Short-Term Rental Regulations · Portugal

Airbnb rules in Lisbon: 2026 guide

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Quick answer

Portugal's Alojamento Local (AL) regime requires a registration number on every listing. The 2023 Mais Habitação law paused new AL registrations in 'pressure zones' covering most of central Lisbon. Existing licences are renewable but no new ones are being issued in those zones.

Worst-case scenario
Future government could revoke existing licences. If renewal is denied, the property reverts to long-term rental only.

How Lisbon's rules shape the market

There are currently 18,499 active short-term-rental listings operating in Lisbon (of 25,159 total). Median occupancy across those is 30%. The median nightly rate is $85.32.

FAQ

Do I need a license to run an Airbnb in Lisbon?
Yes, Lisbon requires a license or permit to operate a short-term rental.
What is the average Airbnb occupancy in Lisbon?
Active Airbnb listings in Lisbon run at ~30% occupancy (up 0.4 points year over year). Source: Inside Airbnb.
What is the median daily rate for an Airbnb in Lisbon?
The median Airbnb daily rate (ADR) in Lisbon is approximately $85.32, down 8.1% year over year. Based on listings with at least one review in the last 12 months.
How many active Airbnb listings are in Lisbon?
There are approximately 18,499 active short-term rental listings in Lisbon (listings with at least one booking in the last 12 months).
Is Airbnb income growing or shrinking in Lisbon?
Compared to a year ago, Lisbon short-term rental performance has shifted: occupancy +0.4 pts, daily rate -8.1%. Underlying data comes from the latest Inside Airbnb snapshot vs the closest archive ~12 months prior.
Beyond the rules

See Lisbon's income, occupancy, and neighborhood data

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Source: https://www.portaldofinanciamento.pt/legislacao/lei-56-2023-mais-habitacao · Last verified July 2026