{"id":3024,"date":"2024-11-21T12:13:42","date_gmt":"2024-11-21T12:13:42","guid":{"rendered":"https:\/\/behappyalgarve.com\/new-law-revisions-for-local-accommodation-in-portugal-what-you-need-to-know-november-2024\/"},"modified":"2025-01-10T10:14:45","modified_gmt":"2025-01-10T10:14:45","slug":"new-law-revisions-for-local-accommodation-in-portugal-what-you-need-to-know-november-2024","status":"publish","type":"post","link":"https:\/\/behappyalgarve.com\/en\/blog\/new-law-revisions-for-local-accommodation-in-portugal-what-you-need-to-know-november-2024\/","title":{"rendered":"New Law Revisions for Local Accommodation in Portugal: What You Need to Know – November 2024"},"content":{"rendered":"

The Local Accommodation (LA) market in Portugal continues to evolve, and with the recent changes introduced by the October 2024 legislation, property owners need to be up to date on the new rules that directly impact this activity. Decree-Law 76\/2024<\/a> brought significant changes with the aim of balancing tourism and affordable housing, as well as ensuring more sustainable management of the property market. <\/p>\n

In this article, we explore the main points of this new legislation, the challenges and opportunities for property owners, and how BeHappy Algarve can help you adapt to the changes and maximize the profitability of your investments.<\/p>\n

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Main Updates to the New Legislation<\/strong><\/h4>\n

The new legislation has brought several highlights that all owners should consider when managing or planning to start a Local Accommodation. Here are the most important ones: <\/p>\n

1. Municipality Autonomy<\/strong><\/h5>\n

Municipalities now have greater authority over the management of LA in their territories. They can now define containment areas – zones where the issuing of new licenses can be suspended or limited – as well as sustainable growth areas, encouraging activity in less saturated locations. <\/p>\n

This measure aims to balance the supply of traditional housing and the growth of tourism, especially in areas with greater property pressure, such as large cities and tourist regions, including the Algarve.<\/p>\n

2. Transferable Licenses<\/strong><\/h5>\n

One of the most anticipated updates for property owners was the possibility of transferring local accommodation licenses. This means that, should you wish to sell or transfer the management of your property, the local accommodation license will accompany the property, offering greater flexibility and increasing the property’s value on the market. <\/p>\n

3. License Term<\/strong><\/h5>\n

Local Accommodation licenses no longer have a defined expiry date. This update brings greater security for owners, cutting out the need for periodic renewals and simplifying administrative management. <\/p>\n

4. Condo’s Roles<\/strong><\/h5>\n

Condominiums now have more influence over the installation of new local accommodation. With the approval of the majority of condominium owners, it is possible to oppose the opening of local accommodations in residential buildings. This change reinforces the importance of good relations with neighbors and strict compliance with the rules of conduct in buildings. <\/p>\n

5. Maximum Capacity<\/strong><\/h5>\n

To ensure the quality of service and the safety of guests, the maximum capacity of Local Accommodation has been limited to nine rooms or 30 guests. This measure focuses on sustainability and proper management of the establishments. <\/p>\n

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BeHappy at the BEACH – Sea View<\/a><\/p><\/div>\n

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Impacts on Local Accommodation Owners<\/strong><\/h4>\n

These changes represent both challenges and opportunities for owners. The greater autonomy of municipalities could mean more restrictive regulations in certain areas, but it could also create fiscal and operational incentives in less exploited zones, favoring the diversification of tourism. <\/p>\n

The transferability of licenses, on the other hand, is a positive point for those who want to increase the value of their property for sale or transfer. The elimination of license expiry dates reduces bureaucracy and offers greater stability for businesses. <\/p>\n

However, owners wishing to open new establishments should be aware of the new rules and containment areas, strategically planning their investment to avoid surprises.<\/p>\n

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How Can BeHappy Algarve Help?<\/strong><\/h4>\n

BeHappy Algarve is a reliable partner for property owners who want to make the most of the opportunities in the Local Accommodation market, especially in this new legislative context. With complete and personalised management, we help our clients face the challenges and maximise their profits. <\/p>\n

Our Services Include<\/a>:<\/strong><\/h5>\n