Objectives of the New Regulation
This decree seeks to improve the transparency of the temporary rental market, often linked to rising housing prices in tourist and urban areas, such as Barcelona or other cities with high real estate demand. The regulation is based on European Regulation 2024/1028 and aims to address problems such as the reduction of housing for residential use and abuses in seasonal rental contracts.
Mandatory Registration for Temporary Rentals
Registration in the Single Digital Window will be mandatory to advertise rental properties on platforms like Airbnb or Idealista. Without this registration, owners will not be able to publish their properties. Furthermore, this measure is also expected to reinforce the causality in seasonal rental contracts. This will ensure they are allocated for legitimate needs such as work, studies, or professional travel.
Impact on the Real Estate Sector
For investors and owners, this new regulation may represent a challenge, but also an opportunity to adjust to the regulations and maximize the value of their properties. Therefore, at Llach Serra, we advise our clients on adapting to this regulatory change and taking advantage of new market opportunities.
The definitive regulation is expected by the end of the year, and it is anticipated to provide greater legal certainty for both owners and tenants. Thanks to this type of regulation, the appropriate use of temporary rentals in high-demand areas will be guaranteed.
Article Source: Ministry of Housing and Urban Agenda.