They suspect owners either don’t know about it or don’t want to register because they mistakenly believe it involves paying an extra tax.Įither way, short-term contracts offer less protection than the Rental Law and demand less from the landlords. Sources in the City’s Tourism Entity told the Herald that implementation of the Temporary Rentals Law was stymied by the pandemic - it was passed in December 2019. Temporary rentals are supposed to be listed in the Temporary Rentals Registry if they are for tourists, but only 347 apartments are officially registered. The 2020 Rental Law mandates that tenants must be offered three-year leases with some exceptions, including transient locals (students or workers, for example) and tourists. He said that the Federation had calculated that there are approximately 20,000 such listings on Airbnb and another 50,000 on websites or apps like MercadoLibre, Facebook, Argenprop, Zonaprop, and. “There are around 70,000 short-term rentals listed in Buenos Aires,” Gervasio Muñoz, president of the National Federation of Tenants, told the Herald. Like in many other cities, temporary rentals - destined for tourists, digital nomads, workers, students and affluent locals through websites like Airbnb and - are changing the real estate market and making it increasingly difficult for locals to find an apartment in Buenos Aires.
Speaking from an apartment he had to find in just days, Morán knows he is not alone. Morán, for example, signed two six-month contracts until his landlord decided to kick him out with almost no warning. This type of contract is less regulated and has more flexible conditions for owners than the three-year contracts established by the Rental Law. Landlords are increasingly renting furnished apartments on short-term contracts to locals and visitors alike.
“I was paying AR$60,000 with utilities included.” “They are currently renting it out for three months to a Spanish man who pays US$800 a month,” Morán told the Herald. When Franco Morán, 27, called to renew the contract for the studio apartment in San Telmo he had been renting for a year, his realtor told him he had less than a month to vacate it: the landlord had decided to put it on accommodation site, and was getting a lot of interest.
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