LOCAL HOUSING DOWN 40% IN PORTO

&amp;NewLine;<h2 class&equals;"wp-block-heading">LOCAL HOUSING LICENSES IN PORTO DOWN<&sol;h2>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>The number of new applications for local housing licenses in the municipality of Porto fell by 40&amp;percnt; in the first quarter of 2019&amp;period;&amp;nbsp&amp;semi;Tourism in the city remains in very good health, however, and its growth is still on target for 2019&amp;comma; said the president of the&amp;rsquo&amp;semi;Local Housing Association in Portugal&amp;comma; Eduardo Miranda&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>In the 1st quarter of 2019 the city of Porto registered 334 local housing license applications&amp;period; In 2018 at the same period Porto had registered 559 license applications&amp;period;&amp;nbsp&amp;semi;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>The number of license applications has been rising steadily since 2015&amp;comma; a scenario that now seems to be reversing&amp;period;&amp;nbsp&amp;semi;For the president of <strong>ALEP<&sol;strong>This means that the market has reached maturity&amp;which is a "positive sign"&amp;the market could not grow by 30 to 40&amp;percnt; every year&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<h3 class&equals;"wp-block-heading">Containment measures under study&amp;nbsp&amp;semi;<&sol;h3>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>Rui Moreira&amp;comma; president of the CMP&amp;comma; recently indicated that he was ready to implement "containment measures" to limit demand for local housing licenses in Porto&amp;comma;'s historic center, following a study conducted by the <a rel&equals;"noreferrer noopener" aria-label&equals;"centre de recherche en économie gestion et appliquée &lpar;opens in a new tab&rpar;" href&equals;"http&colon;&sol;&sol;www&period;catolicabs&period;porto&period;ucp&period;pt&sol;pt&sol;cegea-consultoria" target&equals;"&lowbar;blank"><strong>Center for Research in Management and Applied Economics <&sol;strong><&sol;a>&amp;lpar;CEGEA&amp;rpar; of the Catholic University of Porto&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p class&equals;"has-text-color has-very-dark-gray-color">Since October 21, 2018&amp;comma; changes <a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;produit&sol;location-saisonniere-au-portugal&sol;"><strong>legislative to the AL regime<&sol;strong><&sol;a> demand that municipalities and condominium owners' assemblies&amp;comma; be allowed to intervene in the authorization of the&amp;rsquo&amp;semi;exercise of the&amp;rsquo&amp;semi;activity&amp;comma; which allows the setting up of "containment zones" to "preserve the social reality of neighborhoods and places"&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<div class&equals;"wp-block-image"><figure class&equals;"aligncenter is-resized"><img src&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;wp-content&sol;uploads&sol;2019&sol;05&sol;location-saisonniere-au-portugal-724x1024&period;jpg" class&equals;"wp-image-4784" width&equals;"250" height&equals;"350"&sol;><&sol;figure><&sol;div>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<div class&equals;"wp-block-button aligncenter"><a class&equals;"wp-block-button&lowbar;&lowbar;link has-text-color has-very-light-gray-color has-background" href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;produit&sol;location-saisonniere-au-portugal&sol;" style&equals;"background-color&colon;&num;0e3347">Read our book <&sol;a><&sol;div>&amp;NewLine;