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Monthly Archives: April 2017

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Tourist lets only with licensed properties

As of 01 July, online letting platforms such as AirBnB and Booking can only list properties duly  licensed in the National Tourist Registry. The obligation to enroll is part of a simplex initiative known as “Simpler Tourist Licenses”. With the new regulation, the Government intends to avoid unfair competition between property owners and tour operators as well as strengthen compliance.

Tax Office to offer direct debit

The Tax Office (AT) is working on a system which will allow taxpayers to pay their taxes by direct debit with a simple payment order. This “Simplex” measure should be available by the end of 2017. The expectation is that the “IUC” road tax and the “IMI” property tax will be the most likely candidates for this method of payment. They are the basis  of many fines for delays due to taxpayer forgetfulness

Local Lodging continues to grow in Lisbon and Porto

Lisbon and Porto saw the number of properties registered in the local housing increase by 3,400 and 1,300 respectively in 2016. In a new trend, the largest growth took place outside of the historical neighborhoods, where the supply doubled. Lisbon closed 2016 with 6,800 registrations, twice as many as it had in 2015. Of the 13,000 new registrations nationwide, many were due to legalization of irregular situations that already existed rather than brand-new offerings.

Local Lodging (“AL”) is the source of livelihood for 60% of Lisbon owners

In almost two-thirds of cases, Local Lodging (“Alojamento Local”) is the main economic activity for Lisbon homeowners who choose to let holiday accommodations to tourists. This is one of the conclusions of the study on “AL” offerings in the Portuguese capital that was developed by the Higher Institute of Labour and Business Sciences (ISCTE). According to the same study, almost 86% of “AL” offerings are in apartments.

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