Your daily news portal

Posted by portugalpress on March 23, 2018

It is no surprise that Lisbon is more expensive to live in than any other city or town in Portugal, but new data has shown that renting a house in the Portuguese capital is twice pricier than the national average.

The average rental price of a property per square metre in Lisbon was €9.62 in 2017, way above the national average of €4.39.

The nearby towns of Cascais and Oeiras follow as Portugal’s priciest places to rent a house, costing €8.06 and €7.84 per square metre respectively.

Next on the list is Porto (€6.77), with the Algarve (€4.96) also highlighted as being among the most expensive areas to rent a house.

The data was revealed by the national statistics institute (INE).

michael.bruxo@algarveresident.com

Categories: 

News Stories

Local Algarve League team Silves FC...
Prime Minister António Costa has called...