Property

Naples: 30 per cent cap on short-term lettings in blocks of flats

The ban on short-term lettings of less than 30 days is being rolled out on a building-by-building basis. Meanwhile, the city is attracting foreign investment and preparing for the 2027 America’s Cup

Sergii Figurnyi - stock.adobe.com

3' min read

Translated by AI
Versione italiana

3' min read

Translated by AI
Versione italiana

A city, Naples, which has once again attracted the interest of property investors and tourists. And which is preparing to host the 2027 America’s Cup. Against this backdrop – which also has its downsides, with visitor numbers rising out of all proportion – the Naples City Council has decided to put the brakes on the conversion of residential propertiesinto tourist accommodation in the historic centre. Under the restrictions decided on Tuesday 15 September, in each building a maximum of 30 per cent of the living space may be used for tourist accommodation, whilst 70 per cent must remain for ordinary residential use. And to include one’s flat on the list of short-term lettings, it will be necessary to change intended use and switch to category A/2. This is the first time that a measure of this kind has been introduced in Italia.

Calculation of the threshold

A system of tourist capacity quotas, building by building, which will cause friction within each block of flats. The threshold will not, in fact, be calculated by neighbourhood, street or micro-area, but on an individual building basis. The ratio to be taken into account will be that between the floor area designated for ordinary residential use and the total floor area of dwellings classified as residential or tourist accommodation. Shops, offices and hotels are excluded from the calculation.

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If, in a block of flats, the proportion of flats already designated for holiday lets has reached the limit, there will be no scope for further conversions. Conversely, where this proportion has not yet been reached, there may be scope for new properties to be let as holiday lets.

Another factor set to affect the market concerns the distinction between non-commercial holiday rentals and managed accommodation businesses on a commercial basis. In the end, it is once again the private individual seeking to generate an income from a flat who is penalised.

Industry figures

This is the paradox that Naples is set to face as it enters the next phase of its growth in tourism. On the one hand, the city has a much wider range of short-term lettings on offer than in the past, though it remains limited when we consider that 4,540 properties (Aigab figures as at September 2026) out of a total of 440,000 properties are advertised online for short-term lets. On the other hand, demand is on the rise, including for property purchases by international buyers – many of them American – attracted by the regatta – an event which, according to estimates, will attract 1.5–1.7 million visitors over the 60 days of the competition – but also by the discovery of a city that is beginning to offer more high-end hotels than in the past.

Critical destination change

The Amendment classifies non-commercial short-term lettings within the residential sub-category A/2, whilst those managed on a commercial basis are reclassified under the category of accommodation services. For the latter, however, the typological regulations largely stipulate that the accommodation must concern entire buildings or areas of at least 300 square metres. For a single flat, therefore, a change of use to accommodation becomes, in most cases, difficult to implement.

The problem is that, in a city where demand from tourists continues to grow and where an international event is being organised, that 30 per cent could become a highly sought-after property resource.

Obstacle to development

At the Executive Committee meeting, someone raised an issue: the city has changed enormously in recent years, and tourism – which was virtually non-existent just ten years ago – has made it possible to regenerate neighbourhoods that were in the hands of organised crime. Today, the city is accessible, attractive and capable of attracting investment – including international investment – acting as a driving force for development and regeneration. The proposed freeze could put a brake on all of this. Or, as happened in Florence, it could lead to a decline in residential property sales, which fell by over 8 per cent in the second quarter of 2026, as recorded by the Revenue Agency’s Observatory.

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  • Paola DezzaCaporedattrice del Lunedì e responsabile del settore real estate per tutto il gruppo

    Lingue parlate: inglese, francese

    Argomenti: mercato immobiliare, architettura, finanza immobiliare, lifestyle, turismo, hotel e ospitalità

    Premi: “Key player of the italian real estate market” di Scenari Immobiliari

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