- \n
- Headline numbers:
Average property sale prices +5.79% (YoY) compared to October 2019.
Average property sale prices +1.12% (MoM) compared to September 2020.
Average rental prices -10% (YoY) compared to October 2019.
Average rental prices +1.65% (MoM) compared to September 2020.<\/li>\n - The average rental price of property listed on the Imovirtual website in October 2020 was 1,045\u20ac, marking an increase of 1.65% compared to the previous month (September 2020), breaking the previous downward trend of the last couple of months but still down on the same month last year.<\/li>\n
- The average sale price of property listed on the Imovirtual website in October 2020 was 342,621\u20ac, marking an increase of 1.12% compared to the previous month (September 2020), and an increase of 5.79% compared to the same month last year (October 2019).<\/li>\n
- Lisbon, Faro, Regi\u00e3o Aut\u00f3noma da Madeira, and Porto remain the most expensive districts to buy a property with an average listing costing 540,200\u20ac, 454,659\u20ac, 327,393\u20ac and 306,982\u20ac respectively.<\/li>\n
- Lisbon saw an increase in rental prices compared to the previous month (September 2020), with 1.29%. This could suggest that some districts in Portugal have the ability to make a comeback despite this years’ Covid crisis, mainly after the summer months.<\/li>\n<\/ul>\n
Monthly Variation: October 2020 VS September 2020<\/strong><\/h2>\n<\/p>\n
Sale | Properties announced <\/strong><\/h3>\n
The average price of properties announced on Imovirtual for sale in Portugal was 342,621\u20ac in October 2020, thus seeing a slight increase of 1.12% compared to the previous month which registered an average price of 338,826\u20ac.<\/p>\n
In October, the district that showed the largest increase in percentage price variation compared to September was Regi\u00e3o Aut\u00f3noma da Madeira<\/strong> with a 3.52% increase, with 316,257\u20ac in September and 327,393\u20ac in October.<\/p>\n
The most expensive district to buy a property in Portugal is still Lisbon<\/strong>, with property costing on average 540,200\u20ac. Compared to the previous month the average sale price increased by 1.15%. The other three most expensive districts to buy a property are Faro<\/strong>, Regi\u00e3o Aut\u00f3noma da Madeira<\/strong>, and Porto<\/strong> with an increase in the average sales price, 2.60%, 3.52%, and 0.78% respectively.<\/p>\n
The four districts that stand out for the lowest average property sales prices were Portalegre (110,803\u20ac), Guarda (121,193\u20ac), Castelo Branco (122,531\u20ac), and Beja (135,346\u20ac). Portalegre was the district with the highest percentage drop in the average price compared to September of -5.28%.<\/p>\n
![\"\"](\"https:\/\/www.imovirtual.com\/noticias\/wp-content\/uploads\/2022\/11\/5567076a-7b64-4a4f-86f0-525e010b51d3_tab1-en.png\")
<\/p>\n![\"\"](\"https:\/\/www.imovirtual.com\/noticias\/wp-content\/uploads\/2022\/11\/cfed2639-39fc-4dd6-8df6-756e890cfdb3_tab2-en.png\")
<\/p>\n![\"\"](\"https:\/\/www.imovirtual.com\/noticias\/wp-content\/uploads\/2022\/11\/5269a32b-937a-49ff-9c36-c9134ce187af_tab3-en.png\")
<\/p>\nRent | Properties announced <\/strong><\/h3>\n<\/p>\n
In Portugal, the average price of properties advertised on Imovirtual in the rental segment increased slightly by 1.65%, breaking previous downward trends, from 1,028\u20ac in September to 1,045\u20ac in October.<\/p>\n
Portalegre<\/strong> is the district with the highest percentage growth of 9%, compared to September, rising from 314\u20ac to 342\u20ac. Contrary to Portalegre, Bragan\u00e7a<\/strong> shows a percentage drop in the average property price with -1%.<\/p>\n
Lisbon<\/strong> continues to lead the top of the most expensive districts for renting a property, with an average rent of 1,339\u20ac. Compared to September there was a slight growth of 1.29%, from 1,322\u20ac in September to 1,339\u20ac in October. The districts Porto<\/strong>, Set\u00fabal<\/strong>, and Faro<\/strong> are also the most expensive to rent a property with an increase in the average price announced in October, except for Porto<\/strong> who saw a decrease in the average price (-0.11%) from 949\u20ac in September to 948\u20ac in October.<\/p>\n
The districts that in August presented a lower average price were Portalegre<\/strong>, Guarda<\/strong>, Bragan\u00e7a<\/strong>, and Castelo Branco<\/strong>, with 342\u20ac, 345\u20ac, 362\u20ac, and 402\u20ac respectively.<\/p>\n
![\"\"](\"https:\/\/www.imovirtual.com\/noticias\/wp-content\/uploads\/2022\/11\/d5d65e53-216e-4674-8999-a3176abda27a_tab4-en-1.png\")
<\/p>\n![\"\"](\"https:\/\/www.imovirtual.com\/noticias\/wp-content\/uploads\/2022\/11\/5730b0b2-f5d7-4b1c-9b0d-40b0b627299b_tab5-en-1.png\")
<\/p>\n![\"\"](\"https:\/\/www.imovirtual.com\/noticias\/wp-content\/uploads\/2022\/11\/148f188d-700e-4d02-9975-a3bfd7c6c4a7_tab6-en-1.png\")
<\/p>\nAnnual Variation: October 2019 VS October 2020<\/strong><\/h2>\n
For a better analysis of the evolution of average prices, it is important to compare two homologous periods in consecutive years with a quite distinct social reality to understand the felt impact.<\/p>\n<\/p>\n
Sale | Properties announced <\/strong><\/h3>\n
Comparing the average prices of property advertisements on Imovirtual in October 2020 with the same period in the previous year, there was an increase of 5.79%, rising from 323,866\u20ac to 342,621\u20ac. <\/p>\n
The district with the highest percentage variation was \u00c9vora<\/strong> (14.41%), with the average price rising from 169,463\u20ac in the same period of the previous year to 193,889\u20ac in 2020, a difference of 24,426\u20ac. Portalegre<\/strong> remains the cheapest district to buy a property, with the average price of properties announced in October 2020 being 110,803\u20ac. <\/p>\n
Thus, Portalegre<\/strong> is one of the districts with the highest percentage drop in the period considered with -22.66% (from 143,260\u20ac in 2019 and 110,803\u20ac in 2020).<\/p>\n
![\"\"](\"https:\/\/www.imovirtual.com\/noticias\/wp-content\/uploads\/2022\/11\/48b2e73b-7182-4fc9-96d7-d3be9809daf9_graf1-en.png\")
<\/p>\nRentals | Properties announced <\/strong><\/h3>\n
In the rental segment, rental prices have decreased since 2019, with a percentage decrease of -10%, comparing the average prices announced for October 2020 (1,045\u20ac) with the same period of the previous year (1,157\u20ac).<\/p>\n
The districts with the largest percentage drop were Bragan\u00e7a<\/strong> with -29.02% (from 510\u20ac to 362\u20ac), Porto<\/strong> with -13.58% (from 1,097\u20ac to 948\u20ac), Lisbon <\/strong>with -11.15% (from 1,507\u20ac to 1,339\u20ac), and Regi\u00e3o Aut\u00f3noma da Madeira <\/strong>with -10.29% (from 875\u20ac to 785\u20ac).<\/p>\n
Contrary to these decreases, Beja<\/strong> recorded the highest percentage increase of 25.22% in the average price announced, moving the average monthly rent from 448\u20ac to 561\u20ac in October 2020, but doesn\u2019t include the most expensive districts to rent.<\/p>\n
The average price of advertisements for rent in Portugal has fallen sharply since January 2020 and has remained throughout the rest of the period, analyzing a constant pace with slight fluctuations. However, from April onwards the trend started to become more pronounced and has continued to the present day.<\/p>\n
![\"\"](\"https:\/\/www.imovirtual.com\/noticias\/wp-content\/uploads\/2022\/11\/458eff44-6466-4c2f-8a58-b8bbff17ba55_graf2-en.png\")
<\/p>\n<\/p>\nUltima actualiza\u00e7\u00e3o:<\/strong> 05 novembro 2020<\/div>\n","protected":false},"excerpt":{"rendered":"Summary Headline numbers:Average property sale prices +5.79% (YoY) compared to October 2019.Average property sale prices +1.12% (MoM) compared to September 2020.Average rental prices -10% (YoY) compared to October 2019.Average rental prices +1.65% (MoM) compared to September 2020. The average rental price of property listed on the Imovirtual website in October 2020 was 1,045\u20ac, marking an …<\/p>\n","protected":false},"author":3,"featured_media":4420,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-4417","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-relatorio-de-precos"],"_links":{"self":[{"href":"https:\/\/www.imovirtual.com\/noticias\/wp-json\/wp\/v2\/posts\/4417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.imovirtual.com\/noticias\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.imovirtual.com\/noticias\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.imovirtual.com\/noticias\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.imovirtual.com\/noticias\/wp-json\/wp\/v2\/comments?post=4417"}],"version-history":[{"count":0,"href":"https:\/\/www.imovirtual.com\/noticias\/wp-json\/wp\/v2\/posts\/4417\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.imovirtual.com\/noticias\/wp-json\/wp\/v2\/media\/4420"}],"wp:attachment":[{"href":"https:\/\/www.imovirtual.com\/noticias\/wp-json\/wp\/v2\/media?parent=4417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.imovirtual.com\/noticias\/wp-json\/wp\/v2\/categories?post=4417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.imovirtual.com\/noticias\/wp-json\/wp\/v2\/tags?post=4417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}