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In the district there was a drop of 4.1 percent, only surpassed by the districts of Castelo Branco (-9.6%), Portalegre (-4.5%), Vila Real (-4.4%) and Évora (-4.3%)
Viseu is among the districts where the price of houses for rent fell in the first quarter of the year. In the district there was a drop of 4.1 percent, only surpassed by the districts of Castelo Branco (-9.6%), Portalegre (-4.5%), Vila Real (-4.4%) and Évora (-4.3%), according to data from the Idealista website, which is dedicated to the real estate market.
On the other hand, prices rose in Beja (12.6%), Braga (7%), Coimbra (5%), Lisbon (2.5%), Santarém (1.7%) and Aveiro (1.4% ). In Porto (0.2%) and Leiria (0.1%) prices remained stable during this period.
In March, the rental value per m2 in the district was 7.1 euros, in December 2023 it was 7.4 €/m2. The list of the most “economic” districts to rent in the first quarter of this year is led by Portalegre (5.8 euros/m2), followed by Vila Real (5.9 euros/m2), Castelo Branco (6.8 euros/m2 ), Viseu (7.1 euros/m2), Santarém (7.5 euros/m2), Viana do Castelo (8.2 euros/m2) and São Miguel island (8.5 euros/m2).
The ranking of the most expensive districts to rent a house is led by Lisbon (19.6 euros/m2), followed by Porto (15.1 euros/m2), Madeira Island (13.4 euros/m2), Faro (13 .4 euros/m2), Setúbal (12.6 euros/m2), Coimbra (10.3 euros/m2), Beja (10.2 euros/m2), Évora (9.9 euros/m2), Aveiro (9 .4 euros/m2), Leiria (9.3 euros/m2) and Braga (9.1 euros/m2).
With regard to regions, the Lisbon Metropolitan Area, with 18.9 euros/m2, continues to be the most expensive region, followed by the North (13.8 euros/m2), Algarve (13.4 euros/m2) and Autonomous Region of Madeira (13.3 euros/m2). On the opposite side of the table are the Autonomous Region of the Azores (8.7 euros/m2), Centro (9.1 euros/m2) and Alentejo (10 euros/m2), which are the cheapest regions.
According to Idealista, “to create the idealista property price index, the offer prices (based on built square meters) published by idealista advertisers are analyzed. Atypical advertisements and those with out-of-market prices are eliminated from the statistics. “.
“We also included the typology “single-family houses” and discarded all advertisements that are in our database and that have not been interacted with by users for some time. The final result is obtained through the median of all valid advertisements of each market”, they add.
