Our regular legal-contributor Raymundo Larraín Nesbitt explains the changes in rental laws in Spain spurred by the key ruling of the European Court of Justice (ECJ) from last 3rd of September 2014 (Case C-127/12), as well as the new touristic rental laws.
By Raymundo Larraín Nesbitt
Lawyer – Abogado
I am going to split my article in two parts.
The first will deal with the changes in taxation related to rental laws brought about by European Legislation; specifically regarding applicable deductions and allowances at both state and regional level (autonomous communities).
The second part deals with the batch of regional touristic rental laws that have swept the land becoming an ubiquitous requirement. Any landlord wishing to rent privately their Spanish property for a period exceeding one month in a year falls under the remit of this new regulation.