New decision concerning holiday apartments in Berlin!
About 16000 flats are now allowed to be rented as holiday apartments as they are used only rarely by their owners. The administrative court of Berlin decided that secondary residences may be rented out to tourists and are not covered by the “Zweckentfremdungsgesetz” (law of misappropriation).
What consequences does this decision have for the already tense housing market?
Berlin’s housing market is tense since several years and will be tense in future. It needs to be awaited whether and how the decision influences the market. However, only flats which are used as secondary residence are allowed to be rented out, and are only allowed to be rented for several days or a few weeks a per year. The owners need to proof their own usage of the flat. Hence, the flat wont be on the housing market, even without the decision.