The gross profitability of purchasing a house in Portugal to put it on the rental market was 7.3% in the first quarter of 2024, 0.7% above that recorded in the same period of 2023, where it stood at 6.6% %.
However, housing profitability is 0.2 percentage points (pp) lower than that observed in the first quarter of 2019, 7.5%.
According to data from idealista, Castelo Branco is the capital of the district where it is most profitable to buy a house for investment, with a return of around 9.2%. Next are the cities of Santarém (7.9%), Coimbra (7.2%), Leiria (6.6%), Braga (6.2%), Évora (6.1%), Setúbal (6, 1%), Porto (5.8%) and Aveiro (5.4%).
On the other hand, profitability