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long-term flat Lisbon

All about the new rental contract with life lease in Portugal

All about the new rental contract with life lease in Portugal

Portugal has introduced a new law on the right to housing and has introduced a new type of lease: the life contract. Indeed this new law of the right to sustainable housing makes it possible to conclude contracts of housing for life between owners and tenants. In practice, the real right to sustainable housing functions as a tenancy agreement that lasts until the tenant dies. But this implies compliance with other obligations that the "conventional" lease does not provide. This new type of lease for life allows for some stability but also entails new obligations on the part of the tenant and the owner. What are the terms of the lease for life? How does the lease with life lease in Portugal work? Lisbob, the expatriate assistant in Portugal, tells you all about the lease for life.