Living With Our Rapido 963f Le Randonneur Motor Home.

Thursday, 11 February 2016

The End Is Nigh For Cheap Spanish Holiday Rentals.

When I researched the possibilities of long term winter rentals in Spain last year, I came across a piece of legislation that was about to be introduced, which for better or worse will have implications for Brits who want to escape the winter by using cheap long term holiday lets.

The law that has recently been passed will regulate the letting of property as holiday rentals. It will require owners of properties which are rented as holiday accommodation to register their property with the Junta, (county council). Owners must also ensure their properties meet a set standard of regulation which includes a list or set requirements. For example properties must be fitted with air conditioning that operates both heating and cooling, bed linen, a first aid box, fire extinguisher and clearly published rate sheets which also display contact information. Of course, now being under the official umbrella, rental income will now also become the subject of taxation.

All this of course is already in place in countries such as the UK, but this will now put an end to the cheap unofficial "back pocket" type rentals here in Spain, which should be no bad thing in many cases.

There are some exceptions to the new rules, for example those that are rented to the same person for longer than two months, and also rural property.

One ambiguity is an exception to properties that are rented free of charge and those that are rented for just a few weeks of the year. Owners now have just three months in which to register their properties and ensure that they meet the required standards.

This has long been a bone of contention between bone-fide hoteliers who have said that they are operating against unfair competition, and generally they welcome this new legislation. However, property landlords generally condemn the legislation as overly complicated and unnecessary. The people who will be most affected are the owner occupiers who let their property casually during the hot Spanish summer so that their own winter stay will be funded by the income as well as perhaps helping towards mortgage repayments.

Property rental websites will be checked in future for non-compliant owners, and fines of up to €150,000 will be payable by those who fail to comply.

Times are a changing here in Spain.

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