Rental Market in Lisbon and Porto with Price Increases in the 2nd Quarter

Residential rentals in Portugal continue to face pressure, with Lisbon and Porto registering average increases of 6% and 5%, respectively, in the second quarter of 2025. According to a recent report from the National Institute of Statistics, demand remains high, partly due to the difficulty many buyers have had in accessing credit in the last two years and the growing demand for temporary housing by foreign professionals.

In Lisbon, areas such as Arroios, Campo de Ourique, and Parque das Nações are leading the way in property values, with average monthly rents above €1,400 for two-bedroom apartments. In Porto, Cedofeita and Foz do Douro stand out, attracting families and digital nomads seeking quality of life and proximity to the sea.

For homeowners, the outlook is positive, with occupancy rates close to 100% in well-located and renovated properties. However, experts warn of the importance of public policies that balance the market, in order to avoid an unsustainable escalation of prices and guarantee access to housing in the long term.