Property for rent in Portugal
Do you know what assignment of lease is and in what situations it happens? In today's article for idealista/news by Alerta Deco, the Portuguese Consumer Protection Association, we will explain this topic.
Buying a house will always be cheaper than renting in the long run, wherever it is in Portugal, according to accounts based on data from the National Institute of Statistics (Instituto Nacional de Estatística or INE).
Portugal is in fashion and is increasingly becoming a holiday destination of choice.
Too much demand, too little supply. There are fewer and fewer homes available for rent in Lisbon, a situation that is leading potential tenants to offer 12 months of rent to secure a home.
Anyone who has looked for a rental home at least once in their lives knows that the best deals should be snapped up as soon as they appear.
When planning to rent out a property, the first thing to be done is to improve it with some changes to make it more attractive when put on the market. The more extensive the improvements, the easier it will be to rent at a good price.
Doubting about whether to buy or rent is very common. On one hand, buying a home in Portugal requires a great economic effort, but on the other hand, spending your entire life paying the rent on a house that will never be yours may not be the best option. So how do you decide?
To be or not to be a tenant or a homeowner? That is the question. In Portugal, be a homeowner. In the rest of the world? The same, according to the results of this study by RentCafé. The data shows that just 25.2% of Portuguese people choose to rent.
Whether you’re a tenant who’s just found the perfect place to rent or a landlord who’s renting one out, it’s important to be up to speed on all the aspects of Portuguese rental agreements.