New Holiday Rental Regulations Are Already Impacting Owners – Thinking of Buying Property in Spain? Are You Prepared?
If you're considering purchasing property in Spain, or already own one, it's vital to be aware of recent regulatory changes. Ensuring your property complies with these regulations is crucial to protect your investment from potential penalties. Non-compliance can result in fines ranging from €30,000 to €150,000, with serious cases reaching up to €180,000. Stay informed and safeguard your investment.
Do you own a property in Spain?
Looking to purchase a home in Spain?
Download our FREE GUIDE at www.freedom-collection.club to learn about the KEY CHANGES to rental licensing and how Ultimate Lifestyles can assist you in managing these changes.
Key Points:
- Mandatory Registration for Tourist Rentals
- Two-Property Limit
- Community Approval and Local Restrictions
- New Compliance Standards
- Administrative Certificate for Older Buildings
- Penalties for Non-Compliance
Avoid legal and financial obstacles and make informed decisions to protect your investment and secure your financial future.
Understanding the New Rental License Rules for Property Owners in Costa del Sol
Recent regulations introduced by the Andalusian government significantly impact short-term holiday rentals in Costa del Sol. If you own property in this area, it is essential to understand how these rules affect your property and investment.
Key Changes to Rental Licensing
- Mandatory Registration for Tourist Rentals
All properties used for short-term rentals must be registered with the Andalusian Tourism Registry. Failure to do so can result in penalties. - Two-Property Limit
Property owners are now limited to renting a maximum of two tourist properties. Investors with more than two properties may need to adjust their portfolios to comply. - Community Approval and Local Restrictions
Properties in shared buildings require approval from the community of owners. Local councils can also impose additional restrictions, which vary by area. - New Compliance Standards
Properties must meet safety and habitability standards, such as fire alarms and essential facilities. Older properties may require updates to meet these regulations. - Administrative Certificate for Older Buildings
Owners of older buildings without proper documentation must obtain an administrative certificate to continue using them as tourist rentals. - Penalties for Non-Compliance
Non-compliance can lead to fines between €30,000 and €150,000. Increased inspections make adherence to regulations essential.
How Ultimate Lifestyles Can HelpAre you looking to purchase a property in Spain without the problems of the latest property regulations?
Our Freedom Collection is for you!
Recent changes in Spain’s rental rules have left many property owners seeking answers, but not all properties are affected. Our exclusive Freedom Collection offers a unique portfolio of investment opportunities that stay ahead of the game. Want to know more? Our properties come with solutions to keep you free from the latest challenges. Explore the possibilities.
YOUR FREEDOM STARTS HERE
Located in Exempt Areas: Every property in the Freedom Collection is carefully chosen in locations that are not affected by the new Andalusian regulations. You can invest confidently, knowing your property won’t fall under the new rental restrictions.
Pre-Approved Rental Licences
Properties within the Freedom Collection come with pre-approved rental licences that fully comply with existing regulations. This means you can rent out your property without worrying about future legal challenges or penalties.
Expert Compliance and Support
With the Freedom Collection, we provide you with the guidance of our local experts, ensuring that every property meets the necessary compliance standards. You’ll have full support to protect your investment and avoid the legal risks posed by these new rules.
Ultimate Lifestyles works with top legal experts on the Costa del Sol to ensure your property complies with the latest regulations. We offer assistance with:
- Registering your property
- Adjusting portfolios for compliance
- Meeting safety and habitability standards
- Securing certificates for older properties
Contact us today for expert advice. Let us help you protect your investment and maximise your returns