The fresh rules will hit short-term rent? Will Airbnb vanish from Poland?

The short-term lease marketplace in Poland is undergoing immense changes. Ministry of Finance and Ministry of Development plan to introduce compulsory registry of rental housing, which aims to seal the taxation strategy and reduce problems related to illegal rental. However, fresh provisions may hit people renting apartments to tourists through platforms specified as Airbnb or Booking. Does this mean the end of short-term lease in Poland?

Register of rented apartments – what will change?

The government has long announced Strengthening regulation on short-term rental, mainly due to problems with taxation and the impact of this sector on the real property market. The main changes that are planned are:

• Obligation to registry all apartments rented daily – Real property owners will gotta study their premises to a fresh central registry that will let taxation offices and local governments to better monitor this sector.
• New rental taxation rules – the fiscal wants to seal the strategy and guarantee that all rental revenues are decently accounted for.
• Possibility to reduce the number of apartments for short-term rental – in any cities, especially tourism, local governments will be able to introduce limits on the number of locations allocated to Airbnb.
• New requirements for owners – standards on the safety and quality of services provided in the short word may arise.

Why does the government want a change in housing?

The fresh government aims to tackle a number of problems that arise dynamic improvement of Airbnb and akin platforms. The government's main arguments are:

Limiting unfair competition – conventional hotels and guesthouses must comply with strict standards and pay taxes, while many apartments for short-term rental operate “black”.
Better control of taxation revenues – any of the owners do not study their revenue, resulting in budgetary losses.
Improving the housing market – in tourist cities specified as Kraków, Gdańsk or Wrocław, many locations are rented to tourists alternatively of residents, which increases long-term rental prices.
Reduced nuisance for residents – short-term rent frequently leads to a disturbance of peace and an increase in the number of intervention by order services.

What does that mean for housing owners?

For those who gain short-term rent, fresh regulations can mean the request to comply with the fresh rules and greater administrative burden. Possible effects are:

• Higher taxes – people renting apartments in the short word may lose their ability to settle revenues in the form of a flat.
• Greater control of offices – taxation offices will gain a tool to check who rents apartments and whether they do it legally.
• Possible operating restrictions – any cities can introduce limits on the number of apartments available on AirbnbThis will affect the profitability of the investment.

What does Airbnb and Booking say?

Platforms dealing with short-term rental have already been forced to cooperation with the tax in any countries. akin regulations have been introduced in many places in Europe, for example:

• Barcelona – the number of apartments available for short-term rental has been limited,
• Berlin – compulsory short-term rental licences were introduced,
• Amsterdam – limited the anticipation of renting apartments to maximum 30 days per year.

Possible Poland will follow these citiesWhich would mean big changes for owners and users of Airbnb.

Will short word rent vanish from Poland?

Short word rental most likely will not be completely prohibitedbut new government can importantly reduce its development. In practice, this means that:

People who rent apartments for days will gotta registry and pay higher taxes.
Local governments may introduce limits on the number of housing available for short-term rental.
Owners may be required to comply with additional requirements specified as safety.

For many people renting apartments on Airbnb, fresh regulations can mean the request to rethink the investment strategy – possibly a more profitable transition to long-term lease.

The fresh rules can powerfully change the short-term rental market.People who rent apartments for days will gotta registry and pay higher taxes.
Some cities may reduce the number of apartments available on Airbnb.
Investors should consider whether short-term rental will proceed to be profitable for them.

Before you decide to buy an flat for short-term rent, it is worth carefully following the legal situation and possible changes in regulations. The coming months may be crucial for the future of Airbnb in Poland.