Moving to Portugal can be an exciting yet challenging experience, especially when navigating the country’s rental market. With 300 days of sunshine, a welcoming community, and diverse landscapes, Portugal is an attractive destination for many. However, questions such as “What is the rental culture like?” “How much does rent cost?” and “Where should I live?” are common for those new to the country.
Rental Market Overview
In Portugal, rental prices have seen an increase, with the average price per square meter now at just over €16. This is a 7% rise compared to September 2023 and 40% more than in July 2022. Popular cities like Lisbon, Porto, and the Algarve are the most expensive areas to rent, while rural areas tend to be more affordable.
Types of Properties Available
The rental market in Portugal offers a wide range of properties, from houses with gardens to smaller apartments in both urban and rural settings. The majority of rentals are furnished, and landlords typically do not offer to remove furniture from the property.
Where to Find Rental Properties
When looking for a rental, you can either browse through popular online property portals or work with a reputable real estate agency. Some of the top property websites and agencies in Portugal include:
- ReMax
- Spotahome
- Custojusto
- Century21
- Imovirtual
- Idealista
- ERA Imobiliária
These platforms offer a range of listings to suit different preferences and budgets, helping you find a home that matches your needs. Whether you’re searching for a trendy apartment in Lisbon or a house in the scenic countryside, these resources will guide you in your search for the perfect place to live in Portugal.
By understanding the rental market, knowing where to search, and choosing the right platform or agency, finding a home in Portugal can be a smooth and rewarding process.