Finland is going to require landlords obtain permits for short-term rental housing

What has happened? Several cities and municipalities across Finland have drawn up a list of proposals, published by the Building Inspection Association, for how to regulate short-term rentals more tightly in the country.
What does it mean? The Finnish government is preparing to pass a law regarding short-term rental housing under the Building Act, which is due to come into force in 2025.

What will change? Under the proposed rules, any landlord who does not live in the property but rents it out on a regular short-term basis would need to apply for a special permit as the unit/s will be classified as being used for commercial purposes.

Context. The Building Inspection Association's proposals reflect existing rules already laid out in the Finnish capital Helsinki and the city of Tampere, where there are 11 criteria for assessing the use of real estate when it comes to listing a property for short-term accommodation.
While Helsinki and Tampere have already taken steps to at least partially regulate short-term rentals, other popular destinations such as Rovaniemi in Lapland have taken a softer approach to this segment as they rely heavily on tourism for their economic growth.

Source: Short Term Rentalz

Photo by xuebing li on Unsplash

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