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HOW TO CONFIRM THE AL ACTIVITY AS REQUIRED BY THE MAIS HABITAÇÃO LAW

HOW TO CONFIRM THE AL ACTIVITY AS REQUIRED BY THE MAIS HABITAÇÃO LAW

by LisbonApartments.com | Nov 14, 2023 | Alojamento Local, Fiscal, Mais Habitação

As most of the AL owners who follow this blog already know, and as we already indicated here it is necessary to confirm the AL activity before 7th December 2023, two months after the Mais Habitação law came into effect, otherwise the local council could cancel the AL...
OLD “RENDAS ANTIGAS” RENTAL CONTRACTS MAY BE UPDATED

OLD “RENDAS ANTIGAS” RENTAL CONTRACTS MAY BE UPDATED

by LisbonApartments.com | Nov 2, 2023 | Fiscal, Owners, Rentals, Tenants

For the first time in 10 years, frozen rentals, or “rendas antigas”, which are defined as being rentals from before 1990, may be updated using the yearly rental increase coefficient published by the statistics institute, INE, which is 6.94% for 2024. A...
TEMPLATE OF LETTER TO INFORM TENANTS OF RENTAL INCREASE

TEMPLATE OF LETTER TO INFORM TENANTS OF RENTAL INCREASE

by LisbonApartments.com | Nov 2, 2023 | Fiscal, Owners, Rentals

The first link below allows you to download an example letter which can be used to inform your tenants of the legal increase in rent for residential contracts, and the second link shows the official notice of this yearly increase published in the Diário da República....
IRS INCOME TAX RATES FOR LONG-TERM RENTALS IN PORTUGAL

IRS INCOME TAX RATES FOR LONG-TERM RENTALS IN PORTUGAL

by LisbonApartments.com | Oct 27, 2023 | Fiscal, Mais Habitação, Owners, Rentals

The Mais Habitação housing law, Lei N.º 56/2023 de 6 de outubro, wrought major changes in the housing market, especially concerning Alojamento Local and long-term rentals. One of the biggest changes is in the tax rates for individual owners (not companies) applied to...
CAPITAL GAINS TAX IN PORTUGAL FOR PROPERTY SALES

CAPITAL GAINS TAX IN PORTUGAL FOR PROPERTY SALES

by LisbonApartments.com | Oct 27, 2023 | Alojamento Local, Fiscal, Mais Habitação, Owners

DISCLAIMER: This post is intended as general information and as a guideline. We are not tax lawyers or accountants, and we highly recommend consulting a tax specialist before making any decision regarding capital gains. The recent Mais Habitação housing law has...
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