In 2019 there were over one million tourist apartments in Spain…
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While the Covid-19 pandemic has no doubt brought this number down, Spain still has a huge number of tourist rentals
Generally, most regions in Spain require you to apply for a tourist licence before being allowed to rent your accommodation out to tourists. The process is slightly different for each region but is generally done online through each regional government site.
In March 2019, a new law was passed in Spain which states that if three-fifths of the owners of a building are against short-term rentals in their premises, they can decide to limit or prohibit tourist apartments in their building.
This means that as well as registering your accommodation with the relevant authorities, you must also get permission from the other owners in your building.
In the last few years, several Spanish regions have also brought in new laws and limitations for tourist accommodation, so make sure you do your homework before considering renting out your accommodation because not only do most regions in Spain have differing rules, but many municipalities do too
In most cases, if you do not have a tourist licence and are found out to be renting out your property on Airbnb or similar, you will incur a hefty fine. Fines differ slightly depending on your region.
In the Balearic Islands, for example, property owners who rent out their apartments illegally can be fined anywhere from €20,000 to €40,000, while in Barcelona you can be fined up to €60,000.
If you are looking to buy a property in Spain, France, Portugal, Turkey or USA and need a mortgage email mark@vci-network.com for the latest criteria
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