The supply of 'serviced apartments' is increasing in Portugal as part of a broader European trend in the hospitality sector where hotels are being converted or developed to offer temporary residential stays.
Why it matters
If you are looking for long-term rental housing, this shift in the hotel industry signals a growing move toward temporary accommodation, which may impact the availability of traditional residential properties.
Your quick shot of what's changing in Portugal and affecting your status, your home, your money, and whatever might disrupt your day. Short and clear updates, gathered from Portuguese sources.
The consumer association DECO PROteste has proposed the creation of a support fund to pay up to six months of rent for tenants facing temporary financial difficulties. The proposal includes a mechanism for families to repay the support over time, aimed at preventing evictions and homelessness during crises.
The consumer association Deco has proposed 18 measures to the government to address the housing crisis, including a temporary three-year rent cap on new contracts in high-pressure areas and the creation of a Rent Guarantee Fund to cover up to six months of arrears for tenants in need. Other proposals include raising the annual IRS tax deduction for rents to 1,000 euros starting in 2027, creating mandatory mediation before evictions, and publishing a list of vacant state-owned properties slated for affordable housing.
The Iniciativa Liberal party has presented a 24-measure package aiming to address the housing crisis by quadrupling construction, cutting VAT on construction and rehabilitation to 6%, and offering temporary tax exemptions on capital gains. The proposal also includes ending rent freezes, revoking the AIMI tax, and creating a digital portal for automatic urban pre-licensing.