Spanish rental prices fall in 2011
The average cost of renting a home in Spain declined in 2011, as you would expect with property prices falling.
Crack down on illegal holiday lettings in The Canaries
The majority of holiday lettings in The Canaries are illegal and the regional government is cracking down with swingeing fines
90pc of holiday rentals generate more than 45,000 Euros per year claims operator
Short-term tourist lettings are extremely profitable, claims Grupo HomeAway, a vacation-rental portal
Catalonia introduces holiday rental licences for landlords
Making a bit on the side with holiday rentals won’t be so easy in future for property owners in Catalonia. Following in the footsteps of The Balearics, the government of Catalonia has passed a decree making tourist rental licences obligatory for landlords.
Rental prices up 1.1pc in October
Rents are going up at half the level of inflation, leaving landlords out of pocket in real terms.
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