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Culture & Tradition, Tips
Marc Martin - Portugal
9 Reasons Why Lisbon Isn’t for Everyone

Moving to Portugal is an exciting adventure, but it comes with some hidden costs that can catch expats by surprise. From property maintenance to social security contributions, these expenses can add up quickly if you're not prepared. Today, we're uncovering the top 9 hidden costs of living in Portugal to help you plan better and avoid any unpleasant financial surprises. Ready to get the inside scoop? I’m Lisbob, your trusty expat assistant, here to guide you through it all.

9 Reasons Why Lisbon Isn’t for Everyone
Tips, Retire
Marc Martin - Portugal
Do You Need a Fiscal Representative in ...

If you have financial interests in Portugal but live outside the European Union (EU) or European Economic Area (EEA), you may be required to appoint a fiscal representative. This guide will explain why a fiscal representative is essential, who needs one, and how it can help you navigate the complexities of Portuguese tax laws. From ensuring compliance with tax regulations to assisting with the application process for a NIF (tax identification number), a fiscal representative can be a crucial partner for non-residents doing business or owning property in Portugal. Read on to find out if you need one and how it can benefit you.

Do You Need a Fiscal Representative in Portugal? A Complete Guide for Non-EU Residents
Culture & Tradition, Visits
Marc Martin - Portugal
Top 9 of Lisbon's best districts to live in

Lisbon is a cosmopolitan and dynamic city, with many different neighbourhoods, each with its own atmosphere and lifestyle. If you're looking for a place to settle down, it's important to compare Lisbon's different neighbourhoods before deciding where to put down your boxes. I'm Lisbob, the expat assistant, and I've come up with my list of the best areas in Lisbon to move to, in no particular order.

Top 9 of Lisbon's best districts to live in
Culture & Tradition, Tips
Marc Martin - Portugal
9 hidden costs of living in Portugal

Moving to Portugal is an exciting adventure, but it comes with some hidden costs that can catch expats by surprise. From property maintenance to social security contributions, these expenses can add up quickly if you're not prepared. Today, we're uncovering the top 9 hidden costs of living in Portugal to help you plan better and avoid any unpleasant financial surprises. Ready to get the inside scoop? I’m Lisbob, your trusty expat assistant, here to guide you through it all.

9 hidden costs of living in Portugal
Culture & Tradition, Tips
Marc Martin - Portugal
9 secrets locals don’t tell you about Portugal

Moving to Portugal is an exciting journey, but there are a few secrets locals don’t usually share. These hidden gems and insights can make a huge difference in your expat experience. Today, we’re uncovering the top 9 secrets locals don’t tell you about Portugal. Ready to get the inside scoop? I’m Lisbob, your trusty expat assistant, and I’m here to guide you through it all.

9 secrets locals don’t tell you about Portugal

Real Estate

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Huge drop in the number of Alojamento Local registrations in Portugal, -73% in Lisbon

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Huge drop in the number of Alojamento Local registrations in Portugal, -73% in Lisbon

It would seem that the Portuguese strategy to reduce the number of new Alojamento local and curb real estate speculation is starting to bear these fruits. Between January and October 2019, 13,201 new dwellings were registered for a tourist rental activity, 43% less than during the same period in 2018. Lisbon is the region most affected by this drop in new requests, because of the setting up of areas where it is no longer possible to obtain new licenses for tourist rental and Porto is not spared by this fall. Is this good news for people living in big portuguese cities ? What are the figures for this significant drop in Alojameto Local? Lisbob, the assistant of expats in Portugal, tells you all about this drop in registrations.

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Ranking of foreign investors in the Portuguese real estate market

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Ranking of foreign investors in the Portuguese real estate market

Foreign investments in the Portuguese real estate market are still on the rise, and once again the French dominate the ranking. Indeed, French investment is the largest in the Portuguese real estate market, with a 21% market share in the first half of 2019, according to the Association of Real Estate Professionals and Enterprises of Portugal (APEMIP). After studying all the activities carried out in the Portuguese real estate sector between January and June, APEMIP claims that foreign investments accounted for 16% of total real estate transactions in Portugal. Which countries are investing the most in Portuguese real estate? Lisbob, the expatriate assistant in Portugal, reveals the ranking of the largest foreign investors in the Portuguese real estate market.

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Hurricane Lorenzo will hit the whole Azores archipelago with winds of more than 200 km / h

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Hurricane Lorenzo will hit the whole Azores archipelago with winds of more than 200 km / h

The archipelago of the Azores is preparing for the worst. Hurricane Lorenzo, currently category 5 is the highest on the Saffir-Simpson scale, will hit hard the Azores archipelago and especially the group of Western islands. Indeed, the latest forecasts indicate that the center of the hurricane should pass very close to the western group, affecting the entire archipelago next Wednesday. Winds will reach 180 km / h with waves up to 12 meters. What is the weather forecast for the Azores archipelago? What is the trajectory of Hurricane Lorenzo? Lisbob, the expatriate assistant in Portugal, tells you everything about Hurricane Lorenzo and its impact on the Azores archipelago.

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6,6 % drop in home sales in Portugal for the first time since 2013

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6,6 % drop in home sales in Portugal for the first time since 2013

For the first time in six years in Portugal, home sales recorded a negative trend in the second quarter of 2019 compared to the previous year. In contrast, the price index rose by 10.1% over the same period. This decline was anticipated by specialists in the Portuguese real estate sector, its magnitude is now known: 6.6% decline. These figures are available in the latest study published by the National Institute of Statistics of Portugal. Is this decline in the number of transactions accompanied by a rise in prices a reversal of trend, or a simple pause in the Portuguese real estate market? What are the official figures of Portuguese real estate? Lisbob, the expatriate's assistant in Portugal tells you all about this decline in home sales in Portugal.

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The most expensive apartment in Portugal's history sold for 7.2 million euros in Lisbon

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The most expensive apartment in Portugal's history sold for 7.2 million euros in Lisbon

How far will the rise in property prices in Lisbon go? This is a question that we are entitled to ask following the sale of the most expensive real estate in the history of Portugal. It is a rooftop apartment with private pool, gym and spa overlooking the Tagus River. Although the penthouse was acquired for an amount deemed exorbitant, the owner of the penthouse asked to remain anonymous. The owner of Lisbon's most expensive apartment will also enjoy views of Eduardo VII Park or São Jorge Castle from its 260-square meter terrace. Is it too expensive for an apartment in Lisbon? Does it deserve its price of 7.2 million euros? Lisbob, the expatriate's assistant in Portugal, tells you all about this new real estate madness in the Portuguese capital.

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Strong slowdown in real estate prices in Lisbon : is it time to sell?

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Strong slowdown in real estate prices in Lisbon : is it time to sell?

After the euphoria of recent years, the rise in property prices in Portugal is declining and stabilizing. Investment in the residential market is starting to "lose momentum" at a time when demand is weakening and showing signs of slowing down. Lack of supply continues to weigh on prices, but less than before, also because of the upward trend in supply for new construction. With this change of cycle in sight, is it time to think about selling your property in Portugal ?

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10 official and definitive stats of the real estate market in Portugal in 2018

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10 official and definitive stats of the real estate market in Portugal in 2018

The National Institute of Statistics of Portugal INE has published the official and definitive figures of the Portuguese real estate market for 2018. More and more real estate are sold and for higher and higher values. Lisbon continues to shine in the real estate market, but last year, the palm of the region with the fastest growth was the Alentejo. According to data from the National Institute of Statistics (INE), prices have risen for the last 5 consecutive years, but they are starting to show signs of slowing down. Lisbob, the expatriate assistant in Portugal, gathered the ten official and definitive figures of the Portuguese real estate market in 2018.

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All about the new rental contract with life lease in Portugal

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All about the new rental contract with life lease in Portugal

Portugal has introduced a new law on the right to housing and has introduced a new type of lease: the life contract. Indeed this new law of the right to sustainable housing makes it possible to conclude contracts of housing for life between owners and tenants. In practice, the real right to sustainable housing functions as a tenancy agreement that lasts until the tenant dies. But this implies compliance with other obligations that the "conventional" lease does not provide. This new type of lease for life allows for some stability but also entails new obligations on the part of the tenant and the owner. What are the terms of the lease for life? How does the lease with life lease in Portugal work? Lisbob, the expatriate assistant in Portugal, tells you all about the lease for life.

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New regulations on rentals in Portugal : a minimum duration of one year and tenants better protected

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New regulations on rentals in Portugal : a minimum duration of one year and tenants better protected

If you live in Portugal and especially in Lisbon, then you know that it is becoming more and more difficult to find accommodation. However, Portugal seems to have taken the measure and helps tenants by protecting the duration of the contracts and the end of them. The Portuguese Parliament approved a measure proposed by the Socialist Party (PS), which provides for a minimum duration of one year for housing rental. Even contracts signed for a shorter period now have a minimum contract of one year. Portugal has been on the offensive for some time to protect the long-term rental of residents of Portuguese cities, such as Lisbon and Porto. The recent slowdown at Alojamento Local is not the only measure implemented to protect the inhabitants. This new law establishes a minimum duration of 12 months for any rental contract. What does this new measure imply ? What does this new regulation say about long-term leasing ? Lisbob, the expatriate's assistant in Portugal, tells you all about this new law on leasing.

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Guide to move to Portugal : preparation, steps and precautions for a perfect move

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Guide to move to Portugal : preparation, steps and precautions for a perfect move

If you have made the decision to live in Portugal, your expatriation will necessarily go through a move. Leaving your country and moving to Portugal can become a brain teaser if you are unprepared and if you do not know which trusted carrier to turn to. The organisation of a move from United-Kingdom or another country to Portugal must be done with preparation and certain precautions must be taken. Indeed, moving to another country is not easy if you are not prepared. How to prepare for your move ? What are the precautions to take to move from your country to Portugal ? How to move to Portugal ? Lisbob, the expatriate assistant in Portugal, tells you everything about moving serenely to Portugal.

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Lisbon is renting 36 accommodations from T0 to T3 starting from 124 €

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Lisbon is renting 36 accommodations from T0 to T3 starting from 124 €

The Lisbon City Council has just opened the applications to be able to rent low-rent housing from € 124. Good news for those who cannot find affordable rental housing in Lisbon and are already thinking about fleeing to the suburbs. Do not pack your bags now because the Lisbon City Council has just opened applications for 36 low-rent housing units since Monday, July 2, 2018. What is the price of these homes ? How to be a candidate ? Which areas are concerned ? Bob, the expatriate assistant in Portugal, tells you all about low-rent housing in Lisbon.


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Real estate and consumer loans in Portugal: discover the new rules

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Real estate and consumer loans in Portugal: discover the new rules

New rules on mortgages and consumer loans in Portugal were introduced as of Sunday, 2 July. As an expatriate, it is sometimes difficult to know the different rules in norm of credits house or consumer especially when one does not speak the language. If you want to buy a house in Portugal read this: The Bank of Portugal has published new rules that apply to borrowers as well as banks and they change the way you can borrow. What is the maximum debt ratio accepted? What is the maximum percentage loaned by banks to buy a house in Portugal? What is the term limit of a home loan or consumer loan? Lisbob, the expatriate assistant in Portugal, tells you all about the new rules introduced by the Bank of Portugal on consumer loans and mortgages, so that buying a house in Portugal becomes a pleasure.