The stimulation of the rental market in Portugal is still in the Government's sights, which has in mind the creation of a mechanism of support to rents for young workers in the country.
When looking for a house to rent in Portugal, there are several factors to take into account: location, space, price, but also the conditions offered. One of the main things to consider is the question of furniture.
Having a property by the beach is, increasingly, the decision of those who decide to buy a property in Portugal, both for Portuguese families and foreign investors.
A heat wave has invaded Portugal in recent days, highlighting how important it is to live in energy-efficient homes. And not only that: it has also shown how air conditioning can be a great ally to escape the hottest days of the summer.
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.
In the current climate of rising interest rates and changing mortgage conditions, many people prefer to rent property instead of buying, not to mention the significant sum of money that in many cases has to be paid up front as a deposit and that many struggle to afford.
In Portugal, things tend to cool down during autumn and winter. However, in the case of the Portuguese rental market, things really started to heat up at the end of 2021.
In Portugal, there is a shortage of houses for rent in the residential market. As a result of high demand, properties across Portugal are only on the market for a short time. To be precise, about 30% of the houses rented in February via idealista were on the Portuguese market less than a week.
The Alentejo Science and Technology Park (PACT), based in Évora, wants to attract digital nomads to the region, betting on the "fantastic conditions" of the area and the opportunities created by the Covid-19 pandemic. "We are launching a strategy to attract digital nomads to the Alentejo".
Rental housing is a market that is staying buoyant, even in pandemic times. More and more families are renting their homes in Portugal. The price of houses for rent is showing signs of growth. Rental subsidies continue at a good pace, although they do not reach all families.
Housing rental prices in Portugal are set to rise again in 2022, after remaining unchanged in 2021, but after rising between 2016 and 2020. This, however, will be a slight increase, bearing in mind that, excluding housing, the inflation rate was 0.29% in July.
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.
1st July 2021 should have marked the end of the rental support scheme managed by the Institute of Housing and Urban Rehabilitation in Portugal (IHRU), the scheme providing aid to those people renting property in Portugal who have run into difficulties due to the coronavirus crisis.
To buy or rent a house, that is the question? This is, undoubtedly, one of the biggest questions that many people face when it's time to move to Portugal.
Whether you live in Portugal and want to move house, or whether you're planning on moving to Portugal, many people will be asking the same question. Is it better to buy or rent property in Portugal in 2021? Is borrowing money from the bank to buy a house the best option during a pande
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.
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.
In Portugal, many people choose a rent-to-buy lease option because of
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.
Moving to Portugal is both exciting and daunting, and one of the biggest questions that arises amongst expats is whether to buy or rent property in Portugal.
The Portuguese Government has revealed that it wants to create a pool with currently vacant (or available) properties across the country, that will be turned into affordable rental housing.