Many expats who wish to start a new life in Portugal first look at renting a home. Some of them want to learn more about this country before making a decision, while others need a place to stay before they buy their own home. Renting a house or apartment in Portugal can be challenging. From luxury villas and farmhouses to modern condominiums and seaside apartments, there are plenty of options to choose from.
Property rentals in Portugal can be long term or short term. You can rent a house or apartment for a few days, weeks, months, or years. Properties can be found in the classified section of the newspapers such as the Algarve Resident, the Diário de Notícias, and the Publico, as well as online. There are hundreds of real estate agencies that offer holiday rental and long term rental.
If you are looking for short term rentals, you can easily find flats and houses of all sizes. The properties available for short term rental are usually furnished and have everything you need to move in right away. Their price increased greatly in the summer season. In case you want to rent a property in Portugal for a few months, it is necessary to sign a contract and pay one month’s rent in advance. Electricity is usually metered on arrival and paid separately.
Many properties can be rent on long term. Some are fully furnished (mobilado or com móveis), while others have little or no furniture (sem móveis). Prices depend on the number of rooms and quality of property. Outside of the main cities of Porto and Lisbon, you will find that nobody asks tenants for references or credit checks. Many expats who move here are surprised with the lack of formality involved.
Contracts are typically for one year and renewable by mutual agreement between the tenant and landlord. Rentals longer than one year are difficult to find in the Algarve and other resort areas. The contract may be terminated by the landlord if the building is used for illegal practices, or the tenant sub-lets the property without the landlord’s permission. The owner of the building may also give notice if he needs the premises for himself or intends to undertake major construction work.
The Portuguese law stipulates that tenants can require the landlord make repairs if the property is in poor condition. According to the Incentivo ao Arrendamento por Jovens, people under 30 who have paid their taxes are entitled to a grant from the state to pay their rent.