The new “Baunovelle” regulation in Vienna, effective from July 1, 2024, imposes stringent restrictions on short-term rentals. It’s urgent for Airbnb hosts to adapt or face severe consequences. Dwell Bell, as a leading operator in the Austrian market, has developed a new business model and guide to help you navigate these changes successfully.
1. Ignore the 90-Day Rental Limit
Continue renting out your property for more than 90 days per year without seeking an exception. This will lead to hefty fines and potential bans, as authorities are now actively enforcing this limit to protect local housing markets and ensure residential availability.
2. Avoid Registration
Skip the mandatory digital registration process for Airbnb hosts. This will quickly put you on the authorities’ radar for non-compliance, as Vienna requires all short-term rentals to be registered to monitor and control the market effectively.
3. Neglect Documentation
Fail to prepare or submit necessary documents such as proof of ownership, rental history, and property details. Authorities will have grounds to deny any exceptions if you cannot prove your legal right to operate a short-term rental.
4. Underestimate the Justification Statement
Clearly explain why an exception should be granted. Highlight any unique circumstances or contributions to tourism and the local economy your rental provides. This could involve demonstrating how your property supports local businesses or meets specific tourist demands.
5. Ignore Financial Transparency
Avoid keeping financial records that show the economic impact of the rental activity, such as tax records, income statements, and expenses related to maintaining the property. This reduces your credibility and compliance, making it easier for authorities to deny your application.
6. Overlook Local Contributions
Show how your property supports local tourism and businesses. This strengthens your application for exceptions, as authorities may favor properties that contribute positively to the local economy and community.
7. Skip Insurance
Maintain proper insurance coverage for your rental property. This protects you from financial risks and legal issues, ensuring that any incidents are covered and your business can continue to operate smoothly.
8. Forget Municipal Compliance
Stay updated with any previous communications or requirements from municipal authorities regarding your property’s rental status. Ignoring these can lead to penalties and enforcement actions, jeopardizing your business.
9. Ignore Community Impact
Address any concerns from neighbors or the local community. Ignoring these can lead to complaints and enforcement actions, harming your reputation and legal standing.
10. Stay Uninformed
Keep yourself updated on the latest regulations. Being informed helps you stay compliant and avoid penalties, ensuring your business can adapt to any new changes effectively.
Facing these challenges alone can be daunting. Dwell Bell has developed a strategic business model tailored to these new regulations, ensuring your Airbnb business thrives in Vienna. Contact us today to learn more about how we can help you succeed.
