It’s the construction restrictions, VAT over construction materials and a big influx of immigration on the last four years or so that are aggravating the housing bubble.
I’ve read both are true. Tourism + digital nomand, because Portuguese weather is good and lisbon is relatively affordable, but i’m sure a local could give you a better answer.
That I don’t know for sure, but they have a short term rental registry and the units are labeled as such and there are signs in some places and a general information campaign warning tourists against “illegal listings.” Every place we stayed (4 total) was on the official registry. My understanding is that airbnb tends to play ball with these laws so as to not get banned, and most of the illegal listings are through scummy travel agents and smaller apps, which has kind of always been an issue.
Hate that word “expat”. “I hate immigrants but I’m a white man with money living in a country I wasn’t born in”, or better worded, “immigrant, but also an asshole”
Isnt it the expats that are driving up the prices
It’s the construction restrictions, VAT over construction materials and a big influx of immigration on the last four years or so that are aggravating the housing bubble.
Iirc it’s not immigrants but Airbnb. I’ve read articles about it, but it might be somewhere else
I’ve read both are true. Tourism + digital nomand, because Portuguese weather is good and lisbon is relatively affordable, but i’m sure a local could give you a better answer.
Lisbon has pretty strict airbnb regulations though
How well are they enforced?
That I don’t know for sure, but they have a short term rental registry and the units are labeled as such and there are signs in some places and a general information campaign warning tourists against “illegal listings.” Every place we stayed (4 total) was on the official registry. My understanding is that airbnb tends to play ball with these laws so as to not get banned, and most of the illegal listings are through scummy travel agents and smaller apps, which has kind of always been an issue.
That’s a pretty easy to avoid saying you’re an American immigrant
Hate that word “expat”. “I hate immigrants but I’m a white man with money living in a country I wasn’t born in”, or better worded, “immigrant, but also an asshole”