Written By: Editorial Team Apr 27, 2023 06:30 PM News , Regions & Markets Views : 20

Portugal News: Renting studios in Lisbon is the Most Expensive Option

As per a recent survey conducted by "Housing Anywhere," Lisbon has been identified as the priciest city in Portugal to rent a studio apartment.

In the comparison of Rent Index in Portugal, it has been reported that there has been a whopping 51% surge in studio rental values in Lisbon this quarter, which surpasses all other cities in terms of quarter-on-quarter studio price increments.

On the other hand, Porto has experienced an impressive 20% increase in apartment rental prices, thus maintaining its position as the city with the highest quarter-after-quarter growth in this category.

Despite the soaring rental costs, Lisbon continues to remain a popular destination among young professionals and students, thanks to its lively cultural scene and excellent transportation links.

Via: Portugal News

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