According to a study published by the real estate portal, the length of time a property is on the portal before being snapped up depends on the price range of the houses, with 28 percent of the houses rented in less than 24 hours costing less than 750 euros/month, 22 percent between 750 and 1,000 euros/month, 11 percent between 1,000 and 1,500 euros/month and 11 percent costing more than 1,500 euros/month.
"Analysing the seven district capitals with the most houses for rent in the month of October, Braga was the city where the percentage of houses rented in less than 24 hours was highest, reaching 24 percent of the total operations".
Lisbon (18 percent), Coimbra (17 percent), Setúbal (17 percent), and Aveiro (17 percent) follow behind Braga. In Porto, 13 percent of the houses were rented in less than a day, and in Faro, 12 percent were on the market for less than 24 hours.
"The most affordable leases, with prices below €750 per month, concentrate much of the demand, thus marking the highest 'express rental' rates".