Main myths about real estate investments in Portugal

Considering Lisbon for a move? Portugal’s capital city offers a number of advantages to Russians, from its warm climate and rich history to its European standard of living and relatively easy adaptation. Lisbon is a city where majestic architecture, breathtaking views of the Atlantic and the dynamism of modern European life meet, intertwined with a measured southern pace. It offers good opportunities for living, business and investment.

In this article we will tell you in detail about life in Lisbon for Russians. Our material will help to thoroughly understand all the details: from the cost of living to the prospects of buying property.

Pros and cons of living in Lisbon

Living in the capital of Portugal has many advantages. Lisbon is famous for its mild Mediterranean climate. In summer the temperature stays between 28-30 °C, and in winter it rarely drops below 10 °C. The city has wide beaches that are open all year round. Lisbon is an ideal place for lovers of surfing and other water sports. The city’s infrastructure is developed at a high level. Metro, buses, trams – all types of transport operate on schedule. Lisbon Airport accepts flights from all over the world, which is convenient for travellers.

The cost of living in Lisbon is relatively low compared to other European capitals. For example, renting a one-bedroom flat in the city centre costs 900-1200 euros a month, and a meal in a middle-class restaurant costs 15-20 euros. The city also offers opportunities for quality education. Study in Lisbon takes place in world-renowned universities such as Universidade de Lisboa and Universidade Nova de Lisboa. There are many international schools with instruction in English, which is convenient for families with children.

The disadvantages of living in Lisbon

The pros and cons of living in Lisbon go hand in hand. The disadvantages include bureaucracy and a lengthy paperwork process. For example, it can take several months to obtain a residence permit (VNG).

Another disadvantage is high income and property taxes. For example, property tax in Lisbon varies from 0.3% to 0.8% per year of the assessed value of the dwelling. Traffic congestion and traffic jams can be a problem during rush hour. The narrow streets of the historic centre are not always suitable for modern transport. In addition, tourists flood the city in the summer, which increases prices for services and rentals.

Peculiarities of buying property in Lisbon

Property in Lisbon attracts Russian buyers due to the variety of offers. In the city you can find both old flats with high ceilings in the districts of Bairro Alto and Alfama, and modern flats in the Park of Nations. The cost per square metre in the central areas ranges from 4000 to 7000 euros, and in the suburbs you can find housing at prices from 2500 euros per square metre.

Lisbon is divided into the old and new city. The old city has historical architecture, narrow streets and famous trams. The new city offers modern residential complexes, shopping malls and business centres. Buying property in these areas is suitable for investment and personal residence.

How the process of buying a property works

There are several steps required to purchase a home. First, a preliminary contract is signed with the seller. The buyer pays a deposit of 10% of the cost of housing. Then the object is checked for legal cleanliness. After that, the parties sign the main contract at a notary.

The following documents will be needed for the transaction:

1. Buyer’s Passport.
2. Portuguese Tax Number (NIF).
3. Extract from the land registry.
4. A document of the appraised value of the property.

Once the contract is signed, the buyer pays property transfer tax (IMT), which ranges from 2% to 8%. Notary fees and title registration are also required.

How to get a residence permit in Lisbon through buying a property

One of the ways to get a foothold in Lisbon is to participate in the Golden Visa programme. An investor buys a property worth 500,000 euros or more and receives a residence permit for 1 year with subsequent extension. After 5 years, it is possible to apply for permanent residence and, subsequently, for Portuguese citizenship.

The best neighbourhoods in Lisbon to live in

Lisbon is divided into several interesting neighbourhoods for living and investing. Among them stand out:

1. Bairro Alto is the historic centre, famous for its narrow streets, bars and restaurants. A great choice for nightlife lovers and active leisure travellers.
2. Alfama is the city’s oldest neighbourhood with stunning views of the Tagus. It is home to old buildings, fado clubs and cosy cafés. The cost of accommodation is higher than average due to its popularity with tourists.
3. Parc des Nations is a modern neighbourhood with new residential complexes, waterfront and developed infrastructure. A great option for families and investors looking for modern housing.
4. Ajuda is a quiet and inexpensive area where you can find flats priced at 2500-3000 euros per square metre. Suitable for those who prefer to live away from the tourist flows.
5. Cascais and Estoril are suburbs of Lisbon offering luxury villas and flats by the ocean. The cost of real estate here starts from 5000 euros per square metre.

Family neighbourhoods and infrastructure

For families with children, proximity to schools and kindergartens is important. Living in Lisbon with children for Russians is comfortable due to the presence of international schools such as Carlucci American International School of Lisbon and St. Julian’s School. These schools offer programmes in English and a high level of education.

The infrastructure of neighbourhoods such as Oeiras and Almada includes parks, playgrounds and sports complexes. Transport links allow quick access to the city centre.

Features of life in Lisbon for Russians

Life in Lisbon is made easier for Russians thanks to the loyal attitude of the Portuguese towards foreigners. Many locals speak English, which makes communication easier. Portuguese culture combines southern emotionality and European openness.

Russian communities are actively developing in Lisbon. Russian-speaking doctors, lawyers and business consultants work in the city. There are shops with familiar products and cafes offering Russian cuisine.

Language barrier and obtaining documents

Knowing Portuguese makes it much easier to adapt. Language courses are available in language schools and online. In order to obtain a residence permit or permanent residence permit, it is necessary to pass a basic language proficiency exam (A2).

The process of obtaining a visa to Portugal for Russians requires the preparation of a number of documents, such as a certificate of income, health insurance and proof of residence. After moving in, an application for a residence permit is submitted. After 5 years one can apply for a residence permit and subsequently for Portuguese citizenship.

Cost of living in Lisbon

The cost of living is lower than in other European capitals such as Paris or London.

Rental Housing:

1. One bedroom flat in the city centre – 900-1200 euros per month.
2. A two-bedroom flat – 1400-1800 euros.

Products:

1. Bread costs 1 euro.
2. A litre of milk is €0.90.
3. Chicken fillet – 6 euros per kilo.

Transport:

1. A monthly pass is 40 euros.
2. Taxi around the city – 10-15 euros per trip.

Utility payments and taxes

Utilities cost an average of 100-150 euros per month for a 70 square metre flat. This includes electricity, water, gas and internet. Property taxes in Lisbon include an annual IMI tax (0.3%-0.8% of the value of the property). When buying a home, the IMT tax is paid, which is up to 8% of the value of the property.

Conclusion

Life in Lisbon for Russians combines comfort, warm climate and European standard of living. The city offers opportunities for business, investment and quiet living. Moving requires careful preparation, but the advantages – a mild climate, affordable housing and developed infrastructure – make Lisbon an attractive choice for many Russians.

Moving to Southern Europe is a conscious step driven by personal, professional, or investment motives. Against the backdrop of migration trends, the benefits of living in Portugal for foreigners are subject to systematic analysis. Considering the available visa programs, stable economy, mild climate, and welcoming environment, the country emerges as a sustainable immigration destination.

On the other hand, no country is without its challenges: the local job market, healthcare specifics, cost of living, and cultural differences all contribute to the full picture.

Climate and Ecology as Drivers of Attractiveness

The first thing expats notice is the comfortable climate. The southern and central regions of the country are known for moderate temperatures year-round, mild winters, and dry summers. The sea air, abundance of sunny days, and developed network of natural parks all make staying in the country particularly favorable.

In the context of a healthy lifestyle, the benefits of living in Portugal for foreigners are often associated with ecology. Many areas, especially near the Atlantic, are not subject to heavy industry, reducing air and water pollution levels.

Social System and Access to Healthcare

Another factor that determines the benefits of living in Portugal is the healthcare system for foreigners. While state institutions may not always be known for their speed of service, they offer free or partially paid access to most services.

Having a resident card grants the right to use healthcare on par with citizens. Private medical centers offer faster consultations and a wide range of procedures, from family medicine to specialized services.

Education and Children’s Integration

For migrant families, the benefits of living in Portugal are also evident through the education system for foreigners. The country has both state schools with integration based on place of residence and private institutions, including international schools with English-language education.

Moreover, many municipalities develop cultural and language integration programs, facilitating children’s adaptation to the new society. Teaching Portuguese starts from the first weeks, which is especially important for quick socialization.

Benefits of Living in Portugal for Foreigners: Key Factors

To structure the arguments in favor of relocation, below are the main benefits of living in Portugal for foreigners, relevant for 2025:

• mild Atlantic climate and ecologically clean regions;
• access to European education and integration programs;
• possibility of obtaining residency permit when buying property;
• open migration policy and “Golden Visa”;
• high level of safety in most cities;
• participation in European social, medical, and pension programs;
• liberal tax system for new residents;
• presence of Russian-speaking and English-speaking communities in Lisbon and Algarve.

Thus, Portugal becomes an attractive destination for those seeking a combination of comfortable living conditions and European quality of life.

Moving to Portugal: What Minuses to Consider?

Below are factors that may be perceived as disadvantages depending on the expectations and lifestyle of the migrant:

• low wages in traditional economic sectors;
• difficulties in finding housing during high season;
• slow service in state institutions;
• demanding bureaucracy when obtaining residency or citizenship;
• lack of English-speaking staff in the provinces;
• lengthy process of diploma and qualification recognition;
• restrictions on business development without language knowledge.

In other words, while the country offers a high standard of living, potential migrants should be prepared for the fact that adaptation may take from several months to a year.

Cost of Living and Housing: Factors to Consider

The financial aspect deserves special attention. The benefits of living in Portugal for foreigners include access to the European rental and real estate market: with proper planning, one can find housing in a budget segment even in Lisbon. However, rising prices in the capital require prompt action and assistance from a local realtor.

The cost of living in Portugal varies. On average, for a person with moderate needs, 1000–1200 euros per month are sufficient, including rent, transportation, and food. The regions of Alentejo and inland districts are more affordable than the coast.

Real People Reviews and Investment Programs

Reviews from foreigners who have already moved agree on one thing — the country is friendly, peaceful, and suitable for family and retirement living. Investments in real estate are particularly in demand, as they grant the right to residency and generate passive income.

Investors note the simple tax structure, the possibility of legalization through programs like D7 or Golden Visa, and the stability of the banking system. All these factors enhance the advantages of living in Portugal and make the housing market especially active in 2025.

Is It Worth Moving?

Analyzing the benefits of living in Portugal, one can conclude that the country offers a balanced combination of comfort, accessibility, and legal opportunities for foreigners.

The combination of European standards, mild climate, and open visa regime makes it one of the best immigration destinations in 2025. Despite certain difficulties with bureaucracy and language adaptation, the long-term prospects appear stable and justified.