Mallorca 29 August 2017
The Regional Government of the Balearic Islands recently carried out inspections regarding holiday rental and since then much has been written on the matter: How does the new law affect holiday rental? Is it still possible to rent a home to tourists?
The ministry has decreed that only registered holiday homes can be rented. Certain conditions must be met in order to register the property and documentation related to the home, the owner and the security of the property must be drawn up.
Since July the 7th of this year, real estate agencies have been legally recognised as a means of offering tourist accommodation. The rental department of Mallorca Sotheby's International Realty handles the entire process of renting your property with all the guarantees and we advise you on the requirements that have to be met. We find the most suitable option for each situation, be it holiday or residential rental.
Do not hesitate to contact us for more information on this subject.