After months of delay, Lisbon Council is to sublet 1000 flats currently available only under Local Lodging (“AL”). With a budget of €15 million to be spent over five years, the City expects to sublet one thousand apartments currently let short-term as Local Lodging to be made available at affordable prices to Lisbon residents. Given the historic drop in “AL” bookings in the new Coronavirus era, the programme would appear to have an uphill battle to achieve its goals.
Dennis Swing Greene
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