The most profitable areas for short-term renting in Portugal are Avenida dos Aliados, in Porto, and Chiado, in Lisbon. According to the report recently released by GuestReady, these two locations can reach 150€ per day on short-term rentals.
The subject of this study was the local accommodation apartments with 1 and 2 bedrooms and, according to the data collected, the analysis suggests that the most expensive area of the country is Aliados Avenue, in Porto, where 1 bedroom flats can go to 120€/day on average, and 2 bedroom flats can reach 150€/day. Still in Porto, Aliados is closely followed by the area of São Bento Station, reaching 135€/day, and Santa Catarina Street with a value of 120€/day.
In Lisbon, the owners of local accommodation units can gain higher revenue if located on Alecrim Street and Garrett Street, both in the Chiado neighbourhood. In both of these streets, a 2 bedroom apartment can reach a daily price of 130€, followed by Liberdade Avenue, at 125€/day, Carmo Street, also at 125€/day, and areas near Augusta Street, Ouro Street – both in Baixa, or Republica Avenue can reach 120€ per day.
Source: Destak Newspaper
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My property advisor, Mathew McGurn, was truly excellent! His knowledge, professionalism and attention to details was much appreciated. He worked hard to not only find a property that fit all my requirements, he negotiated successfully with agents making sure my offer won over other buyers bidding for the same property. In addition, his communication skills, prompt response time and general help with my getting settled in Portugal went above and beyond the normal.Investor from the USA
Dear Sérgio, thank you so much for arranging our 1º Esquerdo place. We love our place, and your attention to detail is very much appreciated.Tim Thronson - Investor from the USA
A full service, one stop opportunity. Very easy for us a foreigners. Ryan Dunn went above and beyond for us. We appreciate him and his work!Jose Arias - Investor from the USA
Everyone I met with and spoke with has been extremely knowledgeable and professional. Dealing with native English speakers who understand things from my perspective was very reassuring. Finally, knowing that I had Matthew in my corner gave me the confidence to proceed with the process of buying an apartment in Lisbon. Thanks very much.Investor from the USA
So far it has been great. Simon is very knowledgeable and friendly.Loay El Abiad - Investor from Saudi Arabia
It's fantastic how Ryan had complete knowledge regarding Lisbon and dealt with us in a great manner.Akbar Ali - Investor from Pakistan