The price of property in Portugal, both for buying or renting a house has skyrocketed over the last ten years, rising by over 40% and 20% for buying and renting respectively between 2010 and the third quarter of 2020, a period already marked by the emergence of the COVID-19 pandemic.
Buying a house is never an easy decision, and if you're not yet ready to take the big step of buying property in Portugal, a lease option could just be the perfect chance to get a taste of your future home before you invest.
The Portuguese Algarve can be one of most touristy areas in Europe, but at the same time, it has a traditional past related to the art of fishing and is home to several quaint fishing villages and small towns.
The compulsory use of face masks in Portugal has been in place in the country since April 2020, and must be used in all public spaces, including public transport, show grounds, commercial spaces, public roads and workplaces.
The Algarve continues to attract expats from all over the world to its charming villages and beautiful coastline. This modern, elegant villa located in an exclusive area of Vilamoura is the perfect place to enjoy Portugal's southernmost region.
There is more help on the way for renters in Portugal in 2021, as MPs have approved the extension of the exceptional regime for late payment of rent in the housing market due to the COVID-19 pandemic where residential tenants get assistance with the rent they have to pay.