Deals mediated at Century 21 Portugal exceeded 2.7 billion euros
Between January and December of last year, turnover mediated directly by the Century 21 Portugal network and shared with other operators shot up 41% to 2.7 million euros, “in line with the upward trajectory of the main operational indicators, registered in the last two years”.
The data advanced by the real estate company increased that, despite the slowdown caused by the pandemic, the real estate network’s turnover increased by 57% compared to the previous year and exceeded 76 million euros, in 2021.
In the whole of last year, 16312 real estate sales transactions were carried out on the Century 21 Portugal national network, which represents an increase of 31% compared to the 12492 transactions carried out in 2020. The average value of data transacted on the Century 21 Portugal network recorded a increase of 7% and stood at 168,192 euros, nationally.
According to data from Century21, the homes most sought after by the Portuguese last year continued to be T2 and T3 apartments. In a more detailed analysis of the segment of apartments sold, it appears that in most cities in the Lisbon Metropolitan Area, Porto Metropolitan Area, Algarve and in the main capitals of the district, the average sale value of apartments in 2021 has already exceeded by about 19% compared to the average recorded in 2019, that is, in a pre-pandemic context.
“The increased supply of trading mediums is justified by the high level of demand and the rise in intermediate values, in the medium and low-middle segments”, says Ricardo Sousa, adding that there is “a 21st century challenge” in terms of accessibility. housing, which leaves more and more young people and families unable to buy a home”.
For the official, “the delays in the evolution and delivery of work projects for the medium and medium segments is, of course, a much-desired condition of the market between supply and demand. On the other hand, an international mobility reform made the initiative viable, an initiative by the bank to grant 9, what happened last year with a national power of attorney, what happened last year with a national power of attorney, what happened in the past 20 years a national power of attorney and 20, last year of a power of attorney, which happened in the past 20 years. .
By location, only Matosinhos and Loures have not yet recovered their pre-pandemic values, “but it is expected that average prices will rise this year”.
Lisbon recorded a slight reduction in the average value of an exchange of apartments, 3% in part due to an increase in the average usable area of apartments, which stood at 87m2, 4% less than that recorded in 202”. And a real estate company predicts that a trend of increasing values of real estate districts in 2022 will be led by the municipalities AML and AMP, which currently record average values lower than the remaining region, followed by Aveiro, Braga and Leiria.
The number of leasing operations registered an increase of 51%, following an increasing trend of the previous year. In 2021, 4034 leasing operations were carried out, more than double the 2679 carried out in 2020.
At national level, the average rental value of fixed apartments at 723 euros, an increase of about 5.5% compared to the average of 685 euros recorded in 2020, but still a pandemic below the 747 euros selected in 2019, before the average.
The CEO of Century21 Portugal still has “a smaller housing solution, above all, defends for those with lower economic capacity and opts for supply and demand leasing”, adding that this is “a smaller housing solution, above all, for those who have economic capacity and opts for renting as the alternative, or for a possible housing and housing option”.
And he warns that, “with the expected increase in interest rates and increase in housing terms, a strong increase in demand for rental solutions is expected in the second half of 2022. It is therefore urgent and a priority to combat informality that characterizes the current rental market for this segment to function effectively”.