Faro rakes in €1 million in tourist taxes

  • 15 November, 22

The municipality of Faro collected this year, from March to October, “close to one million euros” with the tourist tax, double what was initially expected.

The tourist tax of €1.50 per night is applied in the municipality of Faro between March and October of each year, for a maximum period of seven nights for each stay of guests aged 13 years and over.

According to Rogério Bacalhau, the high amount collected with this fee makes it possible to conclude that “Faro is currently a tourist destination, which it was not a few years ago”, and also that “what some predicted did not happen”, that is, that the tax “would make the tourism sector lose competitiveness” in the municipalities that applied it.

The mayor assured that the fee will continue to be applied and hopes that other Algarve municipalities will soon approve regulations to benefit from this increase in revenue.

In the southernmost region of Portugal, this rate is currently only applied in the municipalities of Faro and, in different ways, in Vila Real de Santo António.

Cre: Portugalnews