Renting in Portugal: Everything you need to know

How much is rent in Portugal?
Rent prices in Portugal have been on the rise lately. As of January 2024, they jumped by an impressive 5.9% per square meter compared to the previous year. But don't worry-Portugal still ranks as one of the more budget-friendly spots in Europe. For a one-bedroom apartment in Lisbon, you're looking at around $1,300 a month, while in Zurich, Switzerland, that same place could set you back over $2,000. Keep in mind that rental prices can vary depending on demand, the season, and specific neighborhoods. Generally speaking, rents are higher in city centers and near popular tourist spots.

What additional costs will apply?
Besides paying your monthly rent, you’ll also need to account for a rental deposit, utilities, and internet fees. While some landlords might bundle utility costs into the rent price, that's not very common-especially if your place has air conditioning or heating.

What documents do I need to rent in Portugal?
If you're renting property as a foreigner in Portugal, you'll need to gather a few important documents:

• A passport or another form of ID
• Portuguese fiscal number (Número de Identificação Fiscal or NIF)
• Proof of income (like an employment contract or bank statements)

Students may need their parents or guardians to provide proof of income on their behalf too. Sometimes landlords ask for a guarantor (fiador), especially if they’re not completely happy with your income proof. That guarantor needs to be someone who lives in Portugal, this can be tricky for newcomers who don’t know many locals yet. If you can't find a guarantor, some landlords might request that you pay 6-12 months rent upfront.

Types of property to rent in Portugal:
When it comes to finding a place to live in Portugal, you've got plenty of choices! There’s something for everyone’s taste and budget-especially if you’re looking around cities like Lisbon and Porto.

• Apartments: These are super popular and come in styles from studios to multi-bedroom units. Most are furnished but you might be able to negotiate taking some furniture out if needed.
• Vacation Rentals: Short-term rentals can be great when you're new here and want time to explore different areas before settling down.
• Student Housing: Affordable options near universities often come with shared facilities—a good fit for students watching their wallets.
• Houses: It's tough finding houses for rent right in Lisbon or Porto but there are usually better picks out in suburban or rural areas where you can enjoy more space.
• Flatshares: With rising rental prices across Portugal, many folks are opting for shared apartments-or flatshares-as a way to save money.

How do I find a property to rent in Portugal?
Looking for a rental might feel overwhelming at first but there are some solid ways to make it easier:

Zipple Real Estate Agents: Using an agent can really simplify the process-especially if you're not familiar with the local scene. They help find listings that match your needs and budget while handling viewings and negotiations on your behalf. Sure, there’s usually a fee involved but it can be worth it for all the convenience-and most agents speak English!

How to avoid scams when renting in Portugal:
Rental scams can happen anywhere-including Portugal-but here’s how to protect yourself:
1. Always verify both the property and landlord so you're sure everything's legit.
2. Don't pay any deposits or rent until you've seen the place and signed an actual rental contract.
3. Stick with reputable websites and registered real estate agents.

Tenancy contracts in Portugal:
In Portugal, tenancy agreements are known as contrato de arrendamento-they're legally binding documents that outline what both you and your landlord need to know about your rental arrangement. A typical contract includes:
- Names and IDs of both parties
- Property address
- Rent amount along with payment dates
- Duration of contract

Contracts can either be fixed-term (contrato com prazo certo) or open-ended (contrato por duração indeterminada). Usually, they last at least one year and renew automatically unless either party decides otherwise-with two months' notice required from both sides before ending it.

Tenant laws and rights in Portugal:
The laws here are pretty tenant-friendly! Landlords must give two months’ notice before terminating leases and can only start eviction proceedings after three months of unpaid rent. If renovations are needed on the property, they should help find you alternative accommodation nearby-and if you've shelled out any cash for essential repairs yourself, you're entitled to get reimbursed! Your landlord may keep your deposit only if there's damage done during your stay. For disputes resolution support check out Associação dos Inquilinos e Condóminos do Norte de Portugal. Schedule a call with us! Rent apartment in Portugal with Zipple.