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Spain looks to Holiday Rentals for Revenue - Holprop News
22 May 2013

As tourist numbers have dropped and Holiday rental prices fall, Spain want’s to squeeze revenue from Spanish holiday lets. Legislation is being put in place to make holiday homeowners seek a license for tourism lets. We can see this has already been put into practice in the Balearic region. The Spanish general law, The Tenancy Act, regulates leasehold activities in this country. This covers ‘permanent housing needs’, which is tenants seeking a lease of a certain duration, to call your property ‘home’, but also regulates leases for purposes other than a permanent home. Like most things, it’s unclear, but leaseholds are said to have a minimu...

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