Rent expected to rise 5.43% next year

  • 5 September, 22

The value of rents is expected to increase 5.43% in 2023, after having risen 0.43% this year, according to inflation figures for the last 12 months until August released by the National Institute of Statistics (INE).

The 5.43% increase in rents in 2023, applicable to both urban and rural areas, follows the 0.43% rise recorded this year, following the 2021 freeze (following the negative variation in the price index ) and increases of 0.51% in 2020, 1.15% in 2019, 1.12% in 2018, 0.54% in 2017 and 0.16% in 2016.

Cre: Portugalnews

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