analytics
Comprar ou arrendar casa: Taxa de esforço das famílias portuguesas aumentou

Buy or rent a house: Effort rate of Portuguese families has increased.

The indicator measuring the effort of Portuguese families to support housing payments was higher in the second quarter of 2024 compared to the same period last year. Read the numbers, then.  

13 Aug 20242 min

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Portuguese effort rate to buy or rent a house increased in the 2nd quarter of 2024.

The effort rate is an indicator used to measure the impact of housing costs on purchasing power of the household. In other words, it measures the weight of housing payments on the family budget.

To rent or buy a house, the effort rate of families increased in the second quarter of 2024, compared to the second quarter of 2023.

According to a study by Idealista, released by Notícias ao Minuto, Portuguese families looking to buy or rent a home currently have to make increasing financial efforts.

Renting a house now requires a greater financial effort compared to last year, increasing from 77% to 82% in the second quarter of 2024, and buying a house is also increasing from 66% to 70% in June this year.  

The cities where families in Portugal made the most effort to rent a house were Lisbon and Funchal, considering that the cities where the effort rate increased the most were Portalegre, Ponta Delgada and Vila Real. On the other hand, the cities where the effort rate to rent a house decreased were Beja, Funchal and Guarda.

To buy a house, the cities that required the highest financial effort were Funchal, Leiria and Bragança, and those that required the lowest effort were Viana do Castelo, Évora and Coimbra.

If you want to buy a house with the lowest installment possible and, consequently, a lower effort rate: Talk to a credit intermediary like Poupança no Minuto to collect different financing proposals from various banks and compare, to hire the most suitable one. The process is free of charge and they take care of everything for you! Simulate now:

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