaces; Following Porto, with more than 5,500 properties in this market.
Even so, there are more houses in the lease market, but Not enough to respond to demand – which increased 81%much because of the arrival of hundreds of thousands of in recent years.
Faro, Ponta Delgada and Funchal are the only capital cities of district that have Less houses to lease what they had at the beginning of COVID-19. These are cities where demand has also increased a lot.
In fact, none of the main cities now have a lower demand than in March 2020.
