[binaryapparatus]

Two+ years in Algarve, with registered activity and paying all the taxes here. Having foreign income all my taxes fall within sweet NHR regime. Can't say anything bad about bureaucracy, with proper lawyer help it is slow-ish but very decent process.

Lease prices are driven by taxes and tourism, short term (AL) accommodation is taxed at 6%, long term lease contracts go from 30% (for 1+ year contracts) down to 10% (for 10+ years contracts). Obviously landlords are pushed into short term accommodation which creates lack of long term offers. Matter of getting taxes more fair over long/short term categories would fix the market immediately.

Quality of life and nice people are above anything else so I wouldn't change a thing from this current setup.