UK News

Portugal: Flats in Lisbon earmarked for low-income families as tourism plummets




Property prices in the Portuguese capital Lisbon have risen by more than 60 percent in just three years, with many apartments used mainly as holiday rentals. But now, with a major drop in tourists due to the Covid-19 pandemic, these flats are empty and the city authorities are hoping to convince landlords to rent them out to low-income families, who have largely been priced out of their own city. Our correspondents report on the programme known as Renda Segura.



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