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Housing Minister announces measures to regulate tourist rentals in Spain

Jesus Carames

May 17, 2024 | 6:18 p.m.

The Minister of Housing and Urban Agenda, Isabel Rodríguez, highlights the need for preferential regulation for the tourist rental of housing and announces meetings with autonomous communities and city councils to address this problem.

Isabel Rodríguez, Minister of Housing and Urban Agenda, has highlighted the urgency of addressing the new forms of tourist rentals that are affecting the housing market in Spain. During a visit to the Porcelanosa group, Rodríguez stated that her department is addressing "exceptional issues" that are disrupting the real estate market, especially in large cities and popular tourist destinations such as Barcelona, ​​Madrid, Malaga and Valencia.

The new types of tourist rentals are transforming homes previously dedicated to residential use into temporary accommodation for tourists, which has generated significant tension in the rental market. This situation is increasing prices and making it difficult for the majority of citizens to access rental housing with an average salary.

Rodríguez stressed that "this problem requires preferential attention," given that the tourism sector is vital for the country's economy. However, he emphasized that it is necessary to balance the economic interest of tourist rentals with the social right to access housing. The minister announced that next week she will meet with the autonomous communities to offer support in the regulation of this market and harmonize different interests.

The Government is analyzing the jurisprudence of the EU High Court of Justice, the Supreme Court and the specific regulations implemented by different autonomous communities, as well as local initiatives by city councils. This comprehensive assessment seeks to identify best practices and provide a supporting framework to local and regional authorities.

The minister also plans to convene the town councils and has contacted the president of the Spanish Federation of Municipalities and Provinces (FEMP) to coordinate efforts. "It is important that all administrations go in the same direction and join forces," said Rodríguez, underlining the need for concerted action to address the rental crisis.

Isabel Rodríguez stated that, as minister, she prioritizes the right to access housing over the economic interest of tourist rentals. This stance reflects the Government's commitment to ensuring that housing policies protect citizens and maintain affordability in the rental market.

Intervention in the tourist rental market not only seeks to regulate prices, but also to ensure that homes are available for those who need a permanent place to live. This measure is crucial for cities facing increasing tourism pressure and where short-term rentals have significantly reduced the supply of affordable housing.

The meeting with the autonomous communities and city councils will be an opportunity to discuss strategies and share good practices that have already proven to be effective in other regions. The goal is to implement regulations that balance the growth of tourism with the need to maintain affordable housing for local people.

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