Beware Airbnb rental trap as Spain cracks down: The popularity of specialized portals like Airbnb has made the rental of apartments or rooms to tourists a real modus vivendi in many cities. This boom has produced unwelcome competition for the hotel sector, forcing Spanish authorities to regulate these practices.
Property owners in Spain have now to register and obtain a tourism license in order to rent their properties. If you rent without one, you can be fined up to €10,000.
This is a risk that doesn’t exist when you buy real estate at custom-built holiday resorts such as La Manga Club because property zoning demands a group of apartments designed and built for tourism rentals.
The buy-to-let apartments at La Manga Club were not conceived as permanent residences, but rather in the context of a holidaying scheme. Benefits of Las Lomas, La Manga include the option of staying in your own apartment for several days or weeks per year, or selling or leaving the property to family members if you so choose.
How to maximise rental resort return
The other major benefit of buying a buy-to-let apartment in a resort is the quality and professionalism of the complimentary services. This includes maintenance, check-in and check-out, the advertising, payments, security and housekeeping…
These factors demand constant attention, an investment of time and energy, that cannot always be expended by the owners if they live in a different country. Buying a property at La Manga Club takes care of these details so that your visitors’ stay is perfect and unforgettable, and turns them into loyal guests and promotors.
So, whether you’re looking for a permanent home or to draw a revenue through tourism rentals, buying in a leisure resort is an interesting investment in terms of its low risk, good earnings. Also, the security of operating within a legal framework, and the quality and services enjoyed by the owner and/or resident are important factors to consider.
If you’re thinking about investing in the real estate sector in Spain, contact international brokers, Walker Property Spain. They can organise viewing and purchase at La Manga and similar resorts across Spain. Specialists who can help you to secure the home and finance that best fits your needs – and produce the best returns.