Tourist licences essential for growth

Finestrat recently hosted the 1st Business Meeting of Residential Tourism with the participation of more than one hundred companies linked to the sector, developers, real estate agencies, banks, as well as various law firms and notaries.

Mayor Juan Francisco Pérez Llorca opened the meeting and said that, “the Costa Blanca is in fashion, Finestrat is in fashion. We have become one of the world’s leading destinations for residential tourism because more and more people from other countries choose us, not only to spend the summer but also to live here for several months of the year. A choice, among others, motivated by the work we have been doing for years in administrative efficiency, expansion of connectivity and close and personal attention in more than 90 languages”.

The aim of the 1st Residential Tourism Business Meeting, as Alfonso García, CEO of Imont Legal & Taxes Finestrat, indicated, “is to inform foreign clients about the real estate sector and the fiscal measures and incentives in terms of taxes and housing”.

He also called for a reduction in the time it takes to obtain a tourist licence as the granting of tourist licences is one of the points that most worries buyers. Young foreigners have one essential requirement among others: to be able to have a licence for tourist use when they are not in their property.

However, Juan Francisco Pérez explained at the meeting that Finestrat Town Hall, “manages to issue building permits in a month and reports of tourist urban development compatibility in just 15 days”.