The proliferation of tourist, seasonal or room rentals to circumvent the Housing Lawmany fraudulent, has contracted the traditional residential housing stock and increased pressure on pricesforcing administrations to reflect on how to regulate them.
The Minister of Housing and Urban Agenda, Isabel Rodriguezis a supporter of limit tourist accommodation in stressed areas respecting regional powers and wants to meet with the Autonomous Communities together with the Minister of Industry and Tourism, Jordi Hereu, to address this issue that is putting pressure on the residential market and access to housing.
Although it recognizes that the rise of vacation and seasonal rentals is reducing the supply of residential use in large cities and tourist areashe Bank of Spain calls for limitations not to be applied without taking into account their effects on economic activity. The entity encrypts the deficit of new housing at 600,000 until 2027 to meet the expected demand.
Since the entry into force of the Housing Law, in May of last year, the Rental Negotiation Agency (ANA) calculates that seasonal rental and room rental could have subtracted more than 25% from the traditional one of your offer.
For its part, Exceltur warns of the uncontrolled growth of tourist homes at the start of the year, with an increase of 60,000 places (25.2%) in the 25 main cities, reaching 285,266. The business association places Madrid and Barcelona in the lead, with 59,111 (29.8%) and 41,681 (11.8%), followed by Malaga, with 32,468 (+29.9%).
Hoteliers also ask for a state law
With a supply at a minimum, unable to satisfy the offer, housing for rent became more expensive by 7% at the end of the first quarter and it returned to maximums with 12.36 euros/m2 per month, according to Fotocasa.
For this reason, many administrations are taking measures. This same week the Madrid City Council has announced that it will suspend the granting of new licenses for tourist homes and will multiply the sanctions on illegal accommodation until the modification of the General Urban Planning Plan (PGOUM) is approved.
Until then, it will reinforce inspections and publish the addresses of legal tourist homes. In Madrid 14,699 tourist establishments operateof which 92% are homes for tourist use, but only 941 operate with a municipal license.
In the Canary Islands, discontent with the excesses of tourism led to a demonstration on the 20th demanding another model due to the escalation in rental prices. the saturation of roads and natural spaces. The organizers demand a moratorium that suspends the authorization of new hotel rooms and holiday apartments, an ecotax and the regulation of home purchases by foreigners.
Seville wants to be the first Andalusian city to limit housing for tourist use thanks to the decree of the Junta that regulates tourist apartments and gives power to the town councils to limit it. Despite the increase that Exceltur detects in Malaga, Seville, Grenade, Cordova and Almeriathe Minister of Tourism, Arturo Bernal, believes that Andalusia is far from a problem of tourist oversaturation.
In Barcelona Since 2012 there has been a tourist tax and a limit on the opening of new hotels in the center and various areas of the city, although the new city council (PSOE) has been open to allowing some unique ones. The city has frozen licenses for tourist apartments since 2014.
In the Balearic Islands there has been a moratorium since the last legislature (with a government led by the PSOE) that prevents the expansion of tourist places but the current government (PP) has announced that it will repeal it. Also Cantabria working on a decree to regulate housing for tourist use, among other examples.
The seasonal one shoots
Seasonal rentals have skyrocketed by 58% in the last quarter to reach 11%, while The supply of permanent rentals has been reduced by 15%, according to Idealista, which links it to current policies.
The portal detects strong increases in Málaga (123%), Valencia (99%), Alicante (85%), Seville (83%), Palma (70%) and Bilbao (62%). In Madrid it grew by 58%53% in Barcelona and 47% in San Sebastián.
Many agents in the sector, such as Seguro Rental, demand that the LAU develop seasonal rentals to determine the duration and reason for the temporary nature. In order to avoid fraudulent use, which according to the Negotiating Agency responds to the strong interventionism suffered by the traditional one.
This week the Catalan government approved an emergency decree law to regulate seasonal rentals and prevent owners from seeking to avoid price regulation in stressed areas. It contemplates fines of between 3,000 and 90,000 euros for owners who fail to comply.
Within the framework of the working group created ad hocthe Ministry of Housing is going to call a new meeting to address the conclusions and safeguard seasonal rentals that really are.
