From July 2024, the capital’s homeowners will be allowed to rent out single properties to tourists for a maximum of 90 days per annum. Certain exceptions will be in place, however owners will have to apply to get them.
Such restrictions have been effective in Vienna across so-called “residential zones” since 2018. The new regulation extends to all homes in the city, meaning there won’t be any difference between areas that are residential zones and those that aren’t.
The latest amendment aims to push a balance between short- and long-term housing markets. At the same time, the 90-day allowance provides homeowners with the right to rent out their property while they are away on their own vacation, for instance.
About 7.5 million overnight visits were recorded in Vienna in H1 2023, which almost matches the pre-pandemic levels. According to Tourism Vienna spokesman, Walter Strasser, the new regulation will be a good move for local tourism, ensuring that accommodation isn’t entirely taken off the housing market.
