Landlords in Europe: a comparative analysis

the International Union of Property Owners (UIPI) took the initiative to compare the private rented sectors in a number of European countries, each with their own legislative frameworks and socio-economic backgrounds. What is the duration of residential tenancy agreements? How can a rent be terminated? Under what conditions can a rent be increased? What are eviction procedures? What are transaction taxes, capital gains taxes and recurrent property taxes in the different EU countries? These are among the many questions that are briefly answered in comparative and comprehensive tables and graphs.

The relevance of the comparative analysis for the private rented sector is reinforced by the current European macroeconomic climate, with the European Commission believing
that a stable and functioning private rented market is both beneficial and essential; especially when we consider that European economic governance through the European
Semester is, in many cases, advocating the shift away from income-based taxation to property-based taxation as it is viewed that this is less detrimental to the economy. This analysis will contribute to the larger debate.

The focus of this analysis will be on the main characteristics, strengths and weaknesses of national legislation in our case study countries. There have been many scholarly papers
on this topic over the last few years and therefore our intention is not to provide another piece of academic research but rather look at the private rented market in Europe from a
practitioner‘s point of view; highlighting the key issues which landlords and their businesses face. We hope to improve the understanding of the legislative frameworks in Member
States and provide a clear picture of the private rented sector in Europe. 

The analysis looks at Austria, Belgium, the Czech Republic, France, Germany, Greece, Ireland, Italy, Norway, Slovakia, Spain and the United Kingdom. In order to simplify the comparison, the report is divided into three chapters. The first part focuses on the legislative framework in both the residential and commercial sectors. The second chapter discusses the taxation that landlords face and the concluding chapter is dedicated to planning policies; including the issue of expropriation.

Click here to read the full report.
Click here to access the UIPI website.