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Good news?
Good news for holiday makers and law abiding landlords >>>"Andalusia is clamping down on rogue holiday lets with the introduction of steep fines as part of its new crackdown measures.
Under the soon-to-be enforced Sustainable Tourism Law, which was given the nod this Tuesday (February 18), "unregulated" apartments could be slapped with penalties up to a whopping 600,000 euros (£496,700). Inspection measures will also be improved, utilising the latest technology and data. Less egregious breaches will attract fines ranging between 2,000 euros (£1,656) and 100,000 euros (£82,780), but the most serious violations might see owners cough up to £496,700, reports The Olive Press. What's more, local councils are poised to gain powers to green-light or block the use of private properties as tourist accommodations." Spanish region loved by Brits to enforce £497k fines in new tourism crackdown |
Re: Good news?
Just end the practice and ban holiday lets completely. That's what hotels are for. Good riddance...
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Re: Good news?
Originally Posted by astera
(Post 13300148)
Just end the practice and ban holiday lets completely. That's what hotels are for. Good riddance...
However, it would be dead easy to enforce fix rent price per sq/m. |
Re: Good news?
Originally Posted by EU.flag
(Post 13300165)
Sure, let hotels triple their prices and new era of rip-off begins.
Originally Posted by EU.flag
(Post 13300165)
However, it would be dead easy to enforce fix rent price per sq/m.
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Re: Good news?
As I see it, the issue is unregulated holiday rentals where the owner does not register.
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Re: Good news?
Originally Posted by astera
(Post 13300342)
Not at all, triple prices and get zero reservations. I hope they don't follow your lead... :wave:
Oh, so the gov't should enforce fixed pricing on all holiday lets? Price could be adjusted down to local needs/demands. Simples. |
Re: Good news?
Originally Posted by EU.flag
(Post 13300365)
enforce local rental pricing with fix price per sq/m.
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Re: Good news?
Originally Posted by astera
(Post 13300409)
Too many factors. Location? Views? New vs old building? Newly-renovated vs in need of renovation?
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Re: Good news?
Originally Posted by growinspain
(Post 13300433)
price per sq meter limit would be easy...
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Re: Good news?
A fixed price would surely always be a compromise. Wouldn't that end up with old crappy ones getting more than they are worth and shiny new ones getting the other end of the stick. Eventually all you'd be left with are the mid-range and crap ones being available unless the owners of new ones would lower their standards/expectations.
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Re: Good news?
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Re: Good news?
"However, it would be dead easy to enforce fix rent price per sq/m."
"Local town hall could easily enforce local rental pricing with fix price per sq/m." If that is a justification of a fixed rent per m^2 I'm somewhat confused. That is a rent cap, no? There is a difference between having a fixed rent and having a cap that you can't go above - as astera commented. The article states a variable rent per sq m, not fixed - "...are between €3.92 and €9.80 per square metre, depending on the quality of the flat and what fittings it comes with." E.g. I have a 100 sq m apartment and rent is fixed at 100 x X Euros/sq m and is the same for anyone's 100sq m apartment - as opposed to I have a 100 sq m apartment and I can charge whatever I want as long as it is no more than Y. |
Re: Good news?
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Re: Good news?
I'd agree and everything sounds easy on paper but reality is very different. Even if they have the same sq/m you can't compare a house with garden vs an apartment without a balcony, then what about parking, finishings and so on. Location all plays a part and you might actually end up with fewer nice rentals, it still wouldn't create more supply, let alone make it affordable for those who currently struggle.
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Re: Good news?
Personally I would mainly do two things, ban short-term/vacation rentals in residential properties (exactly what Singapore did) and sharply ramp up taxes on multiple property ownership. Essentially my goal would be to protect the residential property market as a vital commodity and dissuade those who want to use it as an investment vehicle.
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