Prices for residential real estate in Portugal is steadily growing. Thus, in January 2016, they increased by 3.66% compared to the same period last year, while the average cost per square meter was ˆ 1047. It is reported by the international real estate portal Global Property Guide , citing data from research by the Institute of Statistics Portugal (INE).
So, in the region of Lisbon in January of this year, housing prices rose by 3.69% compared with the same period of 2015, while the average cost per square meter was ˆ 1,266.
Among the cities and regions of the best indicators of the annual price growth showed Barcelos (+ 10.9%). It is followed by Amadora (+ 9.4%), Vila Franca de Xira (+ 7.4%), Porto (+ 7.2%), Odivelas (+ 7%), Maya (+ 7%), Cascais (+ 6.9%), Loures (+ 6.4%), Funchal (+ 6%), Oeiras (+ 5.2%) and Lissbaon (+ 5.2%).
The most modest increase in prices was recorded in Coimbra (+ 4.5%), Leiria (+ 4.2%), Vila Nova de Famalichao (+ 4.1%), Almada (+ 3.9%), Braga (+ 3.7%), Setubal (+ 3.7%), Sintra (+ 3.1%), Seixal (+ 2.9%), Guimaraes (+ 2.2%), in Vila Nova de -Gaye (+ 2.2%) and Matosinhos (+ 0.3%).
For the year to January 2016, prices have remained unchanged in Santa Maria de Feira and decreased by 0.9% in Gondomar.
In general, the price of apartments increased by 3.9% over the period, and villas - by 3.6%.
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