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Brussels to Give Local Councils Powers to Curb Holiday Rentals and Second-Home Purchases

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The European Commission is set to allow local municipalities to impose restrictions on short-term holiday rentals and the purchase of second homes, in a significant policy shift from Brussels. The move is intended to give towns and cities more tools to protect local housing markets from the pressure of tourism-driven demand. For areas like the Costa Blanca, where platforms such as Airbnb have transformed large parts of the rental market, this could lead to tangible new local regulations. International buyers considering a property as a rental investment should pay close attention to how individual municipalities may respond to this new framework. Seeking up-to-date local legal advice before purchasing is more important than ever.

Source: idealista/news


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