Portugal reports 4th highest rise in house prices by March

By March, Portugal recorded the fourth highest increase in house prices globally, according to data from Knight Frank's "Global House Price Index."

The study indicates that housing prices in Portugal rose by 16.5% in the first quarter compared to the previous year, representing a significant nominal appreciation.

With this growth, Portugal positions itself as one of the strongest residential markets, standing out among 55 analyzed countries.

In addition to nominal appreciation, the reported real annual growth is 13.4%, consolidating the upward price trend in the Portuguese real estate sector.

According to the report, this appreciation places Portugal among the market leaders in terms of price growth, reflecting the country's attractiveness for residential investments.

Comparing with other markets highlights not only the robustness of the housing sector in Portugal but also the increasing demand for properties in the country.