Lisbon suspends new rental licenses
Lisbon City Council has approved a proposal to “immediately suspend” new local housing (AL) listings in the capital until the change to the city by-law comes into effect.
One of the objectives of the initiative is to “submit to the Municipal Assembly the immediate suspension of the authorization of new registrations of local accommodation establishments, for a period of six months, without prejudice to its renewal for a period equal, until the amendment to the local accommodation by-law comes into force”.
The measure should be applied “in homogeneous tourist areas, under surveillance, with a ratio between the number of local accommodation establishments and the number of permanent accommodation equal to or greater than 2.5%, as well as in the rest of the city, where there is a ratio between the number of local accommodation establishments and the number of permanent accommodation equal to or greater than 2.5%, without prejudice to the confinement zones in force”, according to the proposal of the elected representatives of the coalition ” But Lisboa”, fulfilling what was recommended in the PS/Livre electoral program of September 26, in which socialist Fernando Medina lost the presidency of the municipal executive to social democrat Carlos Moedas.
A PS source clarified that the proposal “provides that while this discussion is unfolding (six months), new licenses will not be accepted in parishes where the number of houses in AL exceeds 2.5% of the housing stock”.
“Current limitations, such as banning permits in the city’s seven historic districts, remain in effect during this process,” they added.