• Home
  • About
  • Content categories
  • Masterlist

DSG – in the pipeline

~ Dennis' latest work assembled here

DSG – in the pipeline

Tag Archives: lisbon

“Golden Visas” slow down but do not leave the Greater Lisbon area

11 Wednesday Nov 2020

Posted by Ursula in Briefs

≈ Comments Off on “Golden Visas” slow down but do not leave the Greater Lisbon area

Tags

golden visa, lisbon

The Municipality of Lisbon concentrated 59.1% of total real estate purchases entitled to a “Golden Visa” this year, a distribution that increases to 75.2% if the analysis takes into consideration the greater metropolitan area. In the first nine months of this year, 993 residence permits for investment (ARI) were granted, better known as “Golden Visas”, which represented the entry of €540 million of foreign capital, 10.2% less when compared to the same period in 2019.

Lisbon Airport with 50% of air traffic in August, compared to 2019

20 Thursday Aug 2020

Posted by Ursula in Briefs

≈ Comments Off on Lisbon Airport with 50% of air traffic in August, compared to 2019

Tags

airport, ana, compared, lisbon, pandemic, traffic

During this month of August, at least half of the number of flights registered at Lisbon Airport has resumed according to the data from ANA – Airports. Air traffic has begun to show signs of recovery after the 93.8% drop in the second quarter as compared to the same period in 2019. Due to the pandemic and consequent movement restrictions, the number of passengers fell by 97%. Airports expect to only recover their usual volume of passengers by 2024.

“AL” occupancy in Lisbon plummets to 5%

24 Friday Jul 2020

Posted by Ursula in Briefs

≈ Comments Off on “AL” occupancy in Lisbon plummets to 5%

Tags

al, covid, lisbon, plummet, porto

The impact of the Covid19 pandemic on the Local Lodging Accommodation (“AL”) market is devastating. In May, average occupancy rates reached only 5% in Lisbon and 3% in Porto,  worsening the already low levels observed in April when Lisbon registered an average occupancy rate of 10% and Porto 11%. Despite the dramatic drop in demand, average monthly rates remained at usual levels, reaching €93 in Lisbon and €70 in Porto.

“Renda Segura” – Safe Rent Programme kicks off

02 Tuesday Jun 2020

Posted by Ursula in Briefs

≈ Comments Off on “Renda Segura” – Safe Rent Programme kicks off

Tags

al long term, corona, lisbon, local lodging, renda segura

After months of delay, Lisbon Council is to sublet 1000 flats currently available only under Local Lodging (“AL”). With a budget of €15 million to be spent over five years, the City expects to sublet one thousand apartments currently let short-term as Local Lodging to be made available at affordable prices to Lisbon residents. Given the historic drop in “AL” bookings in the new  Coronavirus era, the programme would appear to have an uphill battle to achieve its goals.

 

97% of Golden Visas are from acquiring properties on Portugal’s coast

06 Monday Apr 2020

Posted by Ursula in Briefs

≈ Comments Off on 97% of Golden Visas are from acquiring properties on Portugal’s coast

Tags

golden visa, lisbon, oporto, porto, portugal

The Government wants to end the granting of Golden Visas for third-country nationals purchasing real estate in the greater metropolitan areas of Lisbon and Oporto. In the seven years since its inception, the plan has barely touched the interior districts of the country. Historically, the concession of Golden Visas has accounted for just 3% of applications to the programme.

Local Lodging falls sharply nationwide

16 Monday Dec 2019

Posted by Ursula in Posts

≈ Comments Off on Local Lodging falls sharply nationwide

Tags

alep, drop, falls, lisbon, local lodging, porto, portugal, registration

Local Lodging is on the decline across the country with new registrations dropping by 43% when compared to the same period last year. According to data from the Local Lodging National Register, the sharpest drop occurred in Lisbon, which fell by 73%. Porto also saw the opening of new AL establishments down by almost 50%. ALEP, the Local Lodging Association of Portugal, attributes this accentuated contraction with the overall shift from a “niche activity” to a “mature enterprise”. Local Lodging represents 40% of the total overnight tourist stays in Portugal.

Local Lodging: Lisbon can accommodate 102,000 holidaymakers

31 Thursday Oct 2019

Posted by Ursula in Posts

≈ Comments Off on Local Lodging: Lisbon can accommodate 102,000 holidaymakers

Tags

accomodate, airbnb, al, capacity, hotels, lisbon, local lodging

As compared to hotels, “AL” already has twice the capacity to receive tourists in Lisbon. In the nation’s capital which has 500,000 inhabitants, Local Lodging can accommodate 102,000 holidaymakers. In March 2019, there were 18,000 “AL” units in the municipality of Lisbon, an increase of around 80% from 2008, maintaining the trend of accelerated growth of previous years. Of the 18,000 accommodations, 90% are short-term holiday let apartments (notably commercialised through Airbnb), with 9% being hostels, while hotels can accommodate less than 50,000 travellers. Since 2001, the data reveals that Lisbon has been losing inhabitants while tourist demand has been steadily increasing. In 2011, the city received 2.9 million guests. By 2017, demand almost doubled to 5.2 million (+ 83%), which represents a nearly quarter of the total holidaymaker demand received nationwide.

Owners returning to traditional rentals

15 Thursday Aug 2019

Posted by Ursula in Posts

≈ Comments Off on Owners returning to traditional rentals

Tags

al, demand, glut, lisbon, local lodging, long, owners, rental, term, work

Since the Local Lodging boom began in 2008, small property owners are returning in increasing numbers to traditional long-term rentals. Numerous factors are pushing this trend. “AL” offerings have reached glut conditions in some central urban areas. Excessive offerings and limited demand push down prices. Over the last ten years, Local Lodging enrolments in Lisbon have soared from less than 3,000 to almost 50,000. In addition, Local Lodging can prove to be demanding work. Outsourcing tasks such as cleaning, marketing and maintenance can eat into profits. In contrast, long-term rentals require only a minimum involvement on the part of landlords.

Lisbon is turning flats into offices

15 Thursday Aug 2019

Posted by Ursula in Posts

≈ Comments Off on Lisbon is turning flats into offices

Tags

apartments, flats, lack, lisbon, office, rents, space

Lack of space in the capital coupled with the stabilization of rents in the real estate market has prompted promoters to choose to reconvert apartments into leased offices.

New “AL” licences in Lisbon “containment zones” limited to 5 years

03 Monday Jun 2019

Posted by Ursula in Posts

≈ Comments Off on New “AL” licences in Lisbon “containment zones” limited to 5 years

Tags

al, containment, license, lisbon

In the neighbourhoods most pressured by tourism, it will be possible to open new Local Lodging Establishments (“AL”). However, according to the rules that the capital’s municipal council wants to see approved, new registrations will be dependent on a special authorisation. “AL” licences will be valid for five years, after which they will have to be renewed. Currently, seven historical areas face restrictions.

← Older posts

Subscribe

  • Entries (RSS)
  • Comments (RSS)

Archives

  • September 2021
  • June 2021
  • May 2021
  • April 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • September 2016
  • August 2016
  • July 2016

Categories

  • Article
  • Articles
  • Briefs
  • Brochure
  • Posts
  • Shorts
  • Uncategorized

Meta

  • Register
  • Log in

Blog at WordPress.com.

  • Follow Following
    • DSG - in the pipeline
    • Join 74 other followers
    • Already have a WordPress.com account? Log in now.
    • DSG - in the pipeline
    • Customize
    • Follow Following
    • Sign up
    • Log in
    • Report this content
    • View site in Reader
    • Manage subscriptions
    • Collapse this bar