- 25 Jun 2020 10:51 AM
- Hungary Around the Clock
The location and the quality of the flats made it possible for the tenants to cover their monthly rent with just one or two guest nights.
This caused loss not only to the municipality of Budapest, but also to the people of Budapest, because instead of living there, tenants used the flats for business purposes.
The illegal subletting was revealed by an inspection by the municipality, as the new mayor of the district had had enough of the illegal home renting in Buda Castle.
HVG reported that the flats were listed on the accommodation search sites booking.com and AirBnb, where they were rated high for location and the excellent value for money.
One 80m2 flat, rented out for Ft 32,000 a month, was sublet to tourists for Ft 25,000 per night.
First District mayor Márta Naszályi had the rental contracts terminated immediately and said “Rented out flats are to accommodate families from the district. If someone can sublet them, they clearly have somewhere to live, so they do not need the support of the municipality.”