Welcoming Fall 2022
3 years. Are we back to “normal?”
The world was plagued by Covid, which we hope is far behind us. 3 years ago we started the school year in 2019, all optimistic about what lay ahead. Then around Christmas time, we start hearing about this virus in China and hospitals being built in no time, and the world wondered about what is it and what the heck is going on?!
Then crisis struck. Students that had just arrived for their spring semester in February 2020 were the unlucky ones, having just landed, realized that they would now have to remain indoors for the time being until further notice. Airports were closed and airlines grounded their fleets. Parents worried like crazy. It all seemed surreal. It was surreal!
As a landlord, I didn’t quite know what to tell people what to do. How could I know? No one knew. There was such contradicting research. Some students were wanting to go home but couldn’t and others thought they would ride it out here in Porto. Some students returned home, but kept their rooms because there was hope that it would all be over in a flash…
Well, here we are, about 30 months later. And now everyone is thrilled to be FREE again! Aren´t we all?! Everyone wants to move on with their lives and we all have the right to! Students, mostly foreign exchange, are getting ready to flock to Portugal to do their foreign exchange program, via Erasmus. Others are just looking to come here for the sun, surf, and party life. Whatever the reason, all are welcome.
There has been an avalanche of room inquiries and bookings have been record-breaking and we haven’t even reached September yet when most students begin their planning for the upcoming semester. Unfortunately, these students will not have much to choose from in terms of rooms. Everything filled up quickly this year, in our case, by July, give or take a few that have had to leave or had a change of plans.
Inflation Crisis
One unfortunate event for 2022, was the war in Ukraine. This brought about higher energy costs and overall higher costs, hence, inflation. Inflation is on the rise and this has brought about some adversity for some. Rents have soared, something as a landlord, I try to control and keep at competitive rates. Nonetheless, given the present situation, energy and utility prices are up for us quite a bit, and this cost has to be passed on to the consumer.
And even when the war ends (we all hope for soon), bills and inflation will continue high, which means rent prices will probably stay at this new level. This makes it harder for lower-income tenants to be able to afford to live in Portugal. It may be a shot in the foot for everyone doing business in Portugal if there is not some easing up on costs from all participating industries.
Putting the negative economic aspect aside, let’s look forward to a great school year in 2022/2023, and welcome everyone to Porto. As a landlord, I ask you all to keep in mind, safety first above all else. I am always here to assist you or help in any way I can, both on a professional or friendly level.
A Complete Guide for Students Searching for a Room in Porto, Portugal
Finding a room in Porto, Portugal, can be an exciting yet challenging process, especially for students who are moving to this vibrant city to pursue their academic goals. Known for its rich culture, stunning landscapes, and dynamic student life, Porto is a city where the demand for rental spaces often exceeds supply, particularly at the start of each semester. Whether you’re a first-time student or coming back for another year, here’s everything you need to know about searching for a room in Porto.
The key to securing a good room in Porto is to start your search early. Typically, students start looking for accommodation months before the semester begins, especially for the fall intake. Rooms can be rented out quickly, so it’s important to begin your search 2–3 months in advance to have a variety of options.
Porto has a number of neighborhoods that are student-friendly and close to major universities, public transportation, and vibrant social scenes. Here are some areas that are particularly popular with students:
When searching for a room, students typically have a few options:
Rent prices in Porto vary depending on the location, size, and condition of the room or apartment. On average, expect to pay between €200 to €400 per month for a room in a shared apartment. For student residences, the price may range from €350 to €500 depending on the services provided. If you're located in a more central or upscale area like Baixa or Foz do Douro, rents can go up, especially for private rooms.
When calculating your budget, remember to factor in utilities (water, electricity, internet, and gas), which are often additional costs. Many rental listings will indicate whether these are included in the price, but it's always a good idea to ask.
There are several platforms and websites where students can search for available rooms in Porto:
Before signing a rental agreement, make sure to carefully review all terms, including:
Once you've found a room and signed the contract, here’s what you’ll need to know before moving in:
Finding a room in Porto may seem like a daunting task, but with a little research, preparation, and flexibility, you’ll be able to find the perfect place to call home. Starting early, using reliable platforms, and knowing the key neighborhoods will make the process smoother. Porto is an exciting and affordable city for students, and with the right accommodation, you’ll be able to enjoy your time there to the fullest. Happy house hunting!
Headquarters: Rua Diogo Cão 1439, 1
Porto, 4200-259, Portugal
Telefone: +351913193847 (Local/National call in Portugal)
Accounting - Certified Public Accountant (CPA)
Sandra & Amelia - Contabilidade Lda
Rua da Portelinha 436, 4510-638 Fânzeres Portugal
+351 22 485 6390 (Local/national call in Portugal)
Legal Information:
Rui Garrido Pereira (Attorney)
Rua Alfredo Cunha, 181, 1 dto centro, 4450-02 Matosinhos
Portugal
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