The median value of new rental contracts in Portugal rose by 9.1% year-on-year during the first three months of 2026, reaching 9.46 euros per square meter. Experts warn that population growth may be exacerbating the housing deficit, which is estimated to be near 300,000 homes, amid concerns over overcrowding and illegal rentals.
New rental contracts see 9.1% price increase
Saturday, 27 June 2026AI summary
Context & Explainers
The housing deficit (défice habitacional) refers to the gap between the number of available, affordable homes and the actual demand from the population. In Portugal, this issue is driven by limited new construction and rising demand, which has contributed to significant increases in rental prices and property values across major cities.
