Rental income in ponta delgada

Last activity 19 January 2023 by JohnnyPT

112 Views

1 replies

Post new topic

pscarsonMember19 January 2023 17:32:04

Does one have to claim 100% of all the rental income? We could make about 6.000,00 annually and will be spending 6 months there. We will only rent rooms in the basement and will live upstairs when we are there. Is it adviceable to rent rooms on the main floor?

Does anyone use smart home keyless entry locks? Are they super secure?? Appreciate any input and advice.

JohnnyPTPortugal Expert19 January 2023 19:20:20

4395

Rental income in Portugal, must be declared in your income tax declaration in Portugal (declaração anual de IRS), and is taxed at a rate of 28%.

Regarding the other questions, it is similar in Portugal to what you would do in Canada.

Some remarks on Rental/Lease Agreement/Contract

https://www.expat.com/forum/viewtopic.p … 93#5075332

(Posts #9 ... #12)

Articles to help you in your expat project in Portugal

Buying property in Portugal
If you've lived in Portugal for a while and plan to build a future in this country, you may want to explore ...
Buying property in Porto
In the last decade, Portugal has become an important destination for culture and investment in Southern Europe. ...
Accommodation in Lisbon
With a thriving expat community, a rising yet still manageable cost of living (for Western standards) and a ...
Accommodation in Porto
Considered Portugal's second-largest city, after the capital of Lisbon, Porto is home to over 230.000 people ...
Accommodation in Portugal
As you are planning your move to Portugal, one of the key things that you will need to decide is where you are ...
Renting options in Porto
Over the past few years, rent prices in Porto have been soaring. As the city's popularity grows among tourists ...
Neighbourhoods in Porto
Most people visiting Porto for the first time spend most of their time exploring the downtown, and the same thing ...
Buying property in Lisbon
So, you are finally in Lisbon! You have a flat, a job and your life is moving forward quickly. Well done! But if ...