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Lisbon landlords cry foul over 32-euro rent from century-old freeze

Govt wants to extend for five more years rent-control rule due to expire in 2017

UNDER CONTROL: The Lisbon Property Owners' Association estimated that as many as 255,000 leases are still subject to controls, many of which may qualify for the new five-year extension.


JOAO Anastacio is fed up with collecting rents as paltry as 32 euros (S$49) a month on some of his Lisbon properties.

But that is what he may have to do as the Portuguese government seeks to extend for five more years a century-old rent-control rule that was set to expire in...

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