If you are currently looking for property for sale on the Costa del Sol or you already own a home in the area, you may be worried about the recent changes covering properties that are rented out to tourists, and the possibility of further regulations being introduced in the near future.
As real estate agents who both live and work within the municipality of Fuengirola, Weber Estates has been keeping an eye on the news, so we can make you aware of the new laws governing tourist rentals and explain the reasons why they are being imposed in this area.
The following information has been provided by Fuengirola Town Hall:
At the end of 2024, the Fuengirola Town Hall commissioned a study by independent consultants specialising in housing and planning. The results revealed that incredibly 9% of all homes in the city are used as tourist rental properties, which has put significant stress on the local housing market.
Steps to alleviate the problem have been put in motion:
There has been crackdown on property owners who are not complying with Article 7.1.6. of the General Urban Plan (PGOU) which came into effect in February 2024. This has resulted in cancelling the licences and striking approximately 600 properties from the Regional Register of tourist properties.
To provide context, since May 2016, owners who rent out their property to tourist are required to register as a Vivienda Turistica, and failure to comply could result in an 18,000€ fine. In January 2024, the legislation was updated to include further requirements and clarifications. Any property deemed to be ‘habitually’ rented out for periods of less than 2 months, either as a whole or by individual room (with the owner living in the property), will be covered by the new regulations.
The government’s definition of ‘habitually’ is any property that is advertised for rental via travel agencies and online platforms.
Although some of these steps may seem harsh, it is important to be aware that the Town Hall has clearly stated that they are not declaring war on holiday makers and those who own an investment property that is rented out to tourists. Instead, they are trying to achieve a more sustainable business model that it is fair all parties.
Town Planning Councillor, Rocio Arriaga, explained, that Fuengirola Town Hall is following initiatives already implemented by other Spanish tourist destinations, with the aim of making tourism more sustainable, without impeding the residents’ quality of life.
If you would like more information about property for sale in Fuengirola , whether you are looking for a holiday home in Fuengirola, contemporary apartments for sale in Benalmadena or perhaps you are interested in viewing luxury homes in Marbella, contact Birgitte at [email protected] or call +34 683 391 512.
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