Are you thinking of moving to Portugal in 2022? If a new life in the Algarve is on your radar, look no further, as your new place in the sun could become a reality sooner rather than later, with our selection of over 300 houses and flats for rent in the Algarve from 400 euros. Long-term rentals in the Algarve in the Faro province are a great way to move to Portugal quickly and without having to commit to the life changing decision of buying property abroad.
Rental prices in Portugal are on the rise in 2022, but there are still deals to be found with property for rent at good prices. This is especially true outside the main tourist areas and slightly further from the coast, where the cheapest houses in the Algarve can be found.
So, if you are looking for a cheap flat in Portugal, or a luxury villa with a terrace to enjoy the summer afternoons, maybe even a pool, this is your chance. And don't worry if you want to bring your furry friend along, as many rentals in Portugal are also pet friendly. Renting property in Portugal as a foreigner is also fairly straightforward, meaning it's time to start your search for your new home in the Algarve today.
Long term rentals in the Algarve from 400 euros
Renting a house: these are the 10 cheapest towns in Portugal
Renting a house in Portugal continues to be an option for many households, given the flexibility it presents, along with the lower initial investment required compared to purchasing a home. However, rental prices continue to become much more expensive in large urban centers, putting pressure on salaries.
Group found scamming foreigners in Porto with false leases
12 people were arrested in Greater Porto on suspicion of scamming hundreds of foreigners in a fictitious rental scheme, in which, posing as property owners, they requested a deposit that could reach 2,400 euros.
Rental prices rose 5.9% per m2 in Portugal in January 2024
Portugal is mired in a housing crisis, with house prices, both for buying and renting, remaining high. Increasing supply is the solution put forward by many players in the property sector, but there are several challenges to overcome along the way. The most recent data from the National Statistics Institute in Portugal (INE) confirms that, in the case of rentals, the amount charged by landlords to tenants has skyrocketed, with rent increasing by 5.9% per square metre (m2) year-on-year in January
The "1st multi-purpose residential platform in Europe" starts up in Portugal
It is called Joivy and is defined as "the first multi-purpose residential platform in Europe that combines long and short-term residential solutions with a wide range of services for owners and investors". These services include comprehensive asset management, design and construction services and support for property investments, for example.
LA: only 13% of homeowners consider putting houses on the traditional market
The incentive to change Local Accommodation (LA) houses to traditional rentals is one of the measures provided for in the controversial Mais Habitação (More Housing) programme, which was vetoed by the President of the Republic and will be reconsidered in Parliament on 21 September 2023. The truth is that only 13% of LA owners admit to doing so, according to a study carried out by Nova SBE at the request of the Association of Local Accommodation in Portugal (ALEP) and released this Tuesday
High rents keep nomads away from Lisbon - Dubai is now the destination of choice
Dubai has become the best destination for digital nomads, according to an annual study by property consultancy Savills. The city in the United Arab Emirates managed to overtake Lisbon, last year's leader in the ranking, which has since fallen to 5th place. Access to housing in the Portuguese capital may be driving away remote workers.
Renting a room: everything you need to know
The first step towards an adult life of independence and maturity. With the expansion of the real estate sector and the wide range of rooms for rent in urban centres, it is essential to know all the necessary steps to rent a room without any problems so that everything goes smoothly.