Insight
These cities are also capping short-term rentals.
Lisbon Joins Barcelona, Valencia, and Milan in Revoking Elite Tax Breaks for Digital Nomads and Capping Short-Term Rentals to Combat Saturated Housing Markets: The End of Europe’s Remote Work Boom?
Summary
Lisbon, Barcelona, Valencia, and Milan are implementing measures to curb short-term rentals and revoke tax breaks for digital nomads, driven by saturated housing markets. This could signal the end of Europe's remote work boom and reduce demand for STRs. Hosts in these areas should prepare for potential regulatory changes.
Key takeaway