39
39

Rental Costs Expected to Increase by 1.15% in 2019

18 December 2018

Rental costs are expected to increase by 1.15% in 2019, up from 1.12% this year, the highest level since 2013, according to inflation figures for the 12 months up to August as released by the National Statistical Institute (INE).

According to figures published by the institute, in the 12 months up to August, the price index excluding housing rose by 1.15%. The index is the Regime (NRAU). The increase would raise rental costs by 1.15 euros for every 100 euros paid in rent.

The increase in 2019, which applies to both urban and rural areas, follows the 1.12% increase in 2018, the 0.54% increase in 2017 and the 0.16% rise in 2016.

Original Story: Diário Imobiliário / Lusa

Translation: Richard Turner