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2020-05-28
Porto: News on LA, Lease and Investment Incentive

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On the 18th of April 2020, the Municipal Assembly of Porto approved two measures of special significance on Local Accommodation and Lease, and also decided the first amendment to the Municipal Tourist Tax Regulation.

These measures consist of the following:

LOCAL ACCOMMODATION

It was decided to revoke the procedure with a view to approving the Local Accommodation Regulation in Porto, thus abandoning, at least at this moment, the initiative to establish new rules applicable to the registration of local accommodation establishments, as well as to define criteria to condition the registration of local accommodation in certain tourist areas of the city.

Within the scope of this resolution, the maintenance of the existence of containment areas for local accommodation establishments was also revoked, which means that the suspension of authorization for new registrations of local accommodation establishments in these areas is no longer in force, and it is again possible to register local accommodation establishments in the city of Porto without territorial limitations.

 

Learn more on our flashnews below.