Property in Portugal – A Quick Guide to Purchasing
All rights reserved. © Roger Warwick BASIC DECISIONS & PREPARATION Decide which kind of property In Portugal, properties are mostly classified by the number of bedrooms. You will see apartments classified as T0, T1, T2, etc....
Property Renting – A Quick Guide to Rentals in Portugal
All rights reserved. © Roger Warwick (Version 1.5) Based on the “Novo Regime do Arrendamento Urbano” legislation and the Portuguese Civil Code, as applicable on the date of this document. BASIC DECISIONS FOR OWNERS Decide which kind of rental In Portugal, there are...
Alojamento Local – A Quick Guide to Tourist Rentals in Portugal
All rights reserved. © Roger Warwick. Version 1.9b Document based on Decree-Law Nº 128/2014 from 29th August, updated by Decree-Law Nº 63/2015 from 23rd April, Decree-Law Nº 62/2018 from 22 August, and Ordinance n.º 262/2020 from 6th de November. NOTE: This document...
Average house rental value of new lease agreements increases 11.0%
Median house rental value of new lease agreements increased 11.0% and the number of new lease agreements decreased -1.2% compared to the same period of the previous year – 2nd Quarter 2023
MAIS HABITAÇÃO: THE NEXT STEPS
Now that Parliament has approved the Mais Habitação program for a second time, the President of Portugal is required by law to officially approve the text, which will eventually be published in the Diário da República and come into effect one day after publication,...
ALEP RESPONDS TO THE APPROVAL OF THE MAIS HABITAÇÃO PROGRAM
Here follows an automatic translation of the latest ALEP newsletter, sent today in response to the Government approval of Mais Habitação: "Dear Associates, Despite the historic mobilization of the sector, all the support and allies we got in this fight, the criticism...
PARLIAMENT APPROVES MAIS HABITAÇÃO PACKAGE AGAIN
Portuguese Parliament (Assambleia da República) today approved the "Mais Habitação" program for the second time, after the President had vetoed it late August. The package was approved with only with the vote of the PS. The PSD, Chega, the Liberal Initiative, the PCP...
GOVERNMENT MEETINGS TO DECIDE RENTAL INCREASES
The Government announced this Saturday that it will meet with trade unions, tenants', owners' and consumers' associations (DECO) regarding the increase of rents for 2024 and the rules for "old rents" contracts from before 1990. The meetings are planned for 21st and...
GOVERNMENT WILL LIMIT RENT INCREASES
The Prime Minister, António Costa, stated today that the Government is thinking about establishing a legal limit on increases for the monthly rents of long-term rental contracts in 2024, as has been expected for some time. We have already reported on this blog that...
SUMMARY OF THE MAIS HABITAÇÃO MEASURES
A summary of the measures for ALOJAMENTO LOCAL in mainland Portugal, approved by the Portuguese Parliament on July 19th 2023, as part of the Mais Habitação program.
RENTAL INCREASES OF 6.94%?
The INE (National Institute of Statistics) released today the official rates of inflation, one of which is the annual increase of rents coefficient.
Special Alojamento Local Tax (CEAL)
Summary of how the CEAL (Contribuição Extraordinária sobre o Alojamento Local) tax will be applied to AL’s
Where Does AL Stop and Long-Term Begin?
This was a question that came up in another group, and is confusing for many. Many people believe that the boundary is 1 month, but then someone posted the comment that "Anything under 3 months is considered a holiday rental." So what does the law say about the...
