Searching for a home in Lisbon: Rental Market and Apartment Tours
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- čas přidán 19. 12. 2022
- Having a lease or owning property is one of the requirements to applying for a residency visa, so I had come to Lisbon first to look for a long-term accommodation.
I quickly discovered that the rental market here is extremely competitive and prices have increased rapidly over the last several years as there has been an influx of expats and foreigners snapping up homes.
I decided to work with a real estate agent to increase my odds of finding something and toured a few apartments.
In this video, I take you along on my apartment tours and talk about the rental market conditions and what you should be aware of if you're planning to rent in Portugal.
The website I used to hunt for apartments was Idealista.com
Thank you for addressing the elephant in the room here. The reason the rental market is so insane is because of the ‘expats’ mostly from America have pushed the Portuguese population out of the city. It’s miserable. I spoke to some young people last time I was there and there was a huge feeling of hopelessness. It’s my favourite city in Europe, but the soul of the city is becoming slowly eroded.
Os jovens já eram "expulsos"do centro de Lisboa antes dos estrangeiros chegarem, porque o centro de Lisboa estava em ruínas, por causa do congelamento das rendas em que os proprietários eram obrigados a fazerem-se de assistentes sociais,isto já se falava nos anos oitenta,noventa
Offer and Demand is NORMAL is not miserable.. It's not Expats fault that we dont fight for decent salaries and we keep voting Gangsters into goverment majorities, THAT YES, IS MISERABLE, and that is THE PROBLEM
You sound really uneducated. Portugal was a low cost of living country, salaries were low but it evened out until people like you come here and try to capitalise like you capitalist do. There was never a problem getting property in Portugal until the huge influx of American started coming over. You are the problem. You speak of fighting for better salaries at the same buying everything up and charging 4x the cost. Why don't you return under the rock you came from.@@virtualworldsbyloff
You sound really uneducated. Portugal was a low cost of living country, salaries were low but it evened out until people like you come here and try to capitalise like you capitalist do. There was never a problem getting property in Portugal until the huge influx of American started coming over. You are the problem. You speak of fighting for better salaries at the same buying everything up and charging 4x the cost. Why don't you return under the rock you came from.@@virtualworldsbyloff
This can be so exhausting Adrien. It's really stressful actually. Thanks for sharing. Amazing video as usual. Please keep us posted
Man, that was an amazing video! Thanks for sharing all of the details in such a clear manner. Appreciate your effort
New place is cute! Fingers crossed it works out and am a big fan of how eloquently you described the process/reality check.
Hello from CA. Your so brave! Hope your get the apartment. Better days ahead!🎄
It’s the same here in Australia! So incredibly difficult to find rentals now . Interesting to see what’s happening in Portugal . Hope you get the apartment!
Hey Andrien, thanks for acknowledging the displacement of Portuguese from the city center. I hope you enjoy your time there.
OMG, the Portuguese have gone insane when it comes to renting , that is crazy. Here in Canada rents also crazy high , but all you have to pay is a 1month deposit, and sign a 1 year lease or you can rent month to month . One of my dreams is to go back in time "sort of" and live in Lisbon for 5 months, since I was born there, but the state of the rent is for me not worth it, I feel grateful that my own house here in Canada is all paid off, that is insane.
We had the same experience in Marseille, part of the reason we came to Bali, only to find it's not our scene and the similar rental situation. It's a new world.
I remember you in Bali. Great to see you in Portugal
Yes rents crazy everywhere. I just came back to Malaysia and my rent went up from 4500RM to 6000RM a month from June this year. I am not stalking you but I was thinking of Portugal or Greece next. As you say prices have gone up extreme since I started my journey. As for Bali I been there 4 times this year and many times before and actually bidding on a villa now but I am a bit uneasy on what the future holds there. Good luck and hope it works out for you as your information is invaluable to people like me that cant make the first move.🙏👍 (I should not complain about rents going up as that is how I live I have rental properties in Australia sadly a few cancellation so back to 2 minute noodles)
Thank you for sharing your house hunting journey. It's also similar to Singapore where tenants will offer higher prices and it will be gone within a day. Think the high interest rates environment are discouraging people from buying and renting apartments instead.
Fingers crossed for you. If you stay for a while it is worth thinking about buying a property, designing it for yourself, to avoid future stress with renting. It is not like Bali, where you cannot own, here you can. It may be a good investment and if you decide to leave you can rent it out or sell up.
Of course, just need the money to buy 😂
It's difficult being in transition Especially trying to manage the details of both residences and in different countries Stand firm they are getting to know you as well You can be trusted
bro, I really love your content I'm also in Lisbon, and I'm also a small content creator so hope u meet you as possible 😍 by the way I'm from Nepal lots of love, and welcome to Portugal bro.
Hey Adrian, Lisbon have became a hot spot for expats. I plan on vacationing there in July, also hear that it is very hilly, not easy walkable. Good luck, by the way how is the stand along housing market.
Been going through this same stressful process. It's a nightmare... My previous place is 3x the price it was last year.
Wow! It is expensive for renting there. To be expected I guess because, like you said, it’s high throughout the world right now.
You are lucky you can pay that much for a rent in Lisbon.I tried for 1 month to find an affordable room in decent area after an eviction but had to give up and leave as it would have meant a too big percentage of the salary on rent.Finding something decent with a portuguese salary is like playing a game at extra hard mode.With your situation is much easier even with the crazy market.
Unless you are paying a good extra specific fee for scouts to save you time, or you are buying and nor renting, don't count on them to help you much, in a rental the "Filipa"'s fee after the Remax's fee will be 200€ and probably less, you go look... I saw did that
this was super helpful thanks for sharing - if you plan to do this on your own how much time would you allocate to lookin for a rental ? Also is being an English only speaker create a downside while searching ?
It’s a tough market, especially in Lisbon. Impossible to say; depends on your budget and urgency. At least a month or two, and not speaking Portuguese could make it more difficult.
Thanks for these videos. Been following you for a bit and enjoyed all your videos of Bali and now Portugal. I have traveled and lived in both places as well - though a month or so - not more. Watching these videos and the quality of real estate in Portugal vs Bali and difference in lifestyle (from what you can really do with your money) makes Bali a no brainer. Of course all that may be completely overridden by social considerations (dating etc) - as it seems to be in your case and that makes sense. On a standalone basis though, Lisbon while cool is not remotely as comfortable as Bali. Its another European city with a more compelling price point than say London or Paris (or NYC for that matter back home).
Bali is comfortable however as you stated the social conditions are mitigating for me and I would rather feel stimulated than bored.
@@ChatGayPT Best of Luck! I am sure you will find a cool spot
In 2024 situatio got even worse, for 1400 € a month you get some decaying apartment build in the 70s in the outskirt with energy efficiency from F to C. I once saw an apartment without connection to the gas pipes and that needed you to to buy a gas bottle to cook and that was for 900€ a month.
Yes only if you have money it's good for to live in Lisbon if not we normal residency need to move
Love ur style ❤ did you get the place?
Yes 😉
Wow it’s sooo very expensive 😮can you buy something when you get your visa ? 😮
You can buy a property even without a visa. I just don’t have the cash right now to buy.
Your mustache is glorious
Is been a year, right now for 1200€ in idealista you get really great and well located 1 bedroom spots, smaller but better finished
I thought the idea of living as Digital Nomad was living/working/vacationing at the same time. In my opinion, the apartments in this video are all for living/working minus the vacationing. If I were you I would make Bali as my home base and traveling out of Bali 3-6 times a year. But of course, it’s your choice and your decision.
I’m over bali and that lifestyle in general which is not good for a single guy.
It’s expensive for renting. in Portugal. The standard cost of living looks similar in US. BTW, if you could drop by Italy to meet up David Bach for tax matters. He is travelling in Italy according to his Instagram. Stay healthy and happy.
❤😂😂🎉😢😮😅😅😊😊😊
The women you worked with was scamming