The proposal calls for a multi-level system with district, residential area and apartment building limits on the ratio of Airbnb-type accommodations.
At the district level the limit will be 3.5%, while in the Corvin area it will be 5%.
In apartment buildings the ratio is uniformly set at 20% as a proportion of the size of floor space.
New short-term rentals could only start operating with the consent of residents in buildings. In the case of existing accommodations, their operations are preserved until a resolution from the general meeting of residents says otherwise.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
