Portugal will issue no new licences for Airbnb lets and other holiday rentals in a bid to tackle the shortage of housing for locals, it has been reported.
Those heading to the popular holiday hotspot should make sure that they have accommodation well ahead of time. The only areas set to be exempted from these new rules are rural locations "without urban pressure," Diario reports.
Prime Minister Antonio Costa announced measures to calm down the country's housing market as rent prices are skyrocketing in cities like Lisbon.
