New Rental Law in Andalusia Comes into Force
The requirement to register apartments rented out to tourists began some four years ago in Catalonia. Now, more and more regions are following this idea and the latest to introduce registration is Andalusia.
April property market update
Latest reports suggest that the current demand for housing in Spain will continue rising by around 10% throughout 2016, stimulating further growth in house prices throughout the year.
Signs of Property Market recovery in Spain
The property market in Spain saw an improvement at the end of 2015, although this was patchy, with some areas faring better than others. Since the beginning of 2016, the market has had ups and downs, with a drop in sales in January, but a rebound in February, and a very strong comeback in Madrid and Barcelona with high end property selling well.
Spanish authorities go to war on rentals
Many holiday home buyers factor into their calculations the likely income from renting out the property when they’re not using it, but are not aware that you need the correct licence to do so. That’s an increasingly dangerous game in Spain, as local authorities – in an effort to protect hotels and other official tourist accommodation providers – go to war against private individuals offering holiday rental.How to buy a holiday home in Spain
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