Portugal
Should I buy or rent a home in Portugal?
If you have not spent a lot of time in Portugal, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"I am renting an apartment. It was difficult at first because a number of realtors didn't show an interest in helping me. When I found the right realtor, it went fairly easily. The biggest issue was having to pay for an entire years rent due to having no family in Portugal. There is also a scarcity of rental properties that are long term rentals," remarked another expat who made the move to Cascais, Portugal.
"Deciding whether to buy or rent a home in Portugal depends on your personal budget, lifestyle, and goals. If you are looking for a more permanent living situation and a long-term investment, purchasing a home in Portugal could be a great option for you. On the other hand, if you are looking for short-term accommodation or want more flexibility, then renting a home may be the better option. Ultimately, the decision between buying or renting a home in Portugal should be based on your individual needs and preferences," explained one expat living in Portugal.
AGS Worldwide MoversGet Quote
Relocating abroad soon? Make your move with AGS! AGS Worldwide Movers is a leader in the international moving industry. Our experience and expertise allows us to guarantee our clients the best quality moving services.
AGS Worldwide MoversRelocating abroad soon? Make your move with AGS! AGS Worldwide Movers is a leader in the international moving industry. Our experience and expertise allows us to guarantee our clients the best quality moving services.
Get Quote
Other Questions:
- What do I need to know before moving to Portugal?
- How do I find a place to live in Portugal?
- What is a typical expat home or apartment like in Portugal?
- What is the average cost of housing in Portugal?
- Should I buy or rent a home in Portugal?
- What should I pack when moving to Portugal?
- What cultural faux pas should I try to avoid making in Portugal?
- Why do people move to Portugal?
- What are healthcare services like in Portugal?
- What are medical services in Portugal like?
- What are typical rents in Portugal?
- What appliances are typically included in a rental?
Should I buy or rent a home in Portugal?
If you live in Portugal, newcomers to Portugal would love to hear your answer to this question.
About the Author
Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
