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Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels. "Short stay" rentals are an offshoot of the corporate housing market, [2] and are also offered by private owners and investors via online platforms such as Airbnb. [1]
London: Short-term rentals are limited to 90 days per year. [129] [130] Lucerne: Short-term apartment rentals are limited to 90 days per year. [131] [132] Madrid: Listings without private entrances are banned. [133] Palma de Mallorca: Home-sharing sites are banned to contain tourism. [134]
Vantage Point (formerly Archway Tower) is a 195-foot (59m) 17-storey residential apartment building above Archway Underground station, designed by Grid Architects, and owned and operated by Essential Living. In 2017 Vantage point won an RIBA award.
Short-term rental of all sorts of products (excluding real estate and holiday apartments) already represents an estimated €108 billion ($160 billion) annual market in Europe and is expected to grow further as the internet makes it easier to find specific items available for rent. [6]
Vacation rentals can also negatively affect local communities in a number of ways. While not the major cause of limited affordable housing, vacation rentals negatively affect the long-term housing market in local communities, especially tourism communities. As more short-term rentals increase, the availability of long-term units decreases.
The assured shorthold tenancy (AST) is the default legal category of residential tenancy in England and Wales.It is a form of assured tenancy with limited security of tenure, which was introduced by the Housing Act 1988 [n 1] and saw an important default provision and a widening of its definition made by the Housing Act 1996.
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26-32 Voltaire Road, London, - · Directions · 03338880205