Latest news and stories about local accommodation in finance in Portugal for expats and residents.
Soaring housing costs are forcing households to share single properties, with extremes of up to six families under one roof, while many workers are taking on additional employment — including third jobs — to meet rent and mortgage bills. The situation points to a shortage of affordable accommodation, rising pressure on the local property market and public services, and wider impacts on health, education and the labour market.

Soaring rental costs and a shortage of affordable housing have pushed many Portuguese families to take in unrelated flatmates or move into shared accommodation as their only viable option.
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.

In Lisbon, Vitória lives with her boyfriend and her daughter in a three-bedroom flat shared with another family — a mother who has two daughters. In Porto, Gabriela sleeps in the same room as her two 16-year-old daughters. There are increasing cases of families sharing homes.

The Douro region has secured €20 million of approved investment, but further projects are stalled or cannot go ahead because of insufficient financing.

Overnight stays in tourist accommodation in the European Union (EU) set a new record in 2025, reaching 3.08 billion, which represents a 2% increase compared with the previous year, according to data released on Friday by Eurostat. Portugal ranks sixth among the countries with the lowest growth. Portugal recorded 89.6 million ...

Inflation has hit the hospitality sector, but for neighbourhood cafés and many restaurants the main threat is pressure from the property market. With every patisserie that closes, the neighbourhood crumbles.

Official reporting says average house rents rose 5.3% in 2025, with the largest regional increase in Madeira (6.9%). The rise will matter most to tenants and those searching for rentals — renters should expect continued pressure on budgets and factor increases into housing searches and lease negotiations.


Home News Portugal rental market expanded Portugal rental market expanded The rental market in Portugal has expanded rapidly over the past few years, driven by a growing need for affordable housing. However, profitability is not uniform across the country.

The association accused the Government of being the 'main driver' of the housing crisis, arguing that the package of measures 'has not resulted in lower prices for renting or buying.'

The fiscal measures approved on Friday in Parliament are “unable to halt the escalating spiral of the housing crisis in Portugal, which seems unstoppable”, the Lisbon Tenants' Association (AIL) says in a statement. For the association, “the Government is once again the main driver” of the housing crisis, since the package ...

Many are not put on the market because owners feel insecure, while many others need renovation work.

Home News Portugal needs to build homes Portugal needs to build homes Portugal faces a major housing shortage, which is expected to persist for at least the next decade.

The presidential candidate said she will not promulgate “any bill that says a moderate income is €2,300”

An opinion piece arguing that the areas surrounding Lisbon are becoming the next hotspot for high-end property, driven by rising city prices, demand for space and new development opportunities.
Housing prices have risen to levels that many describe as obscene, driven by a mix of constrained local supply, strong demand, low borrowing costs and investor activity. The resulting price inflation has undermined affordability, altered living choices and intensified regional disparities in property markets. Policy responses and planning changes will be central to cool inflation and expand accommodation options in affected areas.

Vilamoura has unveiled Botanica, its latest residential development, promising a rare mix of urban convenience and nature-led living in one of the Algarve’s most sought-after destinations. Officially announced this week, The post Latest Vilamoura residential project revealed appeared first on Portugal Resident.

The Azores recorded their highest-ever number of passengers disembarking at regional airports for the fourth year running, reflecting continued growth in visitor numbers across the islands.

The Minister of Infrastructure is convinced the new package will lower house prices and encourage renting.

Nuno Leal, co‑CEO of Doutor Finanças, says the tax measures in the government’s housing plan — due to be debated in Parliament on Friday — should help increase supply in the market. He concedes the package tends to favour property owners and landlords but considers it “relatively balanced”, noting the measures are centred on those who hold property while aiming to ease supply constraints. The assessment focuses on likely effects on rental supply and owner incentives rather than specific legislative detail.

The Port of Funchal is expected to receive the largest number of cruise ship calls in its history in 2025.

The Portuguese Parliament is discussing a package of housing measures against a backdrop of persistently rising property and rental prices.

House prices have risen continuously for six consecutive quarters.
