Summer 2023, Short Term Rentals: From Venice to Rome, what are the rules and how can they be changed

Referring to the provisions of the amendment to the aid decree approved in the summer of 2022: with a view to promoting long-term rentals, residential accommodation in the historic center while protecting the historical, artistic and environmental heritage of the city, the Municipality of Venice can define, “with special consideration for the historic center and the islands”, the boundaries And extreme terms of destination residential real estate for short term rental.

Further, the mayor of Venice can establish “by specific regulatory provisions that the performance of the activity for more than 120 days, even non-consecutively, of each calendar year, is subject to a change in the intended use and functional category of the building.”

Research conducted by sociometrics based on data from 2022 found that Venice is the city with the largest proportion of tourist presences compared to the resident population, with approximately 50 tourist presences per resident.

According to the Inside Airbnb portal, there are 7,286 rental home listings in Venice, most of which (84.3%) are concentrated on the islands. In May, the average daily price, according to AirDna (portal of statistics and advertising metrics), was €170.

Florence: Tax incentives for long-term renters

Florence’s mayor Nardella looks to the example of Venice, which went further and announced a non-retrospective ban on the use of residential real estate for short-term tourist rentals throughout the UNESCO district of the historic center. The decision that promises to be “legally audacious” was recognized by Nardella himself: “If we do not try to take politically disruptive measures, no one will take a step: we are tired of advertising, and the problem has become structural.”