House rents per square metre rose by 4.9% in December 2025 compared with the same month in 2024 and recorded an average annual change of 5.3% over the whole of last year.
"What I earn isn't enough for anything": housing crisis forces different families to share the same home

Context & Explainers
Local accommodation (alojamento local) means short-term tourist rentals—private apartments, houses or rooms rented for days or weeks—that must be registered and licensed with municipal authorities. Municipalities can suspend or cancel licences (Lisbon cancelled about 6,700 licences in early 2026), so travellers and hosts should check a listing's registration and local rules before booking or offering stays.









