Owning an Airbnb in Italy / Investing in property in Italy for short term rentals

Investing in property is something on many people's lists. Owning a property in Italy that you can run as an Airbnb is quite a popular idea for many of those who are wanting to purchase real estate in Italy. Buying an Airbnb in Italy or other Italian short-term rental property can come along with the need to know a few details in order to make sure you understand the possible implications, including what is sometimes referred to as the "airbnb tax". In this episode of the Italian Real Estate Podcast hosts Marco Permunian, an Italian attorney, along with video podcaster and dual citizen expat, Rafael Di Furia, known for his project Not Your Average Globetrotter (‪@RafaelDiFuria‬ ), discuss running an Airbnb in Italy which falls within Italy's short term rental options for those who own an apartment in Italy.
Italian Real Estate Podcast EP49:
Owning an Airbnb in Italy / Investing in property in Italy for short term rentals
For help with buying a home in Italy, and more information about Italian Real Estate Lawyers visit IREL's website:
ItalianRealEst...
To contact Italian Attorney Marco Permunian and his team, you can use the contact form on the Italian Real Estate Lawyers website: italianrealest...
Also to see more from Rafael Di Furia about life in Italy and life as a dual citizen check out his KZbin channel and website:
/ rafaeldifuria
Http://RafaelDiFuria.com
#airbnbbusiness #investmentproperty #italianrealestate

[@jandlman]

Gentlmen, would you do a video for real estate investors please? Not for short term air bnb types, but for folks wanting to buy a building with a few apartments for rent on a long term basis. Covering a few of the pitfalls, some of the potential upsides in terms of profits and the some of the bureaucratic red tape that all comes along with being a landlord in Italy would be some great topics. Also, could you mention if the Italian Real Estate Lawyers firm can help handle the finding of tenants, and managing the property for the investors please? Thanks very kindly. -Joe

[@tonypantaleone]

Hi Joe, i'm property manager in Salento (Apulia) Italy Short Term Rental specialist: i want give you an advice as in Italy is difficult make passive income with Long Term Rental because , by recession covid & war price inflation more many tenant dont pay regularly monthly fee rent , best Tony

[@itsjustmyopinionbut1671]

What makes someone investing in long term rentals any more qualified than other investing in short-term? You can make a much faster turnaround with short-terms

[@advdynamix5238]

Just came across this video and found the information to be useful - thanks. While it was briefly mentioned, it would be helpful to further elaborate on the classification of properties (A1, C1, etc) and what can and cannot be converted to use as Airbnb, and a more detailed description of the process.

[@DavinaShefet]

Thank you for your amazing content, could you make a video about having a B&B in Italy?

[@lorraineperron4840]

Some bad advice, the association can stop the renting for many reasons ex. damage to the building, staircases etc. plus increase in insurance because of people in and out dangers/hotel.

[@Alps多洛米蒂农妇]

this channel is amazing

[@jcc6356]

You need a notary in Montreal, Canada. Same overall process!!!

[@daniellerosa]

Hi there! This was very informative thank you! I have a question…what if you are based in another country as a primary resident but own a home in Italy and want to put it up for Airbnb , what are the requirements regarding taxes? If income would be listed and coming into bank account of primary residence and not Italy?

[@ysys-sj8lj]

I also want to learn more about this matter: if a non-resident & owner of property in Italy can legally run an airbnb? or with Italian co-host can I run it legally?

[@kylegbert]

​@@ysys-sj8ljalso interested

[@ChrisLivesay]

Is there a limit on how often you can rent out your rental? I remember hearing that after a certain number of days, you have to register your rental as a business, as if it were a hotel. Is that still the case?

[@Sam-bf8gn]

Is a time limit imposed by Italian Government on Airbnb rentals in Italy, specifically Rome and its outskirts? Thanks!

[@DolceDeals100]

Thank you both for your very informative videos! If a person is looking to obtain citizenship in Italy, would having an Airbnb room &/or an Airbnb separate unit on same property that I would reside on, would that qualify for a Self-Employed Visa? I am not referring to a condominium. Thank you in advance!

[@michaelvo]

Anyone know the restrictions for renting out a cadastral category of C/2 (warehouse storage) on AirBnb. The current owners are definitely doing it now but I'm not sure what the conditions are.

[@mr.dsproductreviewchannel]

Short Term Rentals are considered for 30 days but beyond that Rental Contracts are for 4 Years according to Your Videos. But what if someone wants to stay in Italy for the Full 90 Days which is allowed for the Tourist Visa? How can a Person or People Rent for More than 30 Days without having to be a Hotel which most likely will be in just a Tourist Location?

[@mirkooo]

4 Years contracts are typical for italian citizens, as a tourist you can easily rent a property for 1-3 months with a "Transitorio" contract

[@mr.dsproductreviewchannel]

@@mirkooo I'm in the process of obtaining Recognition as an Italian Citizen and long afterwards I will then Retire and then want to go to Italy for a Full Month and then come back to the US and If I like it there, then go again but for up to 3 Months and then come back to the US again and then decide If I want to go back for 6 months or permanently. Then I will have to decide what exactly to do with My House Here in the US bsfgoing for the 3rd and maybe final time.

[@chriseasteru2n]

you can also do 29 day bookings, in consecutive order to circumvent this. With the "cleaning day" gifted

[@fredgreve]

If I buy property via my Singaporean company in Italy and run it as an Airbnb I will be paying company tax in Singapore and not in Italy correct? I would only pay property taxes and local municipal taxes correct? (I’ll send this same question via your emails)

[@patriziamallory6751]

What’s the time line for having an air B&B in Italy. Do you need a permit or license?

[@ml_g]

Thanks for the video BUT it didn't really explain what's needed to start an airbnb for example, what licenses do you need to obtain and what's required to do that? I'm sure this being Italy it's going to be a bit of a nightmare....

[@ThePieMaster219]

Can confirm, it is. The questura's web registration with tourists and whatnot is mentioned here but getting the "code" or link in and of itself requires a line of paperwork. Sure, once you get it all done and can log into the questura's portal, it may be easy; but ohoho dear god the paperwork to get there is difficult.

[@johnk6316]

Why does Italy make it so difficult to retire there? It seems much more difficult to get a residence visa, with stringent minimum income requirements and higher income taxes than neighboring France.

[@thereap5348]

because you price out residents

[@richardlongmore9301]

You seem to have to make two big financial unprotected payments to the owner of the property while you still may have the owner bail out at the last minute with no chance of getting your money back

[@marihansamy1006]

If its a "prima casa" can it be eligible to be rented as airbnb?

[@thereap5348]

no

[@tonypantaleone]

I'm Italian Property Manager in Salento (Apulia) Italy specialized in Short Term Rental , B&b Home Holiday Rental , Tourism Video Marketing, Airbnb, Booking, Vrbo listing ; i'm since 2004 in real estate tourism, avaible for any info or collaboration with your purchasing property in Italy! best Tony😀 Ciao

[@eatthistvnetwork5798]

I'm interested

[@allcan4175]

Are you on Spotify by any chance?

[@ItalianCitizenshipAssistance]

Thank you for your message. Yes all of our podcast episodes are available on Spotify.

[@20kevron]

What about the language barriers, do you have to speak Italian to enter the market?

[@suevencillcrs4029]

Can you recommend an agent in Bologna?

[@sukirettura-um5583]

Can I have your contact sir please.

[@fredgreve]

If I buy property via my Singaporean company in Italy and run it as an Airbnb I will be paying company tax in Singapore and not in Italy correct? I would only pay property taxes and local municipal taxes correct? (I’ll send this same question via your emails)

[@thereap5348]

no, money is made in Italy hence you'll pay tax there