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Portugal house price increases fourth highest in Europe

Portugal house price increases fourth highest in Europe

Portugal was among the countries in Europe which registered the highest house price increases last year.

In Western Europe, it enjoyed the highest price increases (9.3%) equalling both Luxembourg and Holland.

Only property prices in three Eastern European countries outstripped Portugal – Slovenia (18.2%), Lithuania (11.8%) and the Czech Republic (9.9%).

Data by Eurostat revealed that house prices increased by 9.3% in the last quarter of 2018.

Read more in the Algarve Resident