How to rent a property in Portugal, via an Estate Agent, an agent who specializes in overseas property, or if renting a property direct from the owner.
Here are some things to consider when renting a property in Portugal:
Finding a home, apartment or villa to rent.
Owners or agent can advertise their properties in locally, or on "for rent websites", especially international property listing sites like Idealista, that provide rental options. By advertising locally, nationally, and internationally the owner or agent of the property or properties will increase their opportunities.
Contact local real estate agencies, or look for properties on social media.
If buying as a foreigner, you'll need to provide a passport for identification. You'll also need proof of income and a bank account in Portugal.
Understand the rental contract, and use a local rental agency or estate agent to assist.
Find out how to list a property in Portugal for rent .
Portugal is known for its mild climate, 300+ days of sunshine in some regions, excellent food and wine, and a relaxed lifestyle, plus Portugal is know for safety, good healthcare systems.
Buyers and investors look towards areas such as Lisbon with luxury apartments modern luxury condos, and waterfront living, Cascais & Estoril, coastal towns near Lisbon with luxury villas and golf resorts, and the Algarve with its golden beaches, golf, and gated luxury communities.
In addition Porto & Douro Valley as a growing luxury market, and Comporta & Melides attracting ultra-high-net-worth buyers for luxury properties.
Portugal luxury property investment and personal use properties is an attractive option due to Portugal being a stable EU and Eurozone member, supporting property ownership security, and there are no restrictions on foreign buyers, with ownership laws being transparent.
Prices tend to be lower than in France, Spain, or Italy, while still offering world-class locations and lifestyle, so buying luxury property in Portugal is attractive for investors seeking rental income, owners looking for lifestyle benefits, the EU security, and long-term appreciation for a permanent residence, or as an investment.
