Thinking of investing in Spain? We have good news!

A breakthrough for investors on the Costa del Sol: Rental licenses are now transferable!

Are you thinking about investing in real estate on the Costa del Sol? Or are you looking for that perfect vacation home that also generates a return on investment? If so, we have good news for you.

After a period of uncertainty and rumors, the Junta de Andalucía (the regional government) made a decision this week that changes the rules of the game—and does so in favor of investors.

The End of Uncertainty

In recent months, there has been a great deal of concern about the future of short-term rentals in the region. Investors were wondering whether they would still be able to rent out properties in the future and what the risks were involved in buying a home without a guarantee of a permit.

Those concerns are now largely a thing of the past. The new regulations finally provide the clarity the market has been waiting for.

What has changed?

The essence of the new regulation is simple yet powerful: If you purchase an existing property that already has a tourist rental license, that license can now be automatically transferred to your name.

Previously, the license would often expire upon sale, or a completely new (and uncertain) application process would have to be initiated. That obstacle has now been removed.

Why is this good news for you?

This legislative change offers immediate benefits to buyers of existing real estate:

• No long wait times: You no longer have to wait for bureaucratic approval. You make the purchase, the license is transferred, and you can generally start renting out the property right away.
• Less uncertainty: You’re not buying a “pig in a poke.” If the property has a license, you can be sure you’re allowed to rent it out. The rules are clear.
• Greater certainty and value: This makes existing properties with a license even more attractive and valuable. You’re investing in a proven product.

Conclusion

This is a major step forward for the real estate market in Andalusia. It makes investing in a second home on the Costa del Sol more accessible and safer than before.

Are you ready to invest?

Are you looking for a property you can start renting out right away, without the hassle of permits? Now is the time to get started.

At Marbella Second Home, we know the market and the rules like no one else.

Contact Katty, Gino, or Jan Smit today. We’d be happy to help you find the right property—fully licensed and ready to rent.