rental portugal

New regulations on rentals in Portugal : a minimum duration of one year and tenants better protected

New regulations on rentals in Portugal : a minimum duration of one year and tenants better protected

If you live in Portugal and especially in Lisbon, then you know that it is becoming more and more difficult to find accommodation. However, Portugal seems to have taken the measure and helps tenants by protecting the duration of the contracts and the end of them. The Portuguese Parliament approved a measure proposed by the Socialist Party (PS), which provides for a minimum duration of one year for housing rental. Even contracts signed for a shorter period now have a minimum contract of one year. Portugal has been on the offensive for some time to protect the long-term rental of residents of Portuguese cities, such as Lisbon and Porto. The recent slowdown at Alojamento Local is not the only measure implemented to protect the inhabitants. This new law establishes a minimum duration of 12 months for any rental contract. What does this new measure imply ? What does this new regulation say about long-term leasing ? Lisbob, the expatriate's assistant in Portugal, tells you all about this new law on leasing.