Business · Companies · 8 hrs ago

Short-term rentals make up 1.4% of Italy’s housing stock

Short-term rentals make up 1.4% of Italy’s housing stock

Italy has 509,000 homes listed for short-term tourist stays, according to a study by the Italian Association of Short-Term Rental Managers.

That is 1.4% of the country’s 35.6 million residential properties and 5.3% of its 9.6 million unoccupied homes.

The study says only 2.2% of these homes were previously rented long term, while many were already available to their owners or families.

About 12.6% were bought as investments, and roughly 96% are owned by individual property owners.

In Florence and Venice, listings make up 4.5% and 4.1% of homes, respectively, and many are concentrated in historic centres.

The small national share has not ended concerns that tourist stays add pressure in city centres and compete with hotels; some local governments have introduced rules for the sector.

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