Real estate

RENT OR BUY IN PORTUGAL ?

&amp;NewLine;<div class&equals;"wp-block-cover has-background-dim-30 has-background-dim is-layout-flow wp-block-cover-is-layout-flow" style&equals;"background-image&colon;url&lpar;https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;wp-content&sol;uploads&sol;2015&sol;11&sol;1920x1080-2&period;jpg&rpar;"><&sol;div>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<h2 class&equals;"wp-block-heading">RENT OR BUY IN PORTUGAL<&sol;h2>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p><strong>renting is becoming less profitable than buying in Lisbon&amp;period; In this context&amp;comma; the French remain the leading buyers of property in Portugal&amp;period;<&sol;strong><&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>Portugal was elected last year as the first <a rel&equals;"noreferrer noopener" aria-label&equals;"destination &lpar;opens in a new tab&rpar;" href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;guide-expatriation-au-portugal&sol;" target&equals;"&lowbar;blank">destination<&sol;a> recently reported the&amp;nbsp&amp;semi;<strong><a rel&equals;"noreferrer noopener" href&equals;"https&colon;&sol;&sol;www&period;jn&period;pt&sol;nacional&sol;especial&sol;interior&sol;o-pais-em-que-os-estrangeiros-mais-procuram-casa-10728209&period;html" target&equals;"&lowbar;blank">Jornal de Notícias<&sol;a><&sol;strong>Among foreign investors who buy a property to live in&amp;period; The French still dominate the ranking&amp;comma; ahead of the Americans and Italians&amp;period; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>A figure of&amp;nbsp&amp;semi;<em><a rel&equals;"noreferrer noopener" href&equals;"https&colon;&sol;&sol;www&period;jornaldenegocios&period;pt&sol;mercados&sol;detalhe&sol;arrendar-e-65-mais-caro--que-comprar-em-lisboa-e-porto&quest;ref&equals;destaquestopo" target&equals;"&lowbar;blank">Jornal de Negócios<&sol;a><&sol;em>According to the business daily&amp;comma; <em>&amp;OpenCurlyDoubleQuote;renting a house is now 65&amp;nbsp&amp;semi;&amp;percnt; more expensive than buying one in Lisbon"<&sol;em>Rental contracts in Portugal fell by 8 percentage points last year; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>The two main reasons for this increase&amp;colon; Rents rose by 9&amp;comma;3 &amp;percnt; in the second half of 2018 in Portugal and by up to 27 &amp;percnt; in some areas of the capital&amp;period; On the other hand&amp;comma; banks are now offering ever more advantageous housing loans&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<h3 class&equals;"wp-block-heading">Porto&amp;comma; the difference is even more significant<&sol;h3>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>The <em>Jornal de Negócios<&sol;em>&amp;nbsp&amp;semi;simulated the acquisition of a 100&amp;nbsp&amp;semi;m<sup>2<&sol;sup>With a loan corresponding to 80% of the property's value, an interest rate of 1.74% and a term of 33 years, the verdict is in: paying rent each month would be 65% more expensive than repaying a mortgage;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>In Porto&amp;comma; the difference is even more significant, amounting to 100&amp;comma;5 &amp;percnt; and even 140 &amp;percnt; in the Campanhã&amp;comma; district, where rent would be 619 euros per month&amp;comma; against a bank repayment of 256&amp;comma;3 euros&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>As you can see, renting or buying in Portugal becomes uninteresting when you focus your search on the big cities&amp;period; We can only encourage you to look for bargains on the outskirts of the big cities&amp;period; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<hr class&equals;"wp-block-separator"&sol;>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<div class&equals;"wp-block-image"><figure class&equals;"aligncenter is-resized"><img src&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;wp-content&sol;uploads&sol;2019&sol;03&sol;couv-guide-immo-724x1024&period;jpg" class&equals;"wp-image-4315" width&equals;"260" height&equals;"350"&sol;><&sol;figure><&sol;div>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<div class&equals;"wp-block-button aligncenter"><a class&equals;"wp-block-button&lowbar;&lowbar;link has-background" href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;produit&sol;achat-guide-immobilier-au-portugal&sol;" style&equals;"background-color&colon;&num;0e3347"><strong>READ OUR BOOK&amp;nbsp&amp;semi;<&sol;strong><&sol;a><&sol;div>&amp;NewLine;

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