Published 10 days ago

Madrid gets serious about tourist flats: the tough measures to regulate them

Summary by Vozpópuli

After the rise of tourist flats and the housing bubble of renting and buying and selling homes in large cities, the mayor of Madrid José Luis Martínez -Almeida has decided to take legal measures to regulate the market in the capital. Madrid will tighten fines from 1,000 to 30,000 euros in the first firm fine against illegal tourist apartments, as indicated by the popular one at a press conference held this Thursday. This update to the regulation…

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Vozpópuli

Madrid gets serious about tourist flats: the tough measures to regulate them

10 days ago

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Público

Criticism of the Madrid City Council after its new measure for tourist flats

The council announces as a measure against housing for tourist use the suspension of the granting of new licenses. The opposition has stressed the inanity of the measure since 98% of tourist apartments operate without a license.

10 days ago

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