The summer of COVID-19 is the summer of the holiday home boom in Italy. According to the real estate experts at Tecnocasa, at this moment in Italy's seaside resorts, buyers want to close negotiations on their new holiday home quickly so that they can enjoy the property during the summer.
Luxury short-term rentals in Italy are a great alternative for the summer holidays this year, a summer season like no other, where travellers are facing the difficulty of finding COVID-free holiday destinations.
In Italy, there is strong growth in the rental market, especially in the short-term rental sector. According to data from Sceneri Immobiliari, in fact, this sector has grown from 11 to 18% over the past year, the highest increase in Europe.
Often homeowners who decide to use their property for short-term rentals have doubts about how to write a contract. For this reason, the Chamber of Commerce of Milan, Monza Brianza and Lodi has recently presented a contract model for rentals for tourist purposes.
Autumn is a slow season in Italy; little by little, the trees change colour, the leaves fall off the branches to the ground forming a colourful carpet, and the animals prepare to crawl into a long winter sleep.
Are short-term rentals affecting the long-term residential rental market? The problem, born with the recent affirmation of short-term holiday rental platforms, is not only an Italian problem, but is common throughout Southern Europe.
How does the houses for 1 euro project work?
These houses are owned by individuals who want to get rid of them as quickly as possible so as not to pay taxes. We are talking about dilapidated or dangerous buildings that require major renovations.