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Published 23 days ago

Madrid suspends tourist apartment licenses and tightens fines

Summary by La Vanguardia
Madrid is following in the footsteps of Barcelona and has decided to put a stop to housing for tourist use. There are a total of 13,502 tourist apartments in the city, but only 941 have a municipal license. In other words, a total of 12,561 floors are operating illegally. They represent 93%. With this reality, the mayor, José Luis Martínez Almeida, announced yesterday that the granting of new licenses is being frozen and sanctions will be increa…

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