By Euro Weekly News Media • 30 April 2013 • 10:00
HOTELS and estate agents are at odds over proposed changes to the law to make the rental market more ‘flexible’. The aim is to promote rentals and prevent ‘unfair competition’, and to do so, properties rented for tourism will no longer come under the national Urban Rental Law. Instead they would be regulated at a regional level.
The President of the Costa del Sol Hoteliers’ Association (Aehcos), Jose Carlos Escribano, said that the Urban Rental Law allowed for an apartment to be rented short term and the money obtained was often not declared.
But according to the Housing Management Association for Tourism Purposes, the law would limit what people can do with their homes and how tourists choose to spend their holidays. Rental of apartments for tourism generates €2 billion per year in Spain.
There is a property register in Andalucia on which owners must register if they intend to rent to tourists. However, most people do not, and often advertise the property for rent online, so they cannot be traced. They don’t declare the money they obtain and experts complain that the proposed changes to the law won’t solve this.
Share this story
Subscribe to our Euro Weekly News alerts to get the latest stories into your inbox!
By signing up, you will create a Euro Weekly News account if you don’t already have one. Review our
Share your story with us by emailing [email protected], by calling +34 951 38 61 61 or by messaging our Facebook page www.facebook.com/EuroWeeklyNews
Your email address will not be published. Required fields are marked *
Download our media pack in either English or Spanish.