Let's talk & chat!

LUGGit raises €1.8m to drive expansion strategy

LUGGit

Reading Time: 2 minutesSpain / Portugal: Professional luggage management service company LUGGit has sealed a €1.8 million financing round with three investment funds focused on Portuguese companies.

limehome announces Portugal expansion plans

limehome

Reading Time: 2 minutesGermany / Portugal: Munich-based hospitality technology provider and apartment operator, limehome, is continuing its European expansion course with a contract signing in Portugal. 

Imovirtual analyses rental and property price changes in Portugal

Imovirtual

Reading Time: 3 minutesPortugal: Portugal-based real estate and property management portal, Imovirtual, has analysed how the Portuguese rental and property market is remaining resilient despite Covid-19 forcing a global lockdown and restrictions on travel worldwide. The current global pandemic has created a wave of concern amongst the entire worldwide population, for both health and financial reasons. As of 18 […]

GuestReady issues rental licence guide for Porto users

guide

Reading Time: 2 minutesPorto: GuestReady has published a short-term rental licence guide for the city of Porto, in light of recent changes to its Alojamento Local (short-term rental) Law. A fortnight ago, the City Council voted on updated rules and regulations for containment areas within the city, with the Council eventually voting in favour of suspending all registrations […]

GuestReady reveals profitable rental locations in Portugal

Portugal

Reading Time: 2 minutesPortugal: Property management company GuestReady has revealed Avenida dos Aliados in Porto and the Chiado neighbourhood in Lisbon are the most lucrative locations for short-term rentals in Portugal. According to the agency’s latest report, the aforementioned communities can have two-bedroom apartments rented out for €150 per day. The report was based on the average values […]

Porto opts not to follow Lisbon’s lead in suspending short-term rental licences

Porto

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 […]