With wintertime coming, many property owners may want to take the easy road and accept long term rentals (more than 30 days) from tourists who wish to enjoy the Portuguese climate during the winter.
This is not Local Lodging but long term rental. A written contract has to be drawn up and registered with the TAX Office. Owners under the age of 65 have to issue monthly electronic receipts. All owners have to send a Summary to the Tax Office after the period has finished. In the tax declaration, this income will be declared under Category F, with a tax rate of 28%, In this case, certain costs can be deducted.