How to tackle the increase in holiday rentals in Malaga.
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The vacation rental boom has not been long in coming and in these summer dates we begin to find a great demand for this type of short-term rentals.
How does holiday rental in Malaga affect?
In just a decade, demand for holiday rentals has skyrocketed. Many owners have been encouraged to give way to their properties through the exploitation of this business model. Although it may be an escape route for the real estate sector, The increase in this type of rental can influence both positively and negatively in the medium and long term, so it is vital to be well informed about it.
Who benefits from vacation rental?
The maximum benefit is undoubtedly for the owners, that can get high returns quickly and at low risk, since renting their home for a few days a year is more satisfying than keeping a long-term tenant. Among the advantages we find the low risk of delinquency, since payment is made in advance, and high occupancy throughout the year, that will prevent the abandonment of a home that would otherwise remain closed. This option can prevent possible illegal occupations since the continuous movement of tenants under the attention of the real estate manager keeps curious opportunists at bay hunting for empty apartments..
Can the community of owners refuse to house apartments for vacation rental?
If in the statutes of horizontal property, the residents of the building or residential area have included a clause that prohibits the development of housing activity for tourist purposes, this activity cannot be installed.
We remember what applies Article 7.2 that horizontal property law establishes for this purpose:
"AThe owner and the occupant of the apartment or premises are not allowed to carry out activities prohibited in the statutes in it or in the rest of the property., that are harmful to the farm or that contravene the general provisions on disturbing activities, unhealthy, harmful, dangerous or illegal.”
Therefore, if this article is included in the residential property statutes, it is possible that you will find impediments when establishing your holiday home..
What regulations govern holiday rentals in Andalusia?
All housing in Andalusia that is intended for tourist use must be registered in a specialized registry.
Likewise, air conditioning and air conditioning devices must be available in all rooms., city tourist information and first aid kit. Basic items such as towels will also be included, bedding and kitchenware. The agreed price will be per night and will include water supplies, light and heating. A contact number and the mandatory claim sheet book must also be provided..
All regulations can be consulted at BOJA pick up at the Law 13/2011, de 23 from December, Tourism of Andalusia and under the decree 28/2016, de 2 February, of housing for tourist purposes and modification of the Decree 194/2010, de 20 of April, of tourist apartment establishments.
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What procedures must I carry out to register my home as a vacation rental??
The first step is to submit the application form. Responsible Statement. A copy of the occupation license issued by the town hall must be attached to this document., the title deed, the registration certificate of the owner and a copy of the Ibi receipt where the cadastral reference is reflected. Remember that maintaining a holiday home illegally can carry a penalty of between €3,000 and €6,000. To carry out all these procedures, it is best to go to a real estate agent., that can provide you with all the information required to avoid scares and headaches.
If you are thinking of buying a home for vacation rental, or you have an empty apartment and you want to get a high return, Consults. An advisor will contact you to inform you in depth, personally and without obligation.
Ask us for all the information you need by filling out the following form.
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