Boadilla del Monte, Madrid, 5 bedrooms, 5 bathrooms, Built area 400 m2, Swimming-pool

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Spain Real Estate News
This stylish dwelling, located in Pozuelo de Alarcón (Madrid), was designed in 2014 by interior designer Marisa González-Llanos.

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The regional government’s new legislation concerning holiday rentals states that owners who are renting their properties to tourists are now obliged to register the property with the Andalusian
tourist registry.
The Junta de Andalucía estimates that around 80,000 private homes with some 400,000 beds are offered as tourist rentals in the region, and this new law is intended to bring to light illegal practices and unfair competition.
The legislation has received the thumbs-up from the local hotel sector, but some property owners claim they have been forced to stop offering their properties for short-term rentals, because they simply cannot afford to comply with the conditions.
Owners who fail to comply with the new regulations could face fines of up to €150,000 and they could also have their properties removed from the registry, but are the proprietors of potential holiday apartments complying with these new rules?
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Designed in 2016 by Home Deco, this inspiring single family home is located in Baix Empordà, Girona.

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Ever since the late King Fahd decided to build a complex of five palaces and a number of mansions on the exclusive Golden Mile during the 1980s, Marbella’s image has been associated with the
excesses of the Saudis.
Fahd’s building spree followed a successful visit to the ritzy Incosol Hotel In 1979 when he was still Crown Prince, prompting him to choose this corner of Andalusia over the South of France for his summer residence.
But while his presence and that of his extraordinarily extravagant entourage might have made the biggest splash, his Kuwaiti neighbors had already blazed the trail, investing their petrodollars in property and starting a love affair with Marbella that has lasted 40 years.
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Property pundits have been concerned that sales of newly built Spanish homes appear to be low, contradicting the notion that a solid recovery is in full swing. In fact all the evidence shows the new
developments from Madrid to Alicante, and from Marbella to Mallorca are selling very well.
So why isn’t this translating into official figures? The reason is that home sales won’t be entered into the property register until they are fully built and have habitation certificates, meaning we can take these seemingly low sales figures with a pinch of salt.
On to the wider sales market, which includes second-hand homes, and the latest figures from the National Institute of Statistics show strong growth across key regions including the Costa Blanca, Costa del Sol, Murcia, Balearic Islands, and the cosmopolitan centres of Madrid and Barcelona.
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