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Renting speed of houses

In spite of a drop in the rental sector, marked by expensive costs, scant availability, and attractive purchase incentives, certain homes continue to be leased at...

Rental Speed of Properties Explored
Rental Speed of Properties Explored

Renting speed of houses

New data from Idealista, a leading real estate marketplace in Portugal, suggests that more affordable homes are rented faster compared to pricier properties. This trend is primarily due to higher demand at lower price points, making them more accessible to a larger segment of renters.

According to Idealista's Q2 2025 analysis, affordable homes have a quicker rental turnaround because they attract a larger pool of potential tenants, including local residents and newcomers who prioritize cost-efficiency. On the other hand, pricier properties target a narrower market segment, often with more specialized preferences, thus reducing demand volume and slowing rental velocity.

In line with common real estate market dynamics, properties priced within reach of average incomes have higher occupancy rates and shorter vacancy periods. However, a direct excerpt or detailed explanation from Idealista’s Q2 2025 analysis specifically addressing this question was not found in the provided search results.

Regional Analysis

In the Azores, São Miguel Island had the highest share of express rentals, with 13% of homes being rented in under a day. More affordable homes (under €750 per month) were rented even faster, with 13% rented in a single day.

Lisbon and Faro had the lowest share of homes rented in under 24 hours, with just 4% being rented. On the contrary, Beja, Faro, Santarém, and Porto have a higher rental express activity, with 14% of rental properties priced below €750 rented within 24 hours.

In the Algarve region, Faro had 9% of rental properties priced between €750 and €1,000 rented within 24 hours, while Madeira had 5% of rental properties priced between €1,000 and €1,500 rented within the same timeframe.

In Setúbal, 23% of rental properties priced below €750 were rented within 24 hours, and in Aveiro, 17% of rental properties priced below €750 were rented within the same timeframe. Coimbra, Aveiro, Setúbal, and Évora had 6% of homes rented in under 24 hours.

Vila Real and Santarém had 8% of homes rented in under 24 hours, and Madeira had 43% of rental properties priced below €750 rented within 24 hours.

It's essential to note that for rental homes priced between €750 and €1,000, 7% were rented within 24 hours, while for rental properties above €1,500 per month, just 2% were rented within 24 hours.

In conclusion, Idealista's data indicates that more affordable homes in Portugal rent faster compared to pricier properties, reflecting the higher demand at lower price points. While the specific details from Idealista's Q2 2025 analysis are not fully presented in the search results, this pattern aligns well with typical real estate principles and what is commonly observed in rental markets globally. For more detailed or explicit figures from Idealista's Q2 2025 report, consulting their official publication or platform directly would provide the most authoritative insight.

  1. In the Portuguese housing market, more affordable homes (below €750 per month) are rented particularly quickly, such as 23% in Setúbal and even 43% in Madeira within 24 hours, highlighting the strong demand for cost-effective housing.
  2. The first-quarter analysis by Idealista shows that Portugal's finance sector, particularly the real estate sector, reveals a trend where properties priced under €750 have quicker rental turnarounds, indicating a larger pool of potential tenants and a more accessible market.
  3. TheQ2 2025 analysis from Idealista demonstrates that the Portuguese housing-market, in terms of investing in real estate, favors properties priced under €750 per month compared to pricier properties, as they are rented faster due to higher demand at lower price points.

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