The average price of a home in Portugal increased by 5.4% in the second quarter of 2016, when compared to the same period last year, according to the latest figures released by the online property information platform Idealista.
Property prices rose across most regions of Portugal during the quarter taking the national average to €1,187sqm (£1,000sqm), led by gains in Lisbon, where the average property rose in value by 6% year-on-year to an average €1,451sqm (£1,222), maintaining its lead as the most expensive part of Portugal. In the smaller Lisbon district itself, prices rose 9.1% to an average of €2,716sqm (£2,287).
The Algarve is the next priciest region, at €1,361sqm (£1,146sqm), following on from a 4% annual increase in Q2.
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