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Housing in Portugal is generally similar to housing in the rest of Europe. However, some specificities exist. However, some specificities exist. Portugal has the highest rate of rural population in Western Europe , which means that roughly a third of the Portuguese families live in farms or properties outside urban areas.
Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels . "Short stay" rentals are an offshoot of the corporate housing market, [ 2 ] and are also offered by private owners and investors via online platforms such as Airbnb .
Vacation rentals can also negatively affect local communities in a number of ways. While not the major cause of limited affordable housing, vacation rentals negatively affect the long-term housing market in local communities, especially tourism communities. As more short-term rentals increase, the availability of long-term units decreases.
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While many Housing First programs provide rental assistance, or help clients to access rent subsidies, the key difference between Rapid Re-Housing and Housing First programs is that Rapid Re-Housing always provides a short-term rent subsidy, the subsidy is time-limited and ends within 3–6 months generally, and services end when the subsidy ends.
Investors are restricted to purchasing a single residential property of at least 120 square meters and are barred from short-term rentals. Violations incur a €50,000 fine and revocation of residency rights. The visa grants residency exclusively in Greece and does not permit employment or guarantee citizenship.
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