British Expats

British Expats (https://britishexpats.com/forum/)
-   Portugal (https://britishexpats.com/forum/portugal-89/)
-   -   Holiday renting in Portugal (https://britishexpats.com/forum/portugal-89/holiday-renting-portugal-904287/)

miramar Oct 8th 2017 6:44 am

Holiday renting in Portugal
 
I see so many resident and non-resident people talking about renting their apartment/home when they are away and have no idea of the legal requirement to do this. Portuguese law requires that any apartment, home, or even single bedroom be licensed and comply with all the requirements, fire extinguishers, complaint book, license number displayed in advertisements, etc.

Money acquired from rentas (over the minimum amount) will trigger a requirement to file a tax return and pay tax.

If you look on AirBnB, and other rental web pages, you will see less than 10% of people are complying with the law, as evidenced by not displaying their license number.

I've been told by the authorities that they will be checking such web pages and will start imposing fines.

Just want to inform those that may not know of such requirements.

Portugal rental licence, the Alojamento Local

SilviaAlgarve Oct 19th 2017 10:32 am

Re: Holiday renting in Portugal
 
I see so many resident and non-resident people talking about renting their apartment/home when they are away and have no idea of the legal requirement to do this. Portuguese law requires that any apartment, home, or even single bedroom be licensed and comply with all the requirements, fire extinguishers, complaint book, license number displayed in advertisements, etc.


Licence holders have to inform SEF three days upon arrival and departure of any non portuguese guests staying at their properties.


Money acquired from rentas (over the minimum amount) will trigger a requirement to file a tax return and pay tax.


You might end up paying Capital Gains Tax when you eventually give up your licence.


If you look on AirBnB, and other rental web pages, you will see less than 10% of people are complying with the law, as evidenced by not displaying their license number.


From of July this year companies such as AirBnb will not post new listings without the owners submitting their licence numbers as they are now liable to pay fines along with the homeowners found breaking the law.


I've been told by the authorities that they will be checking such web pages and will start imposing fines.


There have been reports of people stealing genuine licence numbers and using them in their ads.


Just want to inform those that may not know of such requirements.

Good post, I hear people saying the same thing all the time.

rollermum83 Oct 20th 2017 11:32 am

Re: Holiday renting in Portugal
 
What about the adverts they are already showing, I know people renting properties without the licence and no one seems to check.

Pilou Oct 20th 2017 12:22 pm

Re: Holiday renting in Portugal
 
We rent a house in the Algarve during 3 months and we need to pay 90% cash on arrival .......... Btw this house has a license. Of course the owner will pay Portuguese tax on the cash amount as well ......

Red Eric Oct 21st 2017 6:06 am

Re: Holiday renting in Portugal
 

Originally Posted by Pilou (Post 12365178)
Of course the owner will pay Portuguese tax on the cash amount as well ......

Of course you'll insist on him giving you a proper AL receipt for the full amount, which'll mean he'd be very unwise not to at least declare it ;)

rollermum83 Oct 21st 2017 8:46 am

Re: Holiday renting in Portugal
 
Does anyone know the average price for someone to clean/ manage a 3 bed holiday townhouse. Bed change cleaning washing linen meet n greet.
Thanks

SilviaAlgarve Oct 22nd 2017 7:19 pm

Re: Holiday renting in Portugal
 

Originally Posted by rollermum83 (Post 12365674)
Does anyone know the average price for someone to clean/ manage a 3 bed holiday townhouse. Bed change cleaning washing linen meet n greet.
Thanks

Do you mean like an agency?

SilviaAlgarve Oct 22nd 2017 7:35 pm

Re: Holiday renting in Portugal
 

Originally Posted by Pilou (Post 12365178)
We rent a house in the Algarve during 3 months and we need to pay 90% cash on arrival .......... Btw this house has a license. Of course the owner will pay Portuguese tax on the cash amount as well ......

I am not sure if you are joking on your last sentence but it sounds unlikely.
Did you receive a receipt?
Under the terms of the AL licence as far as I know guests cannot stay for longer than 30 days.
For a three month stay you and the owner would need to sign a "Contrato de arrendamento urbano" which the owner would need to register at Finanças and immediately pay 10% tax on the amount of monthly rent charged. Did you sign a rental contract?
If I am wrong, can someone please correct me?

SilviaAlgarve Oct 22nd 2017 7:48 pm

Re: Holiday renting in Portugal
 

Originally Posted by rollermum83 (Post 12365158)
What about the adverts they are already showing.

They were given a grace period to submit their licence numbers.

rollermum83 Oct 22nd 2017 8:07 pm

Re: Holiday renting in Portugal
 

Originally Posted by SilviaAlgarve (Post 12366447)
Do you mean like an agency?

Either agency individual or couple .. I'm trying to get an idea of what price is usual ie around 50 euro per let including washing and greet or is it more based on each part being paid separately. Thanks

RichardHenshall Oct 22nd 2017 8:48 pm

Re: Holiday renting in Portugal
 
Laundries would typically charge by weight, cleaners etc by time and meet & greet (and other 'management') functions may be based on any or all of a retainer, time and possibly a percentage of the value of the booking.

SilviaAlgarve Oct 25th 2017 11:12 pm

Re: Holiday renting in Portugal
 

Originally Posted by rollermum83 (Post 12366468)
Either agency individual or couple .. I'm trying to get an idea of what price is usual ie around 50 euro per let including washing and greet or is it more based on each part being paid separately. Thanks

Agencies will charge you around 30% of the booking fee to manage the property completely. Cleaning fees are extra.
I would not recommend hiring an individual or a couple.
I know of someone that hired a local to do this job and later found out through a neighbour that the lady was bringing all of her household's laundry plus her parent's to do at the house when it was empty which was for the most part of the year. He was paying €80 per month on water and electric bills and rather naively even called a plumber believing he had a leak.

zoff Nov 27th 2017 6:54 pm

Re: Holiday renting in Portugal
 
Do these laws apply equally to Portugese citizens and EU Expats?

One of the Portugese citizens in question is a new resident and the other is a returning resident who hasn't lived in Portugal his whole adult life, the last 50 years.


Originally Posted by SilviaAlgarve (Post 12364480)
I see so many resident and non-resident people talking about renting their apartment/home when they are away and have no idea of the legal requirement to do this. Portuguese law requires that any apartment, home, or even single bedroom be licensed and comply with all the requirements, fire extinguishers, complaint book, license number displayed in advertisements, etc.


Licence holders have to inform SEF three days upon arrival and departure of any non portuguese guests staying at their properties.


Money acquired from rentas (over the minimum amount) will trigger a requirement to file a tax return and pay tax.


You might end up paying Capital Gains Tax when you eventually give up your licence.


If you look on AirBnB, and other rental web pages, you will see less than 10% of people are complying with the law, as evidenced by not displaying their license number.


From of July this year companies such as AirBnb will not post new listings without the owners submitting their licence numbers as they are now liable to pay fines along with the homeowners found breaking the law.


I've been told by the authorities that they will be checking such web pages and will start imposing fines.


There have been reports of people stealing genuine licence numbers and using them in their ads.


Just want to inform those that may not know of such requirements.

Good post, I hear people saying the same thing all the time.


RichardHenshall Nov 27th 2017 7:36 pm

Re: Holiday renting in Portugal
 

Originally Posted by zoff (Post 12389909)
Do these laws apply equally to Portugese citizens and EU Expats? ...

Which laws?

zoff Nov 27th 2017 10:10 pm

Re: Holiday renting in Portugal
 

Originally Posted by RichardHenshall (Post 12389938)
Which laws?

Sorry. Tax laws that apply to apartment rentals. AL and such.

Links with clear info or the name of a good tax accountant in the Lagoa or Armação area would be very helpful :thumbsup:


All times are GMT. The time now is 11:40 pm.

Powered by vBulletin: ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.