The prices of houses for rent in the Autonomous Region of Madeira rose by 4.4% in September compared to the same month of the previous year.
According to the idealista price index, renting a house in the region had a cost of 13.8 euros per square metre (euros/m2) at the end of September this year, taking into account the median value. The quarterly change was -2.2%.
In Funchal, the rental price stabilized (0.4%) during that period, with the price per square metre standing at 14.2 euros. The quarterly change was 0.6%.
At the national level, the rental price of housing rose 6% in the last twelve months, standing at 16.3 euros/m2.
Samantha Gannon
info at madeira-weekly.com
