2023 Lisbon Portugal Cost of Living Guide for Expats: Is it Affordable? | LetsMoveToPortugal.com

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  • Опубликовано: 21 дек 2024

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  • @kamitube9839
    @kamitube9839 Год назад +8

    When compared to an average monthly income in Lisboa, it is the 3rd most expensive city in the world. Right after London and Rome.
    Average monthly net income in Lisbon is about 1000€.
    A normal person that wants to live in an apartment (not renting a room) needs about 2200€ to cover the month. So you loose 1200€ every month.
    After covid things here have become terrible

    • @livinginLisbonPortugal
      @livinginLisbonPortugal  Год назад

      Thanks for watching and for your comments. It is important to note that the increase in rent cost is a worldwide issue.

    • @kamitube9839
      @kamitube9839 Год назад +1

      @@livinginLisbonPortugal Yes it is an issue with the entire world. Yet in other countries it is not that drastic. Munich has similar rent prices but the average salary is 5 times higher. So the point of my comment remains valid, Lisbon is the 3rd most expensive city in the world compared by the average cost of living/average salary.
      Just google....

  • @TL-uj7yn
    @TL-uj7yn Год назад +4

    Would be very curious for a video that shows houses 20 minutes outside of Lisbon. What are the names of some of these area's. I would like to look up some housing costs.

    • @livinginLisbonPortugal
      @livinginLisbonPortugal  Год назад +2

      Hello TL and thanks for your comment and for watching our channel. With our content we focus on exploring Lisbon and Portugal as a whole, at the moment no intention of showing houses in the videos as we get to the part individually when looking for homes with each of our clientes.
      We are happy to share the name of some of those Neighbourhood about 20 min out of of historial Lisbon and as to see what homes look like on your duster I recommend using the website Idealista Portugal to have a better idea, some of those neighbourhoods are Benfica, Alfragide, Odivelas, Lumiar and others.we hope this helps you look at some options.
      If you are serious about moving to Portugal and need assistance with relocating feel free to reach out to us. Thanks again for your comment.

    • @virtualworldsbyloff
      @virtualworldsbyloff Год назад +1

      Those areas are very poorly served with transports, have no life after 7 PM (dormitories) and 80% of those areas are quite fishy, scary dangerous after 7PM, plus you will waste hours and hours and hours of your daily life commuting... Choose a tiny hole in the city instead of bigger homes in nasty suburbs

  • @virtualworldsbyloff
    @virtualworldsbyloff Год назад +6

    Except for rentals, Lisbon is very affordable, but you need to do your homework when choosing where and how to spend

    • @livinginLisbonPortugal
      @livinginLisbonPortugal  Год назад

      Thanks for watching and for taking
      Your time to comment. It is very well said, lisbon still a very affordable city if one makes the right choices

    • @Joa-y4y
      @Joa-y4y Год назад

      not much affordable anylonger

  • @patrickpasson7247
    @patrickpasson7247 4 месяца назад +1

    Living in Lisbon, becomes more expansive by the month, it causes me to relocate. Prices went up 130% in two years!!!!!! and then I am not even talking about Rent prices. The only thing cheap here are Alcohol and cigarettes. On the other side if you have a drivers license and can live outside of Lisbon, you can have a really good life.

    • @livinginLisbonPortugal
      @livinginLisbonPortugal  4 месяца назад

      Thank for your feedback Patrick, there is no denying Lisbon have become more expensive and that moving to other parts you can have a different lifestyle at lower prices, a common thing in most parts of the world. I hope you found your sweet spot in this beautiful country. Cheers

  • @pures1n
    @pures1n Год назад +5

    Is it normal for apartments to have fitness centers, pools, etc? in Lisbon? If yes -- how much would you typically say these luxury apartment's go for?

    • @livinginLisbonPortugal
      @livinginLisbonPortugal  Год назад +3

      Thank you very much for your question Murkey. Buildings with a full range of amenities are not the norm but are becoming more common, specially in areas like Avenidas Novas, Amoreiras, Arroios, and some new buildings in Estrela. You will not usually find these kind of amenities in older buildings. In a good area you can expect to pay between 20 to 30 Euros a month per m2. I hope this answer your question. I do have some videos coming up featuring some of Lisbon's best neighbourhoods, stay tuned. Are you panning a move to Lisbon? Where from?

    • @livinginLisbonPortugal
      @livinginLisbonPortugal  Год назад +2

      Hello Murkey, we would love to hear more from you as to where you are planning to move from and if the information provided was helpful. The info provided on the previous message was rental prices of between 20-30 per m2 in premium Lisbon areas, if looking to purchase in these same areas, a new luxury apartment in central Lisbon with all amenities mentioned will start at around 7,000 Euros per m2 and that can go up to 12,000+ per m2. Lisbon is a city of neighbourhoods and you will be surprised how small and near one another they are, with this said places like Principe Real and Chiado will usually have the highest prices per m2 on new luxury projects, where places like Alcantara and Arroios will offer you better value per m2 on new luxury projects. There is something for everyone.

    • @pures1n
      @pures1n Год назад +1

      @@livinginLisbonPortugal Awesome. Thank you for that info. Yeah perhaps. I'm still traveling around. I'm Canadian born, US resident -- though I've been to Lisbon recently and it was pretty damn nice. Currently traveling in The Philippines at the moment. That information is very helpful yes :) Thank you for your help!

    • @livinginLisbonPortugal
      @livinginLisbonPortugal  Год назад +1

      @@pures1n Glad to hear the information was helpful Murkey. I'm also a Canadian citizen, and called Toronto and Vancouver home for over 20 years, and loved every moment of it, but the portuguese lifestyle called me when covid hit and I can't see myself living anywhere now. Keep on exploring your options and if you ever seriously consider moving to Portugal reach out so we can assist with your move to this beautiful place.

    • @pures1n
      @pures1n Год назад +1

      @@livinginLisbonPortugal Will do. Thanks bud.

  • @maryschwab6674
    @maryschwab6674 Год назад +1

    I have been thinking of moving to Portugal, but I don't know how to get a hold of you.

    • @livinginLisbonPortugal
      @livinginLisbonPortugal  Год назад

      Good day Mary and thanks for watching our channel. I would love to be of assistance to with your move to Portugal. You can schedule a meeting with me by clicking on this link. Consultation (Zoom Call): bit.ly/4154qtp

    • @livinginLisbonPortugal
      @livinginLisbonPortugal  Год назад

      Hello Mary, we hope all is well. You can email us at eddie@ricartirealestate.com or schedule a meeting at bit.ly/4154qtp Looking forward to hearing from you.

    • @Joa-y4y
      @Joa-y4y Год назад

      As of late Portugal has become too expensive to live in, plus new laws regarding taxes will get deep into retirees and peoples pockets, crazy taxes, rents are threw the roof, real estate getting sky high, how the heck are the locals dealing with this high cost of living now, because high cost locals seem getting fed up with foreigners living there now, truly crazy!! i remember the old Portugal!!

  • @K_H-Channel
    @K_H-Channel Год назад +1

    What are the family friendly neighborhoods outside Lisbon that are more affordable to buy or rent? Thanks.

    • @livinginLisbonPortugal
      @livinginLisbonPortugal  Год назад +1

      Hello K H, as a rule of thumb the farthest you are from the historical center the more affordable it gets. One of the most central and cot efficient areas in my opinion is Benfica, but other such as Beato, Marvila and Odivelas also offer good good value. Across from the river you have Almada with lots of more affordable options. I hope this information helps. May I ask where it is you are planning to move from?

    • @K_H-Channel
      @K_H-Channel Год назад

      ​@@livinginLisbonPortugal We are in Porto. But planning to move closer to Lisbon.

    • @livinginLisbonPortugal
      @livinginLisbonPortugal  Год назад

      I see, yes they quite different cities and both have their unique charm, I find Lisbon to be much more cosmopolitan. have you been in Porto for long? Where from originally?

    • @K_H-Channel
      @K_H-Channel Год назад +1

      @@livinginLisbonPortugal 4 months in Porto. From Toronto,Canada

    • @livinginLisbonPortugal
      @livinginLisbonPortugal  Год назад

      @@K_H-Channel Very nice ... Great city, I lived there from 2000-2008 before moving to Vancouver.

  • @anh5sigon11
    @anh5sigon11 Год назад +1

    You mentioned $60/month for insurance per individual ?

    • @livinginLisbonPortugal
      @livinginLisbonPortugal  Год назад

      Thats right, we pay about 60 Euro a month each, we are in our early 40's, and it is a very comprehensive plan. There are many plans to chose from, many at an ever lower cost. I hope this information helps.

  • @suebowman7258
    @suebowman7258 Год назад +6

    This is an awesome and helpful video!

    • @livinginLisbonPortugal
      @livinginLisbonPortugal  Год назад +1

      Thank you Sue. I’m glad you are enjoying the content. We are looking forward to share our real perspective on what is like to live in Lisbon and Portugal.

  • @tomm8111
    @tomm8111 8 месяцев назад

    Where to live as a student with a budget of 600€ per month?

  • @donnydoit7678
    @donnydoit7678 Год назад +2

    3 bedroom 2.5 million in Portugal is ridiculous. Something will give, usually a real estate crash.

    • @livinginLisbonPortugal
      @livinginLisbonPortugal  Год назад +1

      Thanks for watching our channel and for your comment. It’s is one one those things, multimillion dollar T3 properties are available anywhere in world, it it not unique to Portugal, there are still many T3 available for under 500k, one chooses what is within budget. That’s just my opinion.

  • @steveaustin4098
    @steveaustin4098 Год назад +1

    Might be interested in relocating to Portugal ,is it possible to do on 2000 usd a monthly must have ac for at least the first year PS. have a beer drinking habit,.pss. Thanks for the great presentation

    • @livinginLisbonPortugal
      @livinginLisbonPortugal  Год назад

      Hello Steve, you can definitely live in Portugal well for 2000 usd a month. Please feel free to schedule a zoom meeting so we can further discuss the idea. Cheers,

    • @steveaustin4098
      @steveaustin4098 Год назад

      @@livinginLisbonPortugal did you receive my email ?

    • @livinginLisbonPortugal
      @livinginLisbonPortugal  Год назад

      @@steveaustin4098 good day Steve. Thanks for reaching out to check if I have received your email. Unfortunately I have not received it. Could you kindly re-send the email to eddie@ricartirealestate.com or schedule a zoom at calendly.com/livinginlisbonportugal/30min.
      I apologize in advance for the inconvenience and look forward to hearing from you.
      Best regards,

    • @livinginLisbonPortugal
      @livinginLisbonPortugal  Год назад

      good day Steve, are you still trying to get a hold of us? We have not received your email or request for a meeting. If you share your email we can contact you directly of if you could you kindly re-send the email to eddie@ricartirealestate.com or schedule a zoom at calendly.com/livinginlisbonportugal/30min.
      I apologize in advance for the inconvenience and look forward to hearing from you.
      Best regards,

  • @Tomatrix
    @Tomatrix Год назад

    What about "Margem Sul"? Is it more affordable than Lisbon in the south?

    • @livinginLisbonPortugal
      @livinginLisbonPortugal  Год назад +1

      Hello and thanks for your comment. Yes, we do work with many families in the margem sul as you will get much better prices there for both renting and buying. As a rule of thumb, the farther you go from central Lisbon the more affordable it becomes, with the exception of Cascais with its prices very similar to Lisbon. I hope this information helps.

  • @MrRobcher
    @MrRobcher 8 месяцев назад

    Lisbon is now the playground of the rich investors and not for locals anymore.Its easy for a chinese or american to overpay for damp houses.Its this the reason why rich foreigners are hated in portugal

  • @alanmartins6349
    @alanmartins6349 Год назад +1

    $400 a person for a high end restaurant? Portugal has become stupid. Wait you pay 10% of a surgery? Some surgeries are over 100k and you'll have to pay 10 k yourself? You're kidding?

    • @livinginLisbonPortugal
      @livinginLisbonPortugal  Год назад +2

      Thank you for watching and for your comments Alan. Regarding the restaurant costs we also mentioned on the video one can eat well for 10 Euro, for those who enjoy Michelin starred restaurants they have options, but of course most people don't spent 400 at dinner, but it is amazing that the city have so many options to cater to all tastes and budgets, and for our personal private insurance you pat 10% if you need a surgery, and that is capped at 2500 Euro, one should look into their options before choosing an insurance provider, and lets not forget there is a good public health system available as well. Portugal is a beautiful country and it is a privilege to have the options we have here.

    • @alanmartins6349
      @alanmartins6349 Год назад

      @@livinginLisbonPortugal Thanks for the reply

    • @alanmartins6349
      @alanmartins6349 Год назад +1

      @@livinginLisbonPortugal Yes, Portugal is wonderful I was born in Terceira been in the US since I was 7 plan on returning home to retire in the next two years. Where ? Is the headache so many cities to choose but it looks like the Algarve is in the lead.

    • @livinginLisbonPortugal
      @livinginLisbonPortugal  Год назад +1

      @@alanmartins6349 that’s great Alan, Portugal is definitely an amazing country to retire, my mom also lives in the USA and is planning to move to Portugal in the next couple of years when she retires.
      We help many people just like you trying to figure out where to move to in Portugal, and would be happy to work with you from the early stages of your move, including proving guidance as to where to move to. When you are ready let us know and we will be happy to help.
      Have a lovely Sunday,

    • @davidnebadze5891
      @davidnebadze5891 Год назад

      100K surgery would be in USA, I do not think is cost that much in EU

  • @Winstonbfit
    @Winstonbfit Год назад +1

    It’s not affordable if you wanna live on less than 1,500 dollars a month

    • @livinginLisbonPortugal
      @livinginLisbonPortugal  Год назад

      That is correct, if you are looking for good quality of living 1500 dollar a month is unlikely to be enough, specially if you want to have your own place. It is important to note that the same would be the reality in most, if not all, European capitals.

  • @Carolinapetroska
    @Carolinapetroska 11 месяцев назад +1

    Expensive

    • @livinginLisbonPortugal
      @livinginLisbonPortugal  10 месяцев назад

      Lisbon can no longer be considered a cheap city to live, it is much more affordable than other large cities in Europe, by much. But for anyone looking for cheaper there is much more to chose from in this beautiful country.