A profitable second home in a growing capital
- High annual returns
- Expanding tourism
- Advantageous taxation
- Attractive prices
An expanding vacation rentals market
While in Paris and in the major French cities, the war against Airbnb and seasonal rentals has been declared by the Administration with a costly and strict process and limitation; in Lisbon, only a declaration at the Administration and an annual fee will allow to rent your property.
BnbLord handles listings for you on different platforms such as Airbnb, Booking.com or HomeAway. Our agents take care of everything for you: interactions with the guests, check-in, check-out, cleaning, delivery of linen, concierge service and small maintenance in the apartments.
We usually make 10% return on investment!
The destination à la mode
Lisbon is the fourth city with the highest tourist growth in Europe. In 2015, Portugal welcomed more than 10 million tourists throughout the year. In 2016, this figure grew strongly by 12.7%, with 11.4 million tourists over the year. It is already announcing that 2017 will be an even better year for the tourism industry."
With the inauguration of a new airport scheduled for 2021, a city ranked 22nd in the world for its infrastructures or the new district of LX Factory in full growth, Lisbon has placed itself in a strategy of constant growth to accommodate more and more tourists.
An advantageous tax system
In Lisbon, the required contribution for an apartment is 30% of the value of the property. You can obtain, with the usual conditions of bank loans, a rate of 3% with your local banks. Once the funds are released for your investment and with actors on the spot, you can become owner in a very short period of time, one month being regularly observed.
Regarding taxation, you declare your rental income in Portugal and pay your taxes in Portugal at a attractive rate. The payable taxes at the time of purchase are the stamp duty and the tax on real estate transactions. Annually, you are indebted to IMI - Imposto Municipal sobre Imóveis (with a rate varying between 0.3% and 0.5% regarding the value of the property)
After a fall of 25% to 30% between 2009 and 2012, prices are slowly going up in Lisbon, but it is still time to invest. With a budget between 150,000 and 300,000 euros, you will find an apartment very well located in the touristic heart of Lisbon. However, it is essential to act very quickly, properties can be sold very quickly, usually within 72 hours. The price per m2 in the best neighborhoods is between 2500 and 4000 euros, depending on the condition of the apartment.
Many apartments, and especially small-size ones are available for sale. For more room for maneuver and an optimization for seasonal rental, not counting the cheaper prices, it is particularly interesting to buy apartments or buildings to renovate completely.
A neighborhood with a thousand stories, a thousand colors, a thousand smells, the Alfama district is the Lisbon of yesteryear, the authentic one, the typical one.
The district of Baixa is the most central district. As the name suggests, it is "down" surrounded by the hills of Bairro Alto to the west and Castle Sao Jorge and Graça to the east."
The neighborhood, with countless bars, restaurants, fado houses, is the most famous area of Lisbon night since the 1980s, and constitutes since then the new alternative and hip neighborhood of the city.
From cut-throat, the Mouraria has become the bobo district of Lisbon. It is in the heart of its winding alleys that fado was born, a traditional Portuguese style of melancholic music.