When people look for the best resorts in Portugal for couples for Valentine's Day, it’s usually about ease rather than excess.
There is good news for investors in short-term rentals in Portugal (known in Portugal as AL or Alojamento Local). Despite challenges such as rising operating costs and growing regulatory uncertainty, this sector of the country’s tourism industry grew over the summer and remains stable this autumn.
The Portuguese government, led by Luís Montenegro, has introduced a new category called “moderate rent”. This has attracted a lot of attention because landlords who rent homes for between €400 and €2,300 per month can get tax benefits, such as a lower income tax (IRS) rate — reduced from 25% to 10%.
It is called Joivy and is defined as "the first multi-purpose residential platform in Europe that combines long and short-term residential solutions with a wide range of services for owners and investors".
The incentive to change Local Accommodation (LA) houses to traditional rentals is one of the measures provided for in the controversial Mais Habitação (More Housing) programme, which was vetoed by the President of the Republic and will be reconsidered in Parliament on 21 September 2023.
Two out of every three local accommodation units (know in Portugal as AL) in Lisbon correspond to "ghost licences", as only a third of them are currently active and performing any sort of tourist activity, according to data from a report on the sector released by the City Council at the end of Febru
When you think about Portugal, there are a few things that might spring to mind: Lisbon, Porto, and the beaches of the Algarve for example. However the big cities and the tourist-magnet beaches are far from the only thing that Portugal has to offer.
In recent years, until the pandemic, Portugal's short-term rental market (known as Alojamento Local or AL) had been a strong driver of the national economy and of the rejuvenation of the housing stock.
The COVID-19 pandemic is still very much amongst us, but thanks to the high vaccination rate and the use of the digital certificates, people have more and more freedom to pack their bags and go on holiday.
Summer is here and if you haven't started yet, it's time to get thinking about the holidays, and for many people, a trip to the beach. Beaches across the world can be awarded a Blue Flag if they meet certain international standards when it comes to things like safety, water quality, facilities
When we choose a holiday destination we immediately think of where we will be staying. A hotel may seem like the obvious option, but these days there are many more alternatives.
Camping isn't what it used to be. Now there are even more options, some not so traditional ones and some more glamorous ones.
Living in an apartment block isn’t always easy, especially these days when permanent residents and tourists mix in the same building. Strange faces walking around can sometimes scare people and the condo in general may want to start controlling who enters and exits the building.
Portugal’s tourist accommodation business is booming, with short-term tourist lets becoming ever more profitable and popular.
Renting an apartment in Lisbon is more expensive than it was a year ago, but the rise in prices is slowing down. In the second quarter of the year, rental prices in the Portuguese capital rose by 1.8% over the previous quarter and by 17% in counterpart terms.
Portugal is in fashion and is increasingly becoming a holiday destination of choice.
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