25 April, 2013
If you own a holiday rental property in sunny Spain you should be aware of the Spanish Department of Housing’s new draft law, says the Association of Holiday Rental Managers in Madrid (Asotur). If it’s passed, the regulation of residential rentals in Spain will be handed over to the 17 regional governments, some of whom may restrict short-term residential lets in tourist hotspots to boost business for local hotels.
However, the full details and scope of the law are yet to be released. We’ll post here again once we hear more about it. In the meantime, you can read more by visiting www.spanishpropertyinsight.com