The new regulation comes into force Housing Lawoffering More protection for tenantsit leads Some property owners will take their flats off the market or change them to: other methods Leases that are not affected by price limitations or mandatory extensions imposed by the regulations.
One of the most obvious effects of this has been the increase in housing offered exclusively for special purposes. seasonal rentalis exclusively governed by the Urban Leasing Law and the Civil Code. This method is valid for the following leases: not intended for permanent residence of the tenant and therefore limited to a very specific period –usually less than a year- and specific reasons. For example, it would be: displaced teachersTo cover a few months of sick leave, college students, or families renting a house for a few months to run their own business.
Thus, according to portal data IdealistOnly in the last quarter such rental offers increased rose to 46 percent Alicante, and they already represent 10% of all ads published. If the same period last year is taken as a reference, the increase was 113 percent.
This is about a greater increase than recorded at the national level, Seasonal rentals increased by 39% in the third quarter of the year, but this is far from the increases occurring in cities such as A Coruña, which increased by 290% in these months; or 215% of Tarragona.
Just the opposite, The supply of traditional or long-term rental housing decreased by 6% in Alicante during the same period, which approximately corresponds to the time since the new law came into force. Of course, there are 18 percent more apartments available compared to last year.
idealist spokesman, Francisco InaretaHe assures that “the boom in seasonal rentals is directly linked to the entry into force of the Housing Code.” With the onset of punitive and coercive measures against property owners, many people decided to take their properties off the market. Far from returning to the permanent rental market, increasing numbers of people are choosing to switch to seasonal rentals; These leases offer the owner a less stringent and completely legal environment, although they have clear limitations.