In the third quarter of 2017, prices rose 10.4%. The pressure exerted by the tourist activity and the attraction of national and international investors and speculators, with investment capacity impossible to follow by the great majority of the current residents, dictate this rise.
According to Eurostat, house prices increased in the third quarter of 2017 by 4.1% in the Euro Zone and 4.6% in the European Union (EU) compared to the same period in 2016. Portugal registered the third increase of 10.4% among the Member States. The Czech Republic led the table with 12.3%.
Read more (in portuguese): Portugal with the second highest increase in house prices in the Euro Zone