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Short-term rentals in Portugal lose overnight stays as tourism grows: the regional map

Between January and August 2026, overnight stays in short-term rentals (alojamento local) in Portugal fell 1.3%, while those across all tourist accommodation rose 1.5%. The North and the Alentejo are growing; the Lisbon Metropolitan Area, the Algarve and the Azores are declining. What changes for investors and which rules are in force.

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