How Does the New Law for Tourist Rental Properties in Valencia Affect You?
There’s a new law in the Valencia region of Spain which will affect rental property owners and tourists alike. #YouTooSpain host #Skatz tells you all you need to know, including the legal requirements for property owners.
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4 Comments
Thank you Skatz, that could be useful. The rules seem sensible, but the fines seem to be a bit steep. #FOF #Stillalive
Great informative video Skatz. FOF.
Wow! Big changes…elevator and ac in Spain? Thx Skatz! Take care ❤
Great video. It looks like this squarely hits Airbnb type businesses who have been renting out for a week or even just a weekend – the typical profile of Brits on a quick break to the Costas – they'll be back in hotels. The traditional Spanish national summer rental of all-of-August looks like it's unaffected. I don't understand why it's 11 days, though. I would have thought 16 days would discourage two week rentals as well which would be almost all Brit summer holiday stays. I wholeheartedly approve of Valencia's initiative – locals can't compete for small homes when they're all being snapped up by wealthy speculators using platforms like Airbnb to rake in the equivalent of many thousands of Euro monthly rental for a small home.