Etiqueta 'Balearic holiday rentals law'
Holiday rentals
Over 3,500 holiday rentals places are no longer on the market
Since legislation came into force, 574 properties with 3,620 accommodation places have been removed from the market.
Holiday rentals
Only 70% of new accommodation places are for holiday rentals
There will in fact be only some 30,000 places for rentals: 70% of the total.
Holiday rentals
Holiday rentals legislation to be challenged in Brussels
It is argued that the rentals legislation contravenes free market directives because it contains restrictive criteria.
Holiday rentals
Rentals legislation led to immediate loss of 22% of places
According to Terraferida, there was a 22% reduction in the number of places on Airbnb within three days of the legislation coming into force.
Holiday rentals
European holiday rentals association criticises Balearics law
While the Balearic legislation was under discussion, the tourism ministry is deregistering some holiday rentals properties.
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