Thinking of using your property in Spain for holiday rentals?
One of the most profitable ways to make income from your property in Spain is to use it for holiday rentals. This is particularly true for homes located in Spain’s most popular resorts such as those on the Costa Blanca, Costa de la Luz, Costa del Sol and on the islands. In addition, you can offset earnings from lets to pay for your mortgage and other expenses.
Demand for holiday lets is higher than ever. Spain is currently the world’s third touristic destination behind France and the USA, and should shortly overtake the USA to become the second. In addition, it’s never been easier for holidaymakers to find somewhere to stay through online platforms, allowing tourists from all over the world to discover and book your holiday rental.
A word of caution
However, holiday rentals in Spain are highly regulated and subject to strict legislation. If you’re to make a success of yours, you need to know exactly what the requirements are and how to register your holiday rental with the appropriate official bodies.
The good news is that at Costaluz Lawyers we can help you follow the correct procedure and ensure that your holiday home complies with all the right regulations. Just get in touch for a free no-obligation chat or fill in the form below.