This is one of the conclusions of the latest Residential Market Report from CASAFARI, the largest real estate database across +20 countries globally. According to the statistics, the Portuguese capital saw an increase of 5,4% in the asking price of properties, while rents skyrocketed with a positive variation of 23.2%.
The report analysed data from the months of June to August 2022 and took a deep dive into 5 European cities: Lisbon, Madrid, Barcelona, Paris, Milan.
The statistics show:
- the average price per m2, both for sale and rent,
- supply and demand in the listings inside CASAFARI,
- residential properties, from studios to 3 bedrooms.
“Considering the increase in rents and the potential destabilisation of sale prices, it seems to be a great time for investors in this asset class, which is seen as a safe and very attractive investment in these turbulent times”.
Juan Ruiz, Senior Transaction Specialist at CASAFARI
