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The centers of Lisbon and Porto remain the most expensive areas to rent a house and rooms do not escape this climb. A GuestReady study found that Avenida dos Aliados and Mouzinho da Silveira Street in Porto are areas that can generate higher incomes for local accommodation owners.
On the Avenida dos Aliados, a two-bedroom apartment can bring up to 150 euros per day, while an apartment in the same conditions in the street Mouzinho da Silveira, also in Porto, can generate up to 140 euros. In Lisbon, in the streets Alecrim and Garrett, the owners of this type of accommodation can reach up to 130 euros per day.
In the more central areas of the two cities, such as Chiado and Baixa, in the case of Lisbon, and the São Bento or Santa Catarina station, in the case of Porto, the daily revenues can reach 120 euros if the apartments are placed on platforms such as Airbnb.
According to the study, the cheapest areas are Rua da Cedofeita, in Porto, where average prices can range from 70 to 85 euros, for one- or two-bedroom apartments, respectively. On the Avenida Almirantes Reis and Largo do Rato, in the capital, the average values are between 70 and 90 euros per day, for one or two rooms, according to the same typology.
With the study in the format of the traditional Monopoly game, Vanessa Vizinha, Portuguese head of GuestReady, says that "the surprising thing about this version inspired by a monopoly is that the price to pay for the field in the board game traditional is almost identical to that of the user I would pay now to spend the night in an apartment. "
The areas surrounding the stations have lower accommodation values, although prices continue to attract tourists to Portugal compared to hotel prices in the same areas. Next to the Campanhã train station in Porto, an apartment can earn 55 euros a day, while in Oriente station in Lisbon it can reach 75 euros.
The Rua Augusta in Lisbon has prices of up to 120 euros for a two-bedroom apartment, and for one, the owner can earn up to 100 euros. In parallel, prices in Silver Street are equivalent to those in Central Street, while in Gold Street, room prices are around 95 euros and two rooms can reach 120 euros.
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