Budapest Restricts Short-Term Rentals in Terézváros

By Ivan PetrenkoSep 22, 2024 10:30 AMNews
Share:
St. Stephen's Basilica stands amid rising housing concerns. Source: pixabay

Starting in 2026, Budapest will introduce a ban on short-term rentals in District VI, also known as Terézváros. This decision was supported by 54% of the district's residents, as tourism has begun to negatively affect the local housing market. The main goal of this initiative is to reduce the cost of rent, which has significantly increased due to high tourist demand.

 

Similar measures are being taken in other European cities. For example, Athens will halt issuing licenses for short-term rentals in central areas starting in 2025. This will allow the local government to better assess how tourism-based rentals are impacting the housing market and the well-being of residents.

 

Travelers looking for alternatives to Budapest might consider visiting cities like Prague or Krakow. These cities offer a similar experience with rich cultural heritage and fewer restrictions on short-term rentals. They also have many affordable accommodation options and are less likely to face immediate changes in rental rules.

 

Another popular destination for tourists is Lisbon and Porto in Portugal. Although these cities also face challenges related to tourism, they have not yet introduced strict rental restrictions like those being implemented in Budapest. This makes them an excellent choice for travelers seeking a balance of comfortable accommodations and unique cultural experiences.

 

For travelers, the new rules mean that short-term rental options in popular destinations like Budapest will become more limited. This could lead to higher prices for available housing, complicating budget travel plans. Tourists relying on rental apartments should consider these changes when planning their vacations.

 

This news reflects a growing trend in European cities to limit the impact of tourism on housing for local residents. Despite the inconvenience for travelers, such measures will help preserve residential areas and maintain affordable housing for locals. Traveling in Europe is becoming more challenging for tourists, but these actions will promote sustainable city development.

Top Articles

Coachella 2025: Everything You Need to Know

Sep 16, 2024 19:30 PM

Andijan: A Gateway to Uzbekistan’s Rich Heritage and Dynamic Culture

Sep 14, 2024 15:30 PM

Namangan: Uzbekistan's Hidden Cultural and Natural Treasure

Sep 14, 2024 14:30 PM

Exploring Uzbekistan: A Journey Through History, Culture, and Nature

Sep 14, 2024 13:30 PM
More News

Oktoberfest: Munich's Largest Beer Festival Welcomes Millions of Visitors

Sep 22, 2024 14:35 PM

The Vatican Officially Recognizes Medjugorje as a Pilgrimage Site

Sep 22, 2024 12:30 PM

Turkish Airlines Launches New Route to Santiago, Chile, Expanding South American Access

Sep 22, 2024 08:30 AM

Delta's New European Flights Expand Summer Travel Options

Sep 22, 2024 06:30 AM

Barnsley Sees Record-Breaking Visitor Numbers Thanks to Football Fans and Local Events

Sep 22, 2024 04:30 AM

Decline in the number of cruise ship passengers visiting Guernsey continues

Sep 22, 2024 02:30 AM

Strengthened Border Security at Estonia-Russia Crossing: Travelers Urged to Stay Alert

Sep 22, 2024 00:00 AM

Heathrow Express Strike: What Travelers Need to Know

Sep 21, 2024 22:30 PM

LNER Opens Christmas Ticket Sales, Easing Holiday Travel Planning

Sep 21, 2024 20:30 PM

SeaWorld Orlando to Debut World's First Arctic Flying Theater in 2025

Sep 21, 2024 18:30 PM

Unique Black Hotel in Santorini Attracts Tourists

Sep 21, 2024 16:30 PM

Heavy Rain Forecast in Wales and England: What Travelers Need to Know

Sep 21, 2024 14:30 PM

Jet Crash Incident at Teterboro Airport: What Happened

Sep 21, 2024 13:35 PM

Everything You Need to Know About the EU's New Entry/Exit System (EES)

Sep 21, 2024 12:30 PM

easyJet Holidays Unveils Winter 2025 Packages for Travelers

Sep 21, 2024 10:30 AM

Doner in Germany: Culinary Bridge Between Cultures Under Threat

Sep 21, 2024 09:35 AM

Qatar Airways Partners with UEFA Champions League: Key Opportunities for Travelers

Sep 21, 2024 08:30 AM

Etihad Airways Celebrates 20 Years with Discounts and Extra Perks for Travelers

Sep 21, 2024 06:30 AM

Thunderstorm Warning Poses Travel Disruptions Across the UK

Sep 21, 2024 04:30 AM

New York’s Best Airports: A Comprehensive Comparison for Travelers

Sep 21, 2024 02:30 AM

Emergency Evacuation of Greece Flight After Vape Ignites in Hand Luggage

Sep 21, 2024 01:35 AM

Flying with an Injury: A Comprehensive Guide to Airport Passenger Assistance

Sep 21, 2024 00:30 AM

SAS to Reintroduce Business Class on Short-Haul European Flights by Summer 2025

Sep 20, 2024 22:30 PM

Qatar Airways Partners with UEFA Champions League Until 2030

Sep 20, 2024 20:30 PM

Middle East Situation: Impact of Attacks and New Passenger Restrictions

Sep 20, 2024 19:35 PM

AirAsia and CLS Holiday Launch Mystery Tour for Travelers

Sep 20, 2024 18:30 PM