There’s a new law in the Valencia region of Spain which will affect rental property owners and tourists alike. Skatz tells you all you need to know, including the legal requirements for property owners.

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Hey there, property owners and tourists! Today, we’re diving into some crucial updates for tourists and for anyone renting—or planning to rent—a property to tourists in the stunning Community of Valencia.

Whether it’s a cozy apartment in Valencia city, a town house in Alicante or a beachfront villa in Castellon, this is must-know information and will surely affect property owners and tourists alike. 

As of August 2, 2024, the rules for tourist rentals in Valencia have changed. The idea is to balance tourism and livability for local residents following record numbers of tourists in the past 2 years, and to ensure a sustainable and quality supply.

So, let’s break it down.

1/ All rentals shorter than 11 days are considered tourist rentals. 
2/ Rentals of 11 days or longer are classified as seasonal rentals, and these are not covered by the new law.
3/ If you have a property that you rent out to tourists, you’re not allowed to rent out the property for medium or long term rentals.

These first three rules together mean that you can’t book in tourists for two or four week stays, and tourists wanting to stay longer than 10 days will have to move mid-holiday. 

WARNING! Don’t bother trying to find a loophole, like booking a second week in the same property under a different name, because holidaymakers’ passport numbers and details are on record, and the property owners will lose their licences when, not if, the broken rule is noticed.

The rule also means that if you’ve been renting short term in the summer and then long term for the rest of the year, you won’t be able to do that anymore.

Okay, moving on to the rest of the regulations.

4/ Tourism licences are now valid for only 5 years and then must be renewed by re-applying to the municipality for re-evaluation.
5/ New applications after August 2nd 2024 now require a statement from the Homeowners Association stating that tourist rentals are allowed.
6/ A property may only be rented out to tourists as a whole, so renting out per room isn’t allowed.
7/ You must put the Cadastral reference on official documents and contracts.
8/ In the event of a change, such as renovation, new construction, sale, donation or inheritance, a whole new application must be made for the property.
9/ And finally, after obtaining your tourist rental licence, you must start the rental within two months, otherwise the licence will expire.

Make sure you follow the new law otherwise the fines are not cheap, they range from, wait for it, €10,000 to €600,000. 

Tell us in the comments how this is going to affect you, and what you think of the new rules. 

Is this going to happen anywhere else in Spain? 
We don’t know yet, but I’ll be keeping my eyes and ears open for more developments.
In the meantime, here are the

Legal Requirements for a Rental Property

1/ An evacuation plan on the inside of the front door.
2/ An elevator for a building with 4 or more floors.
3/ Power outlets in all rooms.
4/ Hot water supply.
5/ A list of emergency and important phone numbers in a visible place.
6/ Cooling and Heating (at least in the living room/dining room or kitchen).
7/ Internet connection, unless the home is in an area without coverage.
8/ A First aid kit.
9/ Detailed information on the nearest medical centre.
10/ A Key service. Delivery of keys through lockers on public roads is prohibited.
11/ A cleaning service.
12/ Linen that is changed on a regular basis.
13/ Repairs and maintenance on a regular basis.
14/ The home must be equipped with:
Furniture, cutlery, kitchen utensils and linens. 
15/ All bedrooms must have a closet, either inside or outside the room. The home must have internet connection and a television except in areas without coverage. 
16/ The kitchen must include at least a refrigerator, an iron, an oven or microwave, an extractor, and a minimum of a 2-burner electric cooktop for homes of up to 4 people or a 3-burner electric stove for 5 or more people.

So, there you have it! The new law is packed with details, but staying informed is the key to success. 

If you found this info helpful, why not buy me a coffee or three via THIS LINK

Stay compliant, stay profitable, and enjoy everything this beautiful region has to offer!

Peace & Love, 
Peas & Fluff
Let’s dance!

Article by Skatz