A major selling point of pleasant Costa del Sol temperatures is the freedom to holiday year-round.
Whether a property rental is organised through friends or family who´ve had the foresight to find Property for sale in Costa del Sol Spain, or arranged by independent travellers booking private rented accommodation online, history tells us that when governments look to boost their coffers, the man and woman in the street will be first to take a hit.
Already affecting Barcelona and Madrid, any day now Andalusian authorities will pass a new law on private rented tourist accommodation which will have the domino effect of converting many Costa del Sol visitors to buyers.
Lifeblood of the Costa del Sol, a buoyant residential property market and flourishing tourism sector feed off each other, providing potential owners with an incentive to buy should they wish to exercise their right to open their doors to whoever they choose under a mutual agreement.
The government and hotel industry don´t see it like that, citing unfair competition.
This month, the law against clandestine holiday rentals will introduce an obligatory census of holiday homes, and fines for tourist apartments and villas not registered on the new regional database.
Rafael Rodríguez, Minister for Tourism and Commerce at Junta de Andalucía, said the III Plan de Calidad Turística (3rd Tourism Quality Plan) “will be an important instrument to promote a large part of tourism activity that, at present, is carried out in a clandestine way, off the books.”
Between 20 and 25% of tourist activity in Andalucía falls within this category – “motor of the economy in this community but contributing nothing to the public coffers,” according to El Correo de Andalucía.
Fines from €2,000 for minor offences to €150,000 for the most serious will apply not only to owners of rented tourist accommodation, but to individuals and businesses who market unregistered rentals.
Far from discouraging visitors, the Junta is counting on the Costa del Sol´s global pulling-power: the law will do nothing to deter the increasing numbers coming to these shores.
For those experiencing their first taste of Costa del Sol living and those who regularly rent from friends, family or online portals, the law has paved the way for a new tranche of property buyers. Quality apartments from €76,400 under the Paradise Marbella Realty banner suddenly become a realistic, highly attraction option to visitors wanting a Costa del Sol property of their own.