-
All
-
Rustic house
-
Cellar
-
House with land
-
Rustic property
-
Country House
-
-
House/Chalet
-
Unique property
-
Semi-detached house
-
Villa
-
Quad House
-
Bungalow Top Floor
-
Luxury Villa
-
Bungalow Ground Floor
-
Terraced house
-
Bungalow
-
House
-
Duplex House
-
Single family house
-
-
Building
-
Building
-
Hotel
-
-
Garage
-
Garage
-
Parking
-
-
Premises or Warehouse
-
Business
-
Business Premise
-
Industrial Unit
-
-
Apartment
-
Mezzanine
-
Apartment
-
Penthouse
-
Duplex
-
Studio
-
Flat
-
Ground floor apartment
-
Semi Attic
-
-
Land
-
Urbanizable land
-
Building Site
-
Plot of land
-
Find Your Ideal Home on the Costa Blanca and Mar Menor, with Exclusive Offers in Torrevieja and Orihuela Costa
MAR
Vacation Rental or Traditional Rental?
If you've ever wondered which is the most profitable way to rent out a property, you're in the right place. Choosing between a vacation rental or a traditional rental may seem complicated, but in this article, we'll help you discover which one best suits your needs.
To make this easier, we’ve created an online calculator that not only helps you determine which type of rental is most suitable but also allows you to measure the return on investment of your property based on different rental models. With this tool, you can calculate the annual interest a property would generate if purchased, as well as compare the returns of vacation rentals versus long-term rentals. This way, you'll have a clearer view of the profitability of each option before making a decision.
This will make it much easier for you to make the best decision and avoid surprises.
Vacation Rental
On one hand, vacation rentals often generate higher income during peak seasons. The ability to adjust prices based on demand and take advantage of tourist influxes can result in attractive returns. However, it's important to note that this type of rental requires more active management: from frequent maintenance and cleaning to marketing the property to ensure occupancy. Additionally, during low seasons, occupancy rates may drop, leading to some uncertainty in monthly income.
The interesting part of this type of rental is that you can use the property yourself during the months or weeks you choose simply by not renting it out during those periods.
However, keep in mind that regulations have become stricter, and if you're investing solely for vacation rentals, you must be well-informed about which properties qualify and which do not.
Traditional Rental
On the other hand, opting for a traditional rental provides more stable income throughout the year. A long-term relationship with tenants reduces the need for frequent tenant changes and minimizes marketing and management efforts. However, this type of rental may yield lower monthly income compared to the potential maximum earnings of vacation rentals, and price adjustments tend to be less dynamic.
RENTAL PROFITABILITY CALCULATOR
With this tool, you can experiment with different scenarios, compare what you can earn from vacation rentals versus traditional rentals, and practically see how your investment performs in each case. It provides the annual profitability of each option, helping you choose the rental type that best fits your lifestyle and financial goals—whether you're looking for higher short-term earnings or steady monthly income.
Vacation Rental: Know the Regulations in the Valencian Community to Avoid Surprises
Tourist rental is constantly evolving, and recently, modifications have been implemented in the tourist housing decree, covering everything from the licensing process to security and tax requirements.
If you own or have purchased a property to use for tourist rental in the Valencian Community, here is a summary of the key points of the new regulations.
- Stay Limit:
- A maximum limit of 10 days of rental to the same client is established. This aims to regulate the length of stays and prevent prolonged use of tourist accommodations.
- Homeowners’ Association Certificate:
- It will be mandatory to have a certificate from the homeowners’ association to register a tourist property. This certificate must confirm that the tourist activity does not violate the community’s statutes.
- Registration Expiry:
- Registrations in the Tourist Housing Registry will be valid for five years. After this period, renewal will be required.
- Adaptation to the New Regulations:
- If you have a tourist property registered before the new decree (before August 7, 2024), your registration will be valid until August 8, 2029. After that, you will need to re-register under the new decree.
- Quality Requirements:
- The new decree sets stricter requirements regarding the quality of tourist properties, including aspects such as equipment, services, and accessibility.
- Owner’s Responsibility:
- The responsibility of the tourist property owner is more clearly defined regarding compliance with regulations and guest assistance.
- Marketing Channels:
- The marketing channels for tourist properties are regulated, requiring greater transparency in the information provided to tourists.
- Inspection and Control:
- Inspection and control measures are intensified to ensure compliance with regulations and detect potential irregularities.
- Sanction System:
- The sanction system is tightened for tourist properties that fail to comply with regulations, imposing higher fines.
- Promotion of Sustainable Tourism:
- The new decree promotes sustainable tourism, encouraging responsible practices that respect the environment and local community.
Importance of These Changes
These changes aim to balance tourist activity with residents’ right to rest, ensure the quality of the tourist offer, and promote more sustainable tourism. It is important to familiarize yourself with the new regulations and comply with all requirements to avoid penalties and contribute to responsible tourism in the Valencian Community.
Keep in mind that if you purchased a property with a tourist license and the homeowners’ association regulations in your residential community do not allow tourist rentals, you may not be able to renew the license.
At the following link, you can check if your property has a valid tourist license:
Subscribe
Are you thinking about selling your property in Torrevieja and would like to have all the necessary information to achieve the best sale?
Subscribe to our newsletter and receive exclusive information about the real estate market, tips for sellers, and a free guide to selling your home at the best price.