Beleggingen in onroerend goed in Barcelona – The Tyler Group

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Investments in real estate in Barcelona

• Properties in Barcelona on the basis of
  short-term rented to tourists, business travelers
  and students. Short term let vary from a day to
  several months, although some agencies bookings
  of less than 3 or 4 days accepts.
• New regulations are introduced, making it
  difficult to hold on a short term basis in
  Barcelona to rent to tourists. As part of your
  rent, you must plan a lawyer check what you can
  do with a property before you buy it.
• The regulations are complicated and vary from
  district to district. Generally you can only rent
  property to tourists (legally) do you have a
  license from the City Hall. In the popular old
  town district the City Hall will not grant more
  licenses, so a home that already has a license is
  your only option. In other areas, there are
  several conditions which determine when a license
  is granted. And in all areas of Barcelona, you
  need a permit from the regional government to
  participate in this activity you are doing
  legally. People can tell you that these licenses
  are not important, and that everyone rents
  regardless. You would be wise to ignore these
  people, and everything about this topic with your
  lawyer to check before buying.

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• Bear in mind that, if you are trying to rent
  without a permit, you run the risk of being
  reported to the authorities (neighbors unhappy
  with violent oblige tourists usually on this
  front), and if something happens on a tourist
  stay in your apartment without licenses, you
  would be in serious trouble.
• Property in Barcelona based on short term rent to
  tourists can make your life hell for neighbors,
  so keep this in mind before you decide to go on
  this road.
• Anyway, as a result of competition is the
  steadily becoming more and more difficult for the
  rental of apartments in Barcelona with success on
  short term basis. The runaway success of short
  term rental properties in Barcelona in recent
  years is largely due to the current problems.
  Word got out about the big yields and resulted in
  a considerable expansion of the number of offered
  on short term rental apartments. Catalan real
  estate investors have gone hard, and overseas
  buyers are not far behind. The flood of new
  apartments coincided with a large increase in the
  number of hotel beds in Barcelona. Greater
  competition from both hotels, which have dropped
  their prices, and other apartments means that
  capacity utilisation and prices, driving returns
  fall down. This is not the simple, lucrative
  business it once was.
• One of the biggest challenges for non-resident
  owners who want their apartment on the basis of
  short term rent is finding a good Agency and
  manage their property on the market.