On May 2019, Decree-Law No. 68/2019, May 22 was published in the Diário da República, regarding the Accessible Lease Program, which is a housing policy program that promotes a supply of rental housing with lower market values.
The opening of the competition promoted by the Lisbon City Council, within the framework of an affordable rent program is shortly going to be a reality.
In fact, this competition aims to guarantee the placement on the Lisbon market of 1600 new apartments, of which 1200 will have a reduced rent, between € 150 and € 600 depending on the typology in question. However, these rents are subject to possible annual adjustments.
At the entrance of the last quarter of 2018, we will take advantage of our newsletter this month to analyze the relevant data on the real estate market that is currently available.