Gommar Goffer
Well-known member
once they introduce the new Tourism Laws it will probably be even harder as there may well be less to choose from
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M
Molt de Renou
New member
Basically means that a lot of AirBnB type of rentals will no longer be legal after the new law, due Easter 2107, has come into force.
M
Molt de Renou
New member
They are also going to crack down hard on people who rent out their apartments for short term lets ( week, 2 weeks etc ) if they do not have all the proper paperwork and permissions, especially from the community and other property owners in the same building.
This is Balearic Island thing, not just Pollensa.
This is Balearic Island thing, not just Pollensa.
debz1
Well-known member
Andrew Ede from the Mallorca Daily Bulletin summed it up this week!
Pollensa the great exception to the holiday rentals' rule » Balearics » News » Majorca Daily Bulletin
Pollensa the great exception to the holiday rentals' rule » Balearics » News » Majorca Daily Bulletin
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Nick
Banned
Excellent news. Too many people renting when they're not allowed to and not paying tax on it. Thank god the Spanish have finally woken up. Years and years of lost revenue. Crazy.
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Molt de Renou
New member
Nick, I can't quite gather whether you are being serious or not.
Personally I am in favour of this new proposed law which is very similar to the one currently being applied in Cataluña ( Barcelona ).
Since Airbnb came into being, a huge amount of properties that had previously been long term were taken off the market.
This has meant that staff who work or want to work in the local hotel and food industry either gave up trying or had to settle for apartments in Inca or farther afield. Not a big deal in London terms but is here if only earring 1.000 a month and having to fork out travelling costs as well.
This has also meant the locals FROM Inca now have a bigger problem finding rental properties and having to pay more for them.
Whilst the tourist industry continues to be a 6, 7 or 8 month affair this accommodation problem will keep getting worse.
Personally I am in favour of this new proposed law which is very similar to the one currently being applied in Cataluña ( Barcelona ).
Since Airbnb came into being, a huge amount of properties that had previously been long term were taken off the market.
This has meant that staff who work or want to work in the local hotel and food industry either gave up trying or had to settle for apartments in Inca or farther afield. Not a big deal in London terms but is here if only earring 1.000 a month and having to fork out travelling costs as well.
This has also meant the locals FROM Inca now have a bigger problem finding rental properties and having to pay more for them.
Whilst the tourist industry continues to be a 6, 7 or 8 month affair this accommodation problem will keep getting worse.
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Nick
Banned
Oh I'm serious alright.
With holidaymakers not going to places such as Turkey, Egypt, Tunisia, some Greek islands etc. renters are cashing in on increased rental markups as it's easy money. Why should they not pay tax? Even at a lower rate if necessary.
What also annoys me is that people who rent out in apartment blocks pay the same community charges as those who don't yet those who choose not to rent have no say in who rents out.
This law is long overdue. I challenge anyone to explain to me how this new revenue claimed and spent enhancing PP and indeed other resorts is not beneficial??
(Assuming and hoping at least part of the revenue goes to local areas).
With holidaymakers not going to places such as Turkey, Egypt, Tunisia, some Greek islands etc. renters are cashing in on increased rental markups as it's easy money. Why should they not pay tax? Even at a lower rate if necessary.
What also annoys me is that people who rent out in apartment blocks pay the same community charges as those who don't yet those who choose not to rent have no say in who rents out.
This law is long overdue. I challenge anyone to explain to me how this new revenue claimed and spent enhancing PP and indeed other resorts is not beneficial??
(Assuming and hoping at least part of the revenue goes to local areas).
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M
Molt de Renou
New member
Yes but one thing is tax on the profits ie income tax, which goes to the central government ( Madrid ) and another is the tourist tax which goes to the local one, except for the IVA which is charged on top of this, which also goes to Madrid.
Madrid is extremely keen to get their hands on this money, more so than the local one, and have more information at their disposal to make sure they get it.
Having said this legal rentals properties are able to, and most do, pay a fixed sum every 3 months which more or less covers the tourist tax they would have to pay if accounted for person per person this eliminating paperwork for both parties.
Regarding communities and as you probably know it was previously not possible to legally rent a flat in an apartment building. This has now changed.
If the building is in an area that the local council has determined that renting properties to tourists is acceptable ( not all of them will be ) the majority of the owners must give their permission first. I suspect that in a lot of cases they won't.
The apartments must also be disabled persons friendly ie no steps and have a lift, etc.
After all this has been complied with they then have to purchase a permit from a limited kitty, which means not everyone will get one.
This is the idea. It still hasn't been approved by the local government who are currently more involved in sorting out the squabbles between the 3 parties in charge of administrating out present and future wellbeing.
Worried ? Me ?
Madrid is extremely keen to get their hands on this money, more so than the local one, and have more information at their disposal to make sure they get it.
Having said this legal rentals properties are able to, and most do, pay a fixed sum every 3 months which more or less covers the tourist tax they would have to pay if accounted for person per person this eliminating paperwork for both parties.
Regarding communities and as you probably know it was previously not possible to legally rent a flat in an apartment building. This has now changed.
If the building is in an area that the local council has determined that renting properties to tourists is acceptable ( not all of them will be ) the majority of the owners must give their permission first. I suspect that in a lot of cases they won't.
The apartments must also be disabled persons friendly ie no steps and have a lift, etc.
After all this has been complied with they then have to purchase a permit from a limited kitty, which means not everyone will get one.
This is the idea. It still hasn't been approved by the local government who are currently more involved in sorting out the squabbles between the 3 parties in charge of administrating out present and future wellbeing.
Worried ? Me ?
M
Molt de Renou
New member
Having said that, I suppose I should be as I have just read that the Spanish government during 2017 need, yes need to sell public debt bonds for the amount of 200.000 million euros ( yes 5 zeros ) to cover their requirements for this year.
This probably explains the reason they are so keen to get their hands on the rental market money.
This probably explains the reason they are so keen to get their hands on the rental market money.
S
steve&marilyn
New member
- Joined
- Mar 21, 2012
- Messages
- 70
I think he's the fat Spider-Man who works the crowd in the Plaza Major Madrid.
M
Molt de Renou
New member
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