Wednesday , June 7 2023

Lisbon city rents up to 8 years | Property Management


In the second quarter of this year, the rent increase rate in Lisbon decreased by 20% from the previous quarter to 17% from the same period last year. According to the income index Confidencial residential housing in Imobiliário, today announced.

In the second quarter of this year, Lisbon City's household income rose 1.8 percent year-on-year, "confirming a slowdown in quarterly growth at the end of last year."

The increase in quarterly rents of capital increased from 7.4% in the fourth quarter of 2017 to 4.6% in the first quarter of this year, registering a current 1.8%. The quarterly economic slowdown has already been considerable, but it is affecting earnings at the same level as growth slowed down. "

8 digits are increased to two digits.

"Nevertheless, Confidencial Imobiliário said," Lisbon's housing income is the eighth quarter of the previous year's double-digit growth, with the biggest growth rate of 22% in the second quarter of 2017, "said Confidencial Imobiliário.

In this sense, the residual income index data suggests that "the path of intensive growth over the last two years is the highest level of income in eight years, 38% below the level observed in 2010" "He said.[Inthesecondquarterof2013[nosegundotrimestrede2013penúltimoanodavigênciada[2013년2/4분기에[nosegundotrimestrede2013penúltimoanodavigênciadatroika], "The present moment has already recovered 71%."

Contagion effect on neighboring cities

In other counties of Greater Lisbon, housing rents grew by 14% in the second quarter of the year and third quarter, "similar to the previous quarter."

"The impact of capital lease performance on the rest of the region began to be particularly noticeable last year, and the housing income index has changed from 12 percent to 14 percent over the last five quarters," said Confidencial Imobiliário.

Based on this index, which accompanied the evolution of contracted housing income since 2010, housing income in the Portuguese continent increased by 11.2% year-on-year to "a 1.8% decline" in the previous quarter, compared to the same quarter last year.

Quarterly earnings in Portuguese mainland rose 2.4 percent in April, May and June this year, down from 3.6 percent in the first quarter of this year.

According to Confidencial Imobiliário, residential earnings in the Portuguese mainland are "double-digit" in the second quarter of last year, with the exception of the 9% increase in the third quarter of the third quarter of 2017, 10 percent to 13 percent, "he said.

Source link