Search found 1278 matches

by widge
Thu Mar 26, 2020 3:21 pm
Forum: Property owners forum / Portugal living.
Topic: Covid 19 Isolation
Replies: 12
Views: 987

Re: Covid 19 Isolation

Geoff, In my opinion the most sensible thing you can do is stay here in the UK. I expect your flight will be cancelled anyway within the next few days. Your travel insurance will be null & void due to the Foreign Office warnings and you are endangering your life and other people's by going to the ai...
by widge
Fri Sep 27, 2019 9:05 am
Forum: Property owners forum / Portugal living.
Topic: Builder required - Recommendations please
Replies: 2
Views: 701

Builder required - Recommendations please

Having searched the forum there appears to be very little recent information on builders.

If any of you know of a good builder in the Sesmarias area (Lagoa, Carvoeiro, Parchal, Estombar) please can you share their contact details ?
by widge
Sun Jul 21, 2019 7:51 am
Forum: Property owners forum / Portugal living.
Topic: villa management companies
Replies: 5
Views: 1217

Re: villa management companies

Hi Richard, Do you have any experience of completing your own IVA return or is this only possible through a licensed accountant? I have been registered as a business since 2014 and my accountant has only claimed a refund once despite breaching the €3000 threshold and obviously the elapsed time rule ...
by widge
Wed Jun 26, 2019 5:14 pm
Forum: Property owners forum / Portugal living.
Topic: villa management companies
Replies: 6
Views: 1220

Re: villa management companies

Hi Keith,

Please can you copy me too.


Regards

Widge

Use the private message facility here rather than publish email addresses
by widge
Wed Jun 26, 2019 5:13 pm
Forum: Property owners forum / Portugal living.
Topic: villa management companies
Replies: 6
Views: 1220

Re: villa management companies

Hi Keith,

Please can you copy me too.


Regards

Widge
by widge
Sun Jan 06, 2019 9:19 am
Forum: Property owners forum / Portugal living.
Topic: Planning Regulations
Replies: 0
Views: 757

Planning Regulations

We are very fortunate to live in the municipality of Lagoa as the stringent planning regulations historically adopted by the Camara are designed to protect us from the over development and high rise monstrosities we see in places like Portimao and Albufeira. However, are we beginning to see a few cr...
by widge
Wed Dec 26, 2018 9:20 am
Forum: Property owners forum / Portugal living.
Topic: "Caderneta predial"
Replies: 8
Views: 840

Re: "Caderneta predial"

Merry Christmas to one & all Can anybody tell me where I can get the "Caderneta predial" for my property I believe it is the registration document that proves that you own the property. Which I think allows you to see is there is any mortgage or charge on the property as i am wanting to pay off the...
by widge
Sat Dec 15, 2018 9:07 pm
Forum: Property owners forum / Portugal living.
Topic: rental charges
Replies: 3
Views: 598

Re: rental charges

??????
by widge
Fri Dec 14, 2018 9:28 am
Forum: Property owners forum / Portugal living.
Topic: Alojamento Local
Replies: 24
Views: 3403

Re: Alojamento Local

If all the rental invoices are issued to the same entity (resort) the Tax Authority might consider this income as Long Term letting rather than short term. I can't imagine circumstances whereby your managing agent or resort owner wouldn't agree to invoice the guest ? Especially if you (the customer...
by widge
Thu Dec 13, 2018 11:16 am
Forum: Property owners forum / Portugal living.
Topic: Alojamento Local
Replies: 24
Views: 3403

Re: Alojamento Local

Long-term property lets (usually having a rental contract between landlord and tenant) are included in Category F and are reported on “Anexo F” in the second filing period in May. This activity is different from short-term holiday lets which are seen as a business called “Local Lodging” and reported...
by widge
Thu Dec 13, 2018 9:42 am
Forum: Property owners forum / Portugal living.
Topic: Alojamento Local
Replies: 24
Views: 3403

Re: Alojamento Local

8.75% tax on your total rental income seems very reasonable to me !

Income tax & IVA are more than double this.
by widge
Sat Nov 17, 2018 7:42 am
Forum: Property owners forum / Portugal living.
Topic: Alojamento Local
Replies: 24
Views: 3403

Re: Alojamento Local

How old is your villa ? When I had mine tested (built c.1995) for the electrical certificate I was informed that none of the sockets met the latest safety regulations. Replacing every socket was an expensive and unexpected exercise.
by widge
Fri Nov 16, 2018 6:32 pm
Forum: Property owners forum / Portugal living.
Topic: Alojamento Local
Replies: 24
Views: 3403

Re: Alojamento Local

Hi Shaz1967,

6 weeks at £500 = £3,000 which is presently about €3,300. Tax payable is 8.75% = €289.

Hope that helps.
by widge
Tue Nov 13, 2018 9:13 am
Forum: Property owners forum / Portugal living.
Topic: Alojamento Local
Replies: 24
Views: 3403

Re: Alojamento Local

When registering it is possible to opt for one of two tax regimes: the Simplified Regime or the Organized Accounting Regime. Under the former, the record keeping is simpler. One is taxed on 35% of the total rentals received, with no allowable deductions. If you are non resident, the tax rate is 25%,...