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2023:37% rise in rental costs due to digital nomads and population protests
Several thousand people protested in Lisbon and other cities in Portugal in March 2023 to express dissatisfaction with the housing crisis. The cost of rent in 2022 increased by 37% - more than in Barcelona and Paris. Lisbon was recognized as the most attractive city for "digital nomads."
2021: Average monthly rent for a one-bedroom apartment in central Lisbon - $982
Digital nomads
2022: Lisbon, Miami and Dubai top hybrid executive jobs rankings
Lisbon, Miami and Dubai top the hybrid job rankings for executives traveling the world.
For that wave of executives who have become "digital nomads" during the pandemic, there is no place more hospitable than Lisbon.
According to Savills, presented in April 2022, the Portuguese city is the best for senior employees working remotely. The sunny climate of the Portuguese capital and the low cost of living has led to an influx of residents who can now go to work from anywhere.
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