[:en]The coronavirus health crisis has had a major impact on the tourism sector. Faced with the uncertainty of the arrival of tourists, due to outbreaks and border closures, owners of tourist apartments in Spain have opted for residential rentals to try to make up for this season's losses.
One in four tourist apartments is converted into traditional apartment rentals
Although there was a time when we had more beds in this type of property than in hotels, the truth is that the market for apartment rentals tourist no is going through its best financial moment. The business seems to have reached its peak in our country and is beginning to show signs of exhaustion. The Spanish Federation of Associations of Tourist Housing and Apartments (Fevitur) points out that The sector could lose up to 2.9 billion euros this year.
Along these lines, the president of the association of tourist owners Madrid Aloja explained in El País that in the next few months, one in four tourist apartments could be converted into traditional rentals. Data defended by the Association of Tourist Apartments of Barcelona (Apartur), stating that more than 40% of the tourist apartments in Barcelona have already been transformed into residential rental apartments. due to lack of business.
Concern about apartment rentals in coastal areas
On the other hand, the COVID-19 crisis together with the continuous restrictions of the municipalities regarding this type of rental housing, are accelerating a reconversion of the sector in the medium term. Proof of this is that 16.5% of holiday apartment rentals on the pisos.com portal have been listed as residential rentals after the de-escalation.
Industry experts such as the general director of the Rental Negotiation Agency (ANA), José Ramón Zurdo, are optimistic in this context, arguing that The current crisis will improve access to housing in Spain. And this, in turn, will lead to a general drop in prices for the purchase and sale of properties in high-demand areas, which until now have been dominated by tourist rental apartments.
This scenario is also particularly disconcerting for holiday home owners in coastal areas who are used to high seasonal profitability, such as Vilanova i la Geltrú or Sitges. It should be noted that the City Council of Sitges has already limited the licenses to 10% of this type of accommodation when it was detected that there could be more than 2,000 tourist apartments out of a total of 17,640 homes.
How to convert your apartment from tourist rental to residential rental
The flexibility of regulation The law will allow many of the homes that choose to rent out their homes permanently to be converted into seasonal rentals. During the year required by law, the owners will have the experience of seeing that Traditional rentals offer much more peace of mind than holiday rentals.
Now, Zurdo warns in El Español that converting a tourist rental apartment to residential could be illegal if not properly credited the duration of the lease. Taking into account Article 9 of the LAU, if the tenant proves that it is his/her habitual residence, he/she may remain there for up to five years if he/she is a natural person (seven if he/she is a legal person), even if a shorter or temporary period has been stated in the contract.
If you are considering sell your home, or convert the holiday rental to residential, do not hesitate to contact Serra Grup Immobiliari To get the maximum profitability, through the telephone of each office, sending us an email to info@serra.immo or by filling out the form contact from our website.[:ca]The coronavirus health crisis has had a great impact on the tourism sector. Given the uncertainty of the arrival of tourists, due to the outbreaks and border closures, the owners of tourist apartments in Spain have opted for residential travel to try to alleviate the losses of this season.
One of every four tourist apartments is passed on to the traditional apartment converter
If there is going to be a time in which we are going to have more access to these types of properties than in hotels, the truth is that The tourist apartment market does not pass by its best financial moment. The business seems to have touched our country and began to donate symptoms of exhaustion. The Spanish Federation of Associations of Habitatges and Tourist Apartments (Fevitur) points out that The sector could lose up to 2,900 million euros this year.
In this line, the president of the Madrid tourist owners association Allotja explained to the country that in the next few months, One in four tourist apartments could be passed on to the traditional traveler. Dades defends the Association of Tourist Apartments of Barcelona (Apartur), in stating that more than 40% of the tourist apartments of Barcelona have already been transformed into residential rental apartments due to lack of business.
Concern for apartment rentals in coastal areas
Furthermore, the COVID-19 crisis, together with the continuations restrictions of the councils on these types of convertible habitats, They are accelerating a reconversion of the sector at mitjà termini. The sign of this is that the 16.5% of the vacancy apartment rental has become listed as a residential rental after the de-escalation on portals with apartments.com.
Sector experts such as the general director of the Lloguer Negotiating Agency (ANA), José Ramón Zurdo, are optimistic about such a context, defending that The current crisis will favor access to habitat in Spain. In addition to causing a generalized reduction in prices in the buying and selling of real estate in areas of high demand. Fins ara cool pels tourist flats.
Així mateix, this scenario is very disconcerting for the owners of vacant flats in coastal areas accustomed to high profitability per season. Com, for example, Vilanova i la Geltrú or Sitges. It should be noted that the City Council of Sitges will limit the licenses of these types of allotments to 10% in detecting that there could be more than 2,000 tourist apartments out of a total of 17,640 habitats.
How to transfer the teu pis from tourist to residential
The flexibility of regulation Converting these apartments into seasonal rentals will make it easier for many of the habitats that the residential converter opts for to remain permanently. During whatever the law requires, the owners will have the luxury experience that The traditional convertible is more relaxed than the vacationer..
Ara bé, Zurdo adverteix in L'Espanyol de Converting a tourist flat to a residential one could be illegal if the temporality of the lease is not correctly accredited. Tenint en compte article 9 of the LAU, if the tenant demonstrates that it is his habitual habitat he will be able to romandre in the mateixa until five years if he is a natural person (or if he is a legal entity), face that he has been recorded in he contracts a lower or temporary temp.
If you are wondering I will sell your home or convert the vacation rental to residential, do not hesitate to contact the Serra Grup Immobiliari for maximum rendibility, through the telephone number of each office, send us an email to info@serra.immo or fill out the form contact from our website.[:]
