Locals in trendy Lisbon face eviction with tourism and celebrity boom

Page created: Thursday, 19 October 2017 15:04 GMT

Eviction  Housing Boom  Lisbon  Locals  Tourism

As Lisbon has transformed from a sleepy backwater to one of Europe’s hottest tourist destinations, critics say locals are being squeezed out of their own city by an international elite.

Pop singer Madonna and film stars Monica Belluci and Michael Fassbender are among a growing number of foreigners said to have bought property in Lisbon in the past year.

Rents have risen briskly as demand rises and landlords shift to lucrative short-term rental services like Airbnb.

Locals earning Portugal’s monthly minimum wage of 557 euros say they are being priced out of neighborhoods that they have lived in for decades. Da Cunha, who was paying 220 euros a month, said she cannot afford anything on today’s market.