Alojamento Local prices skyrocket 30% and revenues already surpass 2019
Rising prices and demand from tourism have helped recovery since April. Although the number of tourists is still below pre-pandemic levels, ‘alojamento local’ (local lodging) revenues are recovering, and the
AL bombshell under government evaluation
Supreme Court decision on AL needs clarification, says association The potentially explosive decision by the Supreme Court which considered habitational buildings (apartment blocks/ condominiums) cannot be used for âalojamento localâ
Hotels, âpousadaâ inns and AL properties offer 4,500 new beds this year to university students
Hotels, âpousadasâ and even AL (alojamento local) properties have signed up to an initiative to provide university students with much-needed accommodation in this virus-blighted new academic year. The government has
Alojamento Local: holiday rentals sector goes from âgolden gooseâ to âtoxic assetâ
AL, standing for Alojamento Local – the holiday rentals regime that has been a driving force in property investment since 2014 – has suddenly lost its allure. In March, new
Alojamento local (officially) holds 45% of available beds in Portugal
The true extent of alojamento local (privately rented holiday properties) may never be known, but the official data is already pointing to the sector holding 45% of available holiday beds
New hiccup further complicates âAlojamento Localâ legislation
Created a year ago by the outgoing government to encourage so-called black-market holiday home rentals to âcome on boardâ, the âAlojamento Localâ law is now under fire from all directions.
New Alojamento Local shock rattles Monchique renters
A new shock in the small print of legislation governing âAlojamento Localâ (Local lodging houses) is reverberating through Monchique, and prompting more and more operators to âgo undergroundâ. In simple