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CDS party wants to distinguish between individual and multiple Local Lodging operators
The centrist party has presented a draft resolution to the legislature, recommending that the Government distinguish between occasional vs permanent provision of AL services. This suggested distinction preserves the notion of periodic operation of one’s principal residence and / or secondary residence. Under the proposal, the total number of properties under management should not exceed two.
Home Ownership in Portugal: “Land rich, cash poor”
Local Lodging has the potential to unlock untapped financial resources from home ownership. Three out of four Portuguese nationals own their own homes (74.9%). Portugal ranks well ahead of many wealthy countries in Europe and around the world in home ownership: Sweden (70.6%), the Netherlands (67.8%), Canada (67.9%), USA (64.5%), France (65%), UK (63.5%), Germany (52.5%) and Switzerland (44.5%). Accentuating these statistics is the fact that multiple home ownership is commonplace in Portugal.
