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Cost of long-term rentals continues to rise nationwide
In the first six months of 2019, new lease agreements were 9.2% more expensive as compared to the same period last year. The price per square metre went from €4.80 to €5.00 in the first semester. At the same time, fewer families were able to find long-term rental accommodation. Data published by the National Institute of Statistics (INE) reveal that the number of new contracts fell by 10.5%.
How to pay the new Municipal Tourist Tax in Lisbon
- Registration
The Owner/Operator must register on the “Lisbon Electronic Platform” (“Plataforma Eletrónica”) by 31 January 2016 at https://tmturistica.cm-lisboa.pt/RegistoEntidade
- Form
The Owner/Operator will subsequently receive the Settlement Form (“Formulário de Autoliquidação”). This Form should be saved and reused in monthly reporting.
The Form should be completed and sent to the Lisbon Municipality by the 15th following the month reported.
- Cost
The fee is €1 per night per person up to a maximum of €7 per person (for 7 days or more).
- Payment
Within 2 days, the Owner/Operator will receive a “Multibanco” reference. Payment is due within 10 days. If the Owner/Operator is registered for VAT and pays this tax on a trimester basis, he can opt to pay the Municipal Tourist Tax every 3 months rather than monthly.
- Exemptions
Children 13 years old and under are exempt from this fee. Medical Care: If visitors are in Lisbon for documented medical reasons, they can request exemption.
Note: In the future, when Lisbon Municipal Tourist Taxcoordinated with the “AT” Tax Authority, a reporting box should be created on the Electronic Green Receipts to account for this municipal tax on electronic declarations.
The introduction can be found here
