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Portugal bans new rental licences to tackle housing crisis
Reading Time: 2 minutesPortugal: Portugal has put an end to its contentious ‘golden visa’ scheme and introduced a ban on new licences for short-term rentals as part of a €900 million package of measures designed to alleviate the country’s housing crisis.
Porto opts not to follow Lisbon’s lead in suspending short-term rental licences
Reading Time: 2 minutesPorto: The mayor of Porto, one of Portugal’s largest cities, said in a council meeting the city would not follow Lisbon’s plans to suspend licences for short-term rentals. The situation in the Portuguese capital has persuaded the local government to propose adopting such measures, in which the growing use of short-term rentals by tourists has […]