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Another Portuguese (dozens of us!) I think a lot of these comments are from people looking for 1 bedroom apartment rentals in Lisbon/Porto. The reality is that
by DoingIsLearning 6y ago
Another Portuguese (dozens of us!) I think a lot of these comments are from people looking for 1 bedroom apartment rentals in Lisbon/Porto.
The reality is that most of the modern real estate in Portugal is bought not rented. We could go into the reasons mostly around Tenant protection laws and landlord taxation but there is little incentive to rent a brand new property.
In practice most of Lisbon and Porto's rental market is pre-1950's or houses from the 1980's construction boom (i.e. low quality construction) with no renovations done.
You can certainly find high-end 1 bedroom apartments but it is a small offering and mostly around financial centre areas.
- wooger 6y agoAirbnb is also a factor, and has for sure removed hundreds of beautiful 1 bedroom flats in central areas from the rental market. I'm not sure of the legal status of airBnB in Portugal, but it could be part of the problem.