SEP
Recently, the Valencian Community has approved a new decree that tightens the conditions for tourist rentals. This measure not only aims to regulate the sector and protect tenants but also has a significant impact on the real estate market.
Rental Licenses: From now on, tourist licenses will automatically be lost with the new regulations. This means that owners selling their properties will lose this possibility at the time of the sale deed, affecting the property's value.
Capacity Limitations: There will be limits on the number of guests allowed, aiming to prevent overcrowding in certain areas.
Owner Responsibilities: Property owners will need to ensure that their tenants comply with community regulations.
Controls and Penalties: There will be increased controls to detect violations, and penalties will be stricter for those operating without the proper license.
It is crucial for buyers to be cautious, as many listings from real estate agencies and individuals continue to inflate property prices by including the possibility of a tourist license. However, purchasing a property that currently has this license will result in an automatic loss of that option at the time of the deed. Make sure to carefully evaluate whether the purchase is truly sustainable in the long term.
At Alicante Properties, we understand that these regulations may create uncertainty, but they also offer the opportunity to professionalize the tourist rental sector. If you have questions about how to adapt to this new regulation or need advice on your purchase, feel free to contact us.
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