250 euros per month – vacancy tax required for apartments

Vacancy tax required
“There are a total of almost 60,000 apartments in Klagenfurt, 6,000 of which are empty because they are in need of renovation. However, 6,000 are purely investment apartments, which are referred to as concrete gold in the real estate industry,” explains Mochar. They would not be offered on the housing market as long as the owners cannot achieve utopian rents with them. “In this way, they are contributing to the shortage of housing supply in Klagenfurt.” The city councilor suggests charging a levy of 250 euros per month for each empty apartment.

source site-12