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Airbnb dominates Local Lodging market in Portugal

The Local Lodging giant reports that it currently lists 32,000 properties in Portugal. In Lisbon alone, Airbnb offerings surpass 12,000. Of these, 70% are peer-to-peer (a single listing from a sole operator) while the remaining are multiple offerings from commercial operators.

Local Lodging in Spain

Local Lodging offerings in Madrid outpace Lisbon by ten fold. The Spanish capital currently has over 210,000 listing and continues to grow. Local Lodging yields are almost 50% higher on average than conventional long-term lets.

“Recibos verdes” in electronic format

The AT has clarified that “Recibos Verdes” for local lodging accommodation are only to be done in electronic format. It is not compulsory to have receipt books printed. Tourists who want to have an official receipt, can be given a hard copy of the electronic invoice produced within the AT System.

Local Lodging in Spain

Local Lodging offerings in Madrid outpace Lisbon by ten fold. The Spanish capital currently has over 210,000 listings and continues to grow. Local Lodging yields are almost 50% higher on average than conventional long-term lets.

Airbnb offers free liability insurance

Portuguese property owners who rent out their unit via Airbnb now have the advantage of a free liability .insurance, covering their Airbnb guests in case of accidents. The insurance scheme, now covering 16 countries, came into effect on Oct 22nd for Portugal. AirBnB customers do not need to take any action to be covered.

Utility meters in Local Lodging

When building or buying for local lodging purposes, in a combination of letting and own use, it is advisable to install separate utility meters for each unit. Service providers may want to apply a commercial tariff to LocaL Lodging. With separate meters, the owner’s private unit is not affected by the commercial tariff.

AL number placement

Home owners who advertise with online service providers need to make sure that their AL number is visible: If the service provider does not offer a separate field for this important information, it is best to add it to the property name: eg. “Villa Diana – AL 33756”.

EcoTax in S. Cruz (Madeira)

S. Cruz  Council on Madeira Island is working on a plan to install an EcoTax for tourists in their district, “to implement significant improvements in terms of the council’s territory and environment”.

According to the plan’s introduction made in Lisbon in September, the tax would be applied only to hotels and be based on the number of nights sold.

Internet booking agencies praise Portuguese “AL” legislation

The Portuguese weekly, “Expresso”, reports that the principal internet booking agencies view positively Portugal’s new law governing Local Lodging. This recent legislation regulates private homes when renting out homes to tourists, an activity previously stigmatised as being part of the underground economy.

Local Lodging with Meals

The Local Lodging Regime also encompasses establishments that serve breakfast (Bed & Breakfast) as well as other meals if so desired. Hosts may also offer an in-house bar to their clients as long as is not open to the general public.

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