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Houses with a tourist rental license ETV in Mallorca, a unique investment opportunity

Houses with a tourist rental license ETV in Mallorca, a unique investment opportunity

Buying a property as an investment is one of the major financial decisions that you will make.  Furthermore, if the property is in Mallorca and is in possession of a tourist rental license, the return on your investment will be very high.

Its universal fame as a paradise destination, its incredible natural environment and Mediterranean lifestyle, in addition to impressive properties in dream locations, make Mallorca a increasingly popular place for luxury holiday visits.  For this reason, properties with tourist holiday licenses are the jewel in the crown of real estate investment in Mallorca.

Wealthier tourists want to spend their holidays on the largest Balearic Island, to contemplate its scenery and, most of all, to immerse themselves in the luxury Mediterranean lifestyle. Because of this, they look for villas or country houses with a high degree of privacy where they can spend their holidays. Properties with sea views are especially attractive for this type of visitor.

Overseas visitors who wish to stay in one of these properties value being away from the crowds. For this reason, they stay clear of hotel chains and choose to stay in villas or country houses where they can enjoy complete privacy. Mass tourism isn´t a good option for this type of clients, who wish to spend their holidays in peace and quiet.

Pollentia Properties has a selection of luxury properties with tourist rental licenses ETV in Mallorca.  With these properties, you will be able to obtain a good return on your real estate investment if you use it for rental purposes.

 

Shortage of properties: why it is becoming more difficult to buy a property with a tourist rental license ETV in Mallorca

 

High quality tourism is what fuels the economy of the Balearics. For this reason, not everybody has access to these coveted holiday stays.

Buying a property with an ETV tourist license in Mallorca is one of the most stable and safe investments that you will be able to make in the whole of your life. Furthermore, there is a shortage of this type of property, coveted by both investors and tourists.  There are very few properties that are in possession of this document on account of the legal limitations which put a block on this type of activity.

In 2022, moreover, a moratorium was declared on a regional basis which blocks the possibility of acquiring tourist rental licenses.  This means that no property without this commercial license can apply to obtain it.  It is only permitted to rent out properties that already have the corresponding license.

The moratorium specifies that ETV tourist rental licenses cannot be applied for, transferred or acquired during the next four years.  At the end of this time, the number of licenses for each island will not be able to exceed those already in existence.

In short, having a house in Mallorca and using it for tourist rental, means guaranteed success and great fortune at the same time.  If this is your objective, you will have to buy a property which already has an ETV tourist rental license.

 

Pollentia Properties has properties for sale with an ETV tourist rental license

 

Pollentia Properties, your luxury estate agency in Mallorca, has properties for sale with ETV tourist rental licenses.  If you want to buy a house to rent out for holiday stays, we have some impressive properties available for you.

 

 

BIBLIOGRAPHY

Blas, Javier and López, Jaime (Illeslex) - The suspension of the possibility of acquiring new tourist places for establishments located on the islands of Mallorca, Ibiza and Formentera (2022)