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Investing in a Home for a Holiday Rental or a Long term Rental Pros and Cons - Investing in a Home for a Holiday Rental or a Long-term Rental? Pros and Cons

Choosing to rent a home like a holiday rental or a long-term is a common question faced by those who wish to invest in real estate. However, there is not always a clear answer. Different factors determine which of the two options may be more advantageous in certain circumstances.

Carefully analyzing these issues is the only way to find the key to maximizing rental income. These are aspects such as the location, the expenses associated with each type of rental, the legislation or even the level of risk that you wish to assume.

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The Most Wanted in Holiday Rentals in 2023 What Travelers Seek - The Most Wanted in Holiday Rentals in 2023: What Travelers Seek

Holiday rentals must meet specific requirements to be comfortable and enjoyable for seasonal renters. Also, we should consider another factor: the growing number of digital nomads and people who travel abroad for work or study and need temporary accommodation. Additionally, we must offer them some extra comforts.

These amenities and small details make a home attractive in the first place. Secondly, providing an unbeatable experience for the tenant will result in good reviews and the best possible promotion.

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Managing a Holiday Home Rental 5 Tips to Maximize the Return on Your Investment - Managing a Holiday Home Rental: 5 Tips to Maximize the Return on Your Investment

Managing a holiday home rental requires different strategies than a long-term rental. The change of tenants and the high offer in certain areas make it necessary to implement initiatives to deliver an accommodation that stands out. Only in this way will it be possible to increase bookings and maximize the return.

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10 Tips to Increase The Bookings of a Holiday Rental Home - 10 Tips to Increase The Bookings of a Holiday Rental Home

When we analyzed the evolution of the holiday rental market in 2023, we saw the short-term rental offer keeps growing. Standing out from such a wide offer is not easy. Gaining visibility is not enough to increase the bookings of a holiday rental home. It'll be necessary to implement strategies that increase the property value, making a difference and encouraging potential guests who choose us over the others.

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Avoiding Holiday Rental Scams Tips and Precautions if You Are Renting from Abroad - Avoiding Holiday Rental Scams: Tips and Precautions if You Are Renting from Abroad

Apartments that look nothing like the photos, homes much further from the beach than advertised, or even flats that don't exist. These are not frequent situations, but sometimes they happen, and they can ruin that long-planned holiday. Avoiding holiday rental scams is possible if you take some precautions.

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Holiday rental penthouse apartment in Marbella e1495467416710 - More than half of all holiday rental properties in Andalucía are in Malaga province

It is now nearly ten months since new regulations were introduced to ensure that properties which are used as holiday accommodation ...continue reading "More than half of all holiday rental properties in Andalucía are in Malaga province"

Security is becoming increasingly important these days and the owners of more than 5,660 holiday homes in Malaga province who have registered their properties with the Junta de Andalucía are 49453703 1817139 foto50875896 300x200 - Owners of holiday homes must give the police details of all clients who stay therealso required to provide the police with details of every client who stays in their property.

The Register of Tourist Accommodation in Andalucía has only recently come into force, and many owners of holiday accommodation may not be aware of this additional requirement. However, the governmental sub-delegate’s office in Malaga has confirmed that people who rent a property to tourists must pass on the identity details of the clients to the Citizen Participation Unit of the police force, just as the hotels have to do.
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The first decree to regulate private holiday accommodation in Andalusia has resulted in nearly 4,500 applications for registration in the first week since the new regulations vacation home in Torrox Malaga 300x200 - Nearly 4,500 applications in one week to register holiday homes in Andalusiacame into force on 11th May. Under the terms of this decree, anyone who is renting or wishes to rent a residential property to tourists and who markets it through intermediaries or online must obtain a registration number and comply with certain conditions.

The Junta de Andalucía’s Tourism Department says that in this first week, more applications were made in Malaga than any other province in the region: 1,379 compared with 251 in Cadiz, 189 in Seville, 87 in Cordoba, 68 in Granada, 65 in Almería, 50 in Huelva and just 11 in Jaén.
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Many owners of holiday rental properties are now rushing to register them as tourist accommodation in order to comply with new regulations which come into force on 11 May.

40808693 1777870 foto 122426 300x225 - Owners of holiday homes rush to comply with new regulationsThe number of applications to register a property on the ‘Registro de Turismo de Andalucía’ had increased by 705% by the end of April, according to Monsalud Galindo, the regional government’s Tourism delegate in Malaga. Between 1 January and 30 April, there were 1,736 applications to register rental properties, compared with just 246 in the same period of 2015. Next Wednesday is the first day that registration numbers will be assigned, enabling owners to rent their properties legally.
The new decree states that any property in Andalucía must be registered if it is habitually rented out for holidays at a price set by the owner and is marketed through tourism channels such as travel agents or online platforms.
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The demand for cheap holiday homes on the Costa del Sol, especially those destined for the foreign market has revived the interest of Sareb (‘sociedad de gestión de activos procedentes de la reestructuración bancaria’ or bad bank) in completing the stalled building work on such properties.

villas in Benalmadena 300x192 - Bad Bank to Finish 116 Homes on Costa del SolThe company, created in 2012 as part of a condition laid down by the European Union in exchange for aid of a hundred billion euros to Spain’s banking sector, is responsible for dealing with toxic assets and has now turned its attention to two developments in Malaga province, totalling 116 homes.

Of these a hundred are concentrated in a residential estate in Casares, though the company will not yet say where. The homes are in the final phase of construction - 80 per cent built and in some cases lacking only electricity or phone connections or painted walls - and with works to re-start in July are expected to be completed by the end of the year and put on the market.
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