Might Airbnb Lets of Apartments Bought by Foreigners in Hungary be Tightened?
- 20 Sep 2023 7:06 AM
- Hungary Matters
The opposition Jobbik-Conservatives want rules for Airbnb-type short-term lets of apartments bought by foreign investors tightened, the party’s deputy leader said.
Properties let out to tourists in Budapest and big cities distort the rental housing market, Dániel Z Kárpát told a press conference, proposing a 90 day annual limit for such lets and owners paying 27% VAT instead of the current 5.
Owners could then rent out apartments to university students, say, in the remaining nine months, he said, adding that Jobbik will soon submit a related bill to parliament.
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