Short-term rentals in Portugal resist seasonality and remain stable in autumn
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.
Moderate rents up to €2,300 cover more than 80% of homes in Portugal
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%.
The "1st multi-purpose residential platform in Europe" starts up in Portugal
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".
LA: only 13% of homeowners consider putting houses on the traditional market
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.
Empty Local Accommodation in Lisbon: 2 out of 3 have no activity
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
The most beautiful towns in Portugal to visit in 2023
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.
Are Portugal's "Alojamento Local" holiday rentals coming to an end?
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.
Holiday rentals in Portugal: how to make your holiday home stand out and make money
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.
The best Blue Flag beaches in Portugal in 2021
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
7 reasons to choose local accommodation when travelling in Portugal
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.
For sale: a luxury mini house with sea views in the heart of Portugal for 72,000 euros
Camping isn't what it used to be. Now there are even more options, some not so traditional ones and some more glamorous ones.
Can the concierge or doorman request ID from people entering or leaving my apartment building?
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.
Tourist rentals: get tax deductions on the fee you pay to booking websites
Portugal’s tourist accommodation business is booming, with short-term tourist lets becoming ever more profitable and popular.
The increase in rental prices in Lisbon slows down (but are still at their highest for eight years)
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 at the forefront of Tourist Lets and the concept of Home Staging
Portugal is in fashion and is increasingly becoming a holiday destination of choice.