"Some measures implemented in housing appear to be having an impact on the rental market, with a significant increase in the supply of houses for rent in Portugal. (...) However, despite the current increase in supply, prices remain high and outside the reach of the majority of Portuguese people", says Ruben Marques, in a report by Notícias ao Minuto.
According to data from the real estate platform, the supply of housing available for rent in Portugal rose in 15 district capitals last year.
"Topping the list is Viseu (115%), Porto (113%), Braga (85%), Lisbon (63%), Castelo Branco (53%) and Guarda (50%) as the district capitals where 'stock' for renting a house increased the most. Followed by Setúbal (49%), Viana do Castelo (46%), Portalegre (40%), Santarém (39%), Aveiro (37%), Coimbra (35%), Leiria (32%), Évora (22%) and Vila Real (18%)".
On the opposite side, Bragança was the city where supply decreased the most (-16%), followed by Ponta Delgada (-13%), Funchal (-8%) and Faro (-1%).