Region-by-region update on Spain’s holiday rental law
EDITOR’S NOTE: Many people buy a second home in Spain with the idea of renting it out when they are not using it, but are confused by the patchwork of regional regulations governing short-term rentals to tourists. Rental-expert Louise Brace makes it easier to understand what is going on with this summary of the latest situation in each region.
This summer saw the highest recorded number of holidaymakers visiting Spain’s top tourist destinations and increasingly, they’re choosing holiday rentals as their accommodation of choice. In fact, according to research by TripAdvisor, Spain is now the most popular European destination for holiday rental holidays.
It’s been three years since the Spanish government excluded holiday rentals from the LAU (Ley Arrendamientos Urbano) and delegated the task of regulating the industry to its 17 regional governments. Still only 11 of the 17 autonomous communities have published a decree to regulate holiday rentals. Find out the latest status in your region.
REGION OF MURCIA
Is it regulated? No
Note: The regional tourist board have suggested that regulations may be introduced with the publication of the new Tourism Regional Act. No date has been given.
VALENCIAN COMMUNITY
Is it regulated? Yes under the original Decreto 92/2009 which was updated this year to Decreto 75/2015
Since: July 2009 and amended May 2015
Essentials: This year it has become compulsory to register your property
Points to watch out for: If you manage five or more properties you must register as a Tourist Company.
To register your property:Download the application forms and present your Declaración Responsable at a local tourism office, online with an electronic signature or at the post office.
Note: Registration codes for private owners start VT and managers and businesses EGVT. Followed by a code for each province.