Lisbon lifts short-term rental restrictions
Summary
Lisbon, Portugal has lifted restrictions on short-term rentals after previous limitations failed to improve housing affordability. Hosts in designated areas will now be allowed to operate short-term rentals, accounting for up to 10% of local housing stock. This decision presents opportunities for hosts in Lisbon, but they must adhere to the new regulations.
Key Insights
- •Average house prices in the Lisbon metropolitan area have nearly doubled since the initial restrictions were introduced in 2019.
- •Rental prices in Lisbon continued to rise despite the previous restrictions.
Action Items
- ✓Hosts should familiarize themselves with the new regulations and the 10% cap on short-term rentals in designated areas.Effort: lowImpact: medium
Common Mistakes
- ⚠Failing to comply with the new local regulations in Lisbon could result in fines or the revocation of permits.
More from Regulations & Compliance
The Green Bay Common Council will consider changes to its short-term rental ordinance. This could involve new regulations or revisions to existing rules. Hosts in Green Bay should stay informed about potential updates and how they might impact their operations.
Local commissioners denied a short-term rental application, suggesting potential regulatory hurdles for new STR operations. This indicates increasing scrutiny on STRs within this locality. Hosts should be aware of potential local restrictions and permitting requirements before investing in or launching short-term rentals.
The Green Bay Plan Commission is updating its short-term rental ordinance. Details are not given, but this news signals potential changes for hosts in the area. Hosts should stay informed about the new regulations to ensure compliance and avoid penalties.
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