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What is the risk of losing local accommodation licences in Lisbon?

Approximately 75% of local accommodation licences in Lisbon are currently at risk of being cancelled, primarily due to the new 'More Housing' programme. This regulation compels property owners to provide proof of activity by December 7 to prevent automatic cancellation of their licences. With only 23.6% of the necessary renewal applications submitted, property owners may face significant consequences if they do not act swiftly.

Wednesday, 06 December 2023 - Fiscal
What is the risk of losing local accommodation licences in Lisbon?

As the ‘More Housing’ programme comes into force, property owners with active LA licences have a window of two months — which ends on December 7 – to deliver a proof of activity document or face their licences being cancelled automatically by municipal councils.


In Lisbon, out of a total of 20,033 active licences, only 4,730 applications for a proof of local accommodation document have been submitted according to Lisbon City Council. In other words only 23.6% of the renewal applications have been handed in.
In Porto there are less registrations under threat. Out of a total of 10,520 active licences on the National Local Accommodation Registry to November 30, 6,041 applications for proof of activity were delivered (57%) but just two weeks prior, only 1,300 had been handed in.


Under new regulations for LA within the ‘More Housing’ programme, all active licences that are cancelled will be prevented from being revalidated at least until 31 December.
In other words, up until this date new local accommodation licences will be suspended with the exception of hostels and guest houses and LAs in the interior of Portugal, Madeira and the Azores.
Also not included in this suspension are local accommodations in which the proprietor actually lives provided that the owner does not rent the property out for more than 120 days per annum.

 

By Fernando Caetano, Posted 4 Dezembro, 2023 In Local AccommodationNews

 

 

Source: https://www.essential-business.pt/2023/12/04/75-of-local-accommodation-licences-in-lisbon-at-risk-of-being-cancelled/

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