Once you have identified the property you would like to purchase and once due diligence has been carried out on the property, you can start the purchasing process. It is also advisable to check that the property you would like to purchase is registered as a residential property as opposed to a commercial property.

Therefore, before you purchase a flat in a shared building it might be a good idea to talk about your plans to your neighbors. Although a lawsuit won in recent years established that individuals who live in other properties in a condominium cannot interfere with a neighbor’s decision to rent a property on Airbnb, having a good relationship with your neighbors will minimize the possibility of internal quarrels and avoid unpleasant issues.

While any type of property can be rented out through Airbnb, if you own a flat in a shared condominium you may want to check whether your neighbors and the administrator agree with your decision to rent. If you are thinking of purchasing a property in Italy, there are a few factors you may want to consider in order to make the best choice. How do you choose the perfect Airbnb investment property? For instance, how does one turn a residential property into a rental property? What are the economic pros and cons of this? This article will answer these questions and provide you with information about the costs and the legal implications of renting a property on Airbnb. Undoubtedly, this comes with a number of obligations and rules, as well as with many questions.

If this is the case, renting it short-term through Airbnb may be the right option for you. If you own a holiday home in Italy or you plan to purchase one, you may be wondering if there are ways to optimize your investment returns when you are not spending time in your property.

Airbnb business without owning a house