AGP Executive Report
Last update: 18 minutes agoEU Short-Term Rental Crackdown: The European Commission is set to unveil draft rules on Sept. 9 that let local authorities restrict short-term rentals in housing-pressure areas, with limits tied to whether rentals have pushed up costs for years and with primary-home landlords partly exempted—aimed at hotspots like Florence and Barcelona. Construction Slowdown (Italy in Focus): Eurozone construction activity fell faster in August, with Italian firms posting their sharpest contraction in four years as new orders weakened and job losses continued. Urban Cleanliness & Investment Links: Italy’s consul general visited Indore to study its “cleanest city” model, focusing on waste management, sanitation, solar and CNG, with talks on technical cooperation and investment opportunities. Property Market Curiosity (Venice Lagoon): A private island near Venice with a restored Napoleonic fort is listed for $7.5M, highlighting continued global interest in rare Italian real estate. Tourism Pressure (Broader Europe): Reports on overtourism and crowding underline the growing push for tighter controls that can directly affect housing and local quality of life.
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