Moving to Lisbon? Explore budget-friendly Lisbon accommodations for 2024! Use this blog to discover tips for finding cheap rooms or places to rent in Portugal's vibrant capital, including best platforms to find a place, things to note for the contract, a price breakdown and more.
Contents:
The best platforms to find a place in Lisbon
What you should know before renting a place in Lisbon?
What do you need to rent a place to live in Lisbon?
How much is rent in Lisbon?
Where to live in Lisbon?
Best Platforms to Find a Place to Live in Lisbon
Worried about where to look for an accomodation in Lisbon? Look no further! Here are some recommendations for the best platforms for long-term rentals:
Flatshare: Useful for students and young residents. If you have friends or know people who you think it would be nice to live with, consider renting and sharing a flat with them.
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Before entering into a private rental agreement, it's essential to ensure that all necessary documentation is signed before any financial transactions take place.
What should you know before renting a place in Lisbon?
A standard contract should include the following:
End date (for fixed term contract)
How much money to pay and when
Deposit (if any)
Property's address
Leaving notice period, eviction period (for renovation or other reasons), and termination terms
Furnish and home essestials that are included
Status of facilities and appliances (e.g. kitchen, taps, shower, toilet, etc.)
Translated tenancy agreement or agreement in both Portuguese and English. Note: Some landlords do not speak English and may not be able to provide this.
Heating options (Portugal is generally warm, but you may need to invest on a small heater for the winter)
Useful terms:
Landlord: Senhorio/a Tenant: Inclino/a Lease agreement: contrato de arrendamento Fixed-term contract: contrato com prazo certo Open-ended contract: contrato por duracao indeterminada Rent: renda Deposit: caucao Fiscal number: Numero fiscal de contribuinte (or NIF) Furnished:mobilado Unfurnished: sem mobília T0 is a studio, T1 is a one-bedroom apartment, T2 a two-bedroom one, etc.
What do you need?
A signed lease agreement (contrato de arrendamento)
Portuguese Tax ID (número de contribuinte) or NIF (Número de Identificação Fiscal) - a fiscal identification number
Proof of identity
Proof of employment (if not a student) or guarantor (fiador) for students
How much does it cost to rent in Lisbon?
Rent really depends where you plan to live and accomodation type, but fear no more, I got you covered. Here is a breakdown for what you can expect:
Room: €400-€775 per month.
1-bed apartment: €650-€855 per month, depending on the location.
1-bed apartment (city center): €900-€1,700 per month.
2-bed apartment: €1,200-€1,700 per month, depending on the location.
Now to decide where in Lisbon is more affordable or satisfy your needs more, read below!
Where to live in Lisbon in 2024?
Before we begin, it's worth noting that Lisbon's appeal to both locals and international visitors, including digital nomads and tourists, has led to a shortage of rental listings in the city. However, Lisbon offers a choice of charming neighborhoods, each with its own unique atmosphere and amenities and rental possibilities.
To help you find the perfect place to call home in this vibrant city, I've already created a blog about the Top Neighborhoods to live in Lisbon in 2024 so check it out =). However, this is a summary of my recommendations:
For families with children Belém and Parque das Nações would be great options.
For party and social people, Baixa-Chiado and Alfama.
For young people and students, Roma, Areeiro, or Alameda will fit perfectly.