Lease

Here I address all the news and subjects related to the subject of housing lease: legislation, taxes, investment, etc. The rental market is a growing sector in Portugal in recent years, either through the thawing of rents, or through local leasing.

Updated on: 
11. July 2016

This is related to the ruling issued by the Supreme Court of Justice (STJ), reported today, which cancels the possibility of coexisting, in the same building, permanent and temporary housing . In other words, the Local Lease no longer has a legal framework that supports it, if the property targeted by the AL License does not provide for its use for tourist purposes.

The...

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The answer is not the same for everyone. It is clear that if we analyze only from a financial point of view, comparing the installment to be paid to the bank versus the amount of rent to be paid to the landlord, the conclusion may point to the purchase of the house, to the detriment of the lease option.

Advantages and disadvantages between buying or renting a house

The decision to buy a...

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Lisbon, has long since failed to satisfy the demand for housing and hence the strong registered growth in the price per square meter in the sale and rental of houses. In 2019, the capital had the highest median price of family housing (3,247 € / m2) , among the 7 cities in Portugal with more than 100 thousand inhabitants and recorded a year-on-year growth of + 7.9%...

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The agreement of the Constitutional Court , decided for the unconstitutionality of the rule contained in paragraph 8 of article 1091 of the Civil Code - Right of Preference for Tenants. Among other arguments, the TC concludes that:

This law excessively sacrifices the right to free transferability of the building, without fulfilling the objective of housing stability...

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It is recalled that the neighborhoods of Graça, Santana Hill, Alfama, Bairro Alto, Castelo, Madragoa and Mouraria have been prevented from accepting new Local Lease registrations pending the definition of a new regulation, which has now been published.

This new regulation aims to respond to the growing housing allocation in Lisbon for the Local Leasing activity, creating ...

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Eduardo Jesus, the secretary of state, justified this diploma with the need to “ adjust the accommodation offer, with regard to typologies, reality and market trends ”, as well as simplifying procedures.

The simplification of licensing will be done by reducing deadlines and including new accommodation models such as glamping (luxury...

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The economic activity of renting houses, on a short-term basis, has expanded a lot due to tourist demand, leveraged by the international promotion of regions such as Lisbon, Porto and Algarve. There are those looking for short-term accommodation for holidays, business trips, congresses and conferences, weekend getaways, etc. Some of the driving factors of this type of business are:

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The website www.airbnb.pt, was created in 2008 and allows for easy navigation to search for accommodations in over 34,000 cities and 191 countries. Altogether, this service competing with traditional tourist accommodations, has already provided more than 60 million overnight stays.

Lisbon and Porto, as well as other Portuguese cities, have enthusiastically joined this new business...

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