Nardella said the Florence government would not go after the 8000 short-term private rentals already operating in the city’s historic centre, an area under Unesco protection as a historic treasure that includes the Uffizi galleries and the Ponte Vecchio. The city as a whole has about 11,000 short-term private rentals.
Instead, the city plans to offer a tax incentive to property owners who convert their places back to long-term rentals. Under the plan, property taxes on a second home would be cancelled for up to three years, potentially adding up to thousands of euros in savings.
In 2019, around 95 million tourists visited the Unesco World Heritage site, also known as the City of Lilies. The city has been named the best in Europe more than a dozen times by Travel + Leisure in their annual ‘best’ awards.
Associated Press with additional reporting.