Property for rent in Portugal
Renting a property in Portugal is no longer as quick. There are now fewer homes advertised that take between 1 and 6 days to find a tenant. In February 2020, around 43% of homes put up for rent in Portugal remained on the market for less than 7 days.
Milan is the capital of Southern Europe where the effort rate of families to pay the rent of a house is the highest: 42,6%. A figure higher than that registered, for example, in Madrid (36.3%) and Lisbon (35.8%). Another Portuguese city, Setúbal, is in second place in this ranking (40.6%).
Rental prices in Portugal continue to rise in Portugal in 2021 in spite of the COVID-19 pandemic, although at a slower pace than in recent months. How much does it cost to rent a house in the country's two main cities? What are the cheapest and most expensive areas to rent in Lisbon and Porto?
The price of houses for rent has been falling in Portugal during the pandemic, with a 3% drop in average national terms over the last year.
In the midst of the COVID-19 pandemic, how is the rental market in Portugal behaving in terms of prices? At the start of 2021, rental prices in Portugal fell 0.4% in January, settling at 11.2 euros per m2.
With the recent worsening of the COVID-19 pandemic, the Government in Portugal has announced that it will broaden the criteria for allocating support to renters who need assistance in 2021 due to the COVID-19 pandemic after losing income.
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.
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.
The Portuguese government has decided once again to extend the law that bans the termination of rental contracts which are due to expire to continue to protect families during the coronavirus pandemic in Portugal.
The rental market seems to be gaining popularity in Portugal, with more and more people choosing to rent rather than buy.
How much does it cost to rent a house in the cheapest municipality of Portugal? And the most expensive?
Renting a room in Portugal is no longer a trend that is exclusively linked students.