Introduction

Welcome to our guide on how to find long-term accommodation in the beautiful city of Lisbon, Portugal. With its rich history, vibrant culture, and growing tech scene, Lisbon has become a popular destination for digital nomads and expats alike.

Current Situation: Housing Crisis in Portugal

However, the rapid growth of tourism and soaring property prices have led to a housing crisis in Lisbon. As of 2022, Lisbon ranks among the most expensive cities in Europe, with square meter prices reaching up to €5,000.

Government Measures to Address the Crisis

In response to this crisis, the Portuguese government has announced a series of measures aimed at regulating short-term rentals and promoting long-term housing. These measures include:

• A freeze on new licenses for short-term rental platforms in urban areas
• Renewal of existing licenses every 5 years
• Introduction of a price control system for long-term rentals in Lisbon
• Tax incentives for property owners who convert short-term rentals into long-term housing

Required Documents for Renting a Property in Lisbon

For foreigners looking to rent a property in Lisbon, the following documents are typically required:

• valid identification (passport or ID card)
• proof of income (payslips or bank statements)
• tax identification number (NIF – Número de Identificação Fiscal)
• rental agreement

Conclusion

While the housing crisis in Lisbon may present challenges for those seeking long-term accommodation, the city’s unique charm and thriving community make it an attractive destination nonetheless. By staying informed about government measures and being prepared with the necessary documents, you can navigate the rental market with confidence.