The average sale price of homes in the third quarter of this
year recorded a year-on-year increase of 9.3 percent to €403,340, according to
the imovirtual portal.
The average sale price represented an increase of €34,000,
explains the real estate portal in a statement.
In relation to the previous quarter, the average sale value
of houses also increased (+2.5 percent).
Lisbon, Faro and Madeira, as well as Setúbal and Porto, are
the most expensive districts to buy a house in the third quarter of this year,
but the biggest price increases occurred in Évora and Madeira.
In Germany the house prices fell between 2 and 4 % in Q3 which is the second time in 2022 after Q2. Now they want to tell me that prices in Portugal are still going up? Well maybe stop giving golden visas. The vast majority of people suffer from the real estate boom, only a very selected circle gains on that. The only solution to make Portugal wealthier is increase production of good + sales (exportation) anything else is an ilusion by some politician that are breast feed by the EU which by the way should be rated as criminal organisation (see here some nice Arte Documentaries).
By Fab from Other on 12 Oct 2022, 13:22