Vacation Rental in the Comunidad Valenciana: What's New and How to Do It Right

In the Comunidad Valenciana, more and more homeowners are choosing to rent out their property (or a part of it). While this may seem appealing, it's important to know that not everything is allowed. With new regulations, certain rental practices are now being strictly regulated. Fines can be substantial, but with the right approach, you can legally and smoothly rent out your property.

Below, we discuss the main changes and provide tips on how to manage vacation rentals correctly.

What Has Changed in the Legislation?

• Prohibition on Renting Out Rooms
  Renting out a part of your property, such as individual rooms, is not allowed. This could result in heavy fines, so if you want to rent, do it for the entire property.
• License Renewal Every 5 Years
  From August 5, 2024, rental licenses must be renewed every five years. This requires approval from both the municipality and, if applicable, the homeowners' association (HOA).
• No Keybox Usage
  The use of keyboxes for handing over keys is no longer permitted. The check-in procedure must be done in person, allowing you to immediately register the tenants' details.
• Tenant Registration
  Don’t forget to properly register tenants with the Guardia Civil. This is a legal requirement, and failing to comply can lead to issues.
• New Builds: A Smart Move for Renting
  Consider investing in new builds if you want to rent out a property. In new developments, the HOA often has yet to be established. At this stage, there are often more investors who also want to rent, making their approval important for rental approval.
• Selling or Changing Owner? New License Required
  If you sell the property or if there is a new owner, a new rental license is required to continue renting legally.

Tips for Landlords

• Obtain a License
  Apply for your rental license on time and adhere to the regulations. This will help you avoid problems and fines. Remember, renewal is required every five years.
• Know the HOA Rules
  If investing in an apartment or new development, ensure that the HOA permits rentals. This can be a significant advantage if many investors are doing the same. Alternatively, you can buy a property without an HOA.
• Rent the Entire Property
  Although it may be tempting to rent out individual rooms, it’s wise to rent the entire property. This is legal and prevents heavy fines.
• Good Communication with Tenants
  Make sure to be personally present for the check-in of your guests. It’s not only required but also enhances the guest experience. Alternatively, collaborate with a company like Moraga Rentals to assist you.
• Stay Informed About the Rules
  Rental regulations can change. Stay updated to ensure your rental activities comply with the law. Subscribe to Moraga Immo’s newsletter to keep up with all the information. Sign up under the contacts section if you’re not yet a client.

In Conclusion

Renting out your property in the Comunidad Valenciana can be a great way to generate extra income. However, it’s crucial to do it the right way. With the new rules, being well-prepared and having the right licenses and approvals is essential. By investing wisely and following the rules, you can enjoy the benefits of vacation rentals without worry. Discuss your budget and options in a personal consultation.

Have questions about the new regulations or need help with your rental license application? We’re here to help!

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