Restrictions on Holiday Letting - Advice needed
Posted: 18 February 2008 05:04 PM  
Tourist
Rank
Total Posts:  2
Joined  2008-02-18

I recently tried to register my apartment in Majorca as a holiday let (as the new law requires) and learnt that I couldn’t because the few full-time residents in the block object.  The apartment block is in a holiday resort and most apartments have previously been partly used by owners & partly let out when owners weren’t using them.

Is there anything we can do about this?  The value of the apartment is hugely affected by its letting potential and in effect we have simply been robbed of thousands of euros (even if we could find a buyer in the circumstances). 

I have seen no publicity about this situation.  Is it just in the Balearics or does it affect the rest of Spain too?  Is this a new form of “land grab” from expats, as people have bought in good faith with a view to holiday letting andd now it is impossible unless your block is designated a holiday block.

Profile
 
Posted: 18 February 2008 06:03 PM   [ # 1 ]  
Expatriator
RankRankRankRank
Total Posts:  303
Joined  2006-03-16

This is the first reference I’ve seen to a “new law” requiring the registering of property for holiday lets.  Does anyone know if it would affect an inland village house in Andalucia?

 Signature 

Martin, Scotland and the Alpujarra.  http://www.casasierra.blogspot.com

Profile
 
Posted: 18 February 2008 06:11 PM   [ # 2 ]  
Tourist
Rank
Total Posts:  2
Joined  2008-02-18

I’ve just managed to find information about holiday letting across Spain on the Spanish Property Insight website.  It seems that the law is only being implemented at present in Majorca Ibiza and the Canaries, but could affect other areas if the local authorities decided to do so in the future.

Profile