Marbella and Flexible Accommodation: Keys to Legislative Changes and their Impact on Housing Value
Spain's Flexible Accommodation sector is facing new legislative headwinds, with particular impact on key tourist areas such as Marbella. An LPA report looks at how changes to the Horizontal Property Law and other measures are seeking to regulate tourist accommodation, and warns of the potential unintended consequences for property values and rental supply.
The Luxury of Flexible Accommodation Evolves: How will Branded Residences Adjust Rates in a Maturing Market?
The branded residences sector is maturing, and with it, its fee structures are poised for a transformation. As more brands, both hotel and non-hotel, come into play, competition and owner expectations will drive changes in commissions and management models, redefining value in ultra-luxury Flexible Accommodation.
Innovation in Flexible Accommodation: Bechester and Andbank Launch 10 Million Leasing Vehicle to Equip 'Living' Spaces
The Flexible Accommodation sector receives a new financial boost. Bechester, a specialist in equipment for living spaces, and Andbank, have joined forces to create a leasing vehicle of up to 10 million euros. This initiative aims to facilitate investment in high quality furniture and equipment for student residences, coliving, senior living and other long-stay formats, boosting supply and professionalising the sector.
New Tax Window: 50% Reduction in Personal Income Tax for Renting Rooms in Habitual Housing, a Boost to Long-Term Flexible Housing
A recent confirmation from the Directorate General of Taxes opens up a tax opportunity for landlords: a 50% reduction in personal income tax for renting out rooms in their main residence. This clarification seeks to encourage a form of Flexible Accommodation that contributes to the permanent residential offer, although it explicitly excludes tourist and seasonal rentals.
Flexible Accommodation Boosts Seasonality: Tourist Apartments and Rural Tourism Lead Extra-Hotel Growth in May
The Spanish non-hotel sector closed May with notable growth, led by the dynamism of tourist flats and rural tourism. This progress, which exceeds the pre-pandemic figures, underlines the capacity of Flexible Accommodation to attract more travellers and consolidate seasonally adjusted demand, diversifying supply and destinations.
Registry Chaos in Flexible Accommodation: StayAlliance Alerts on Persistent Failures in the Single Registry of Tenancies
The implementation of the Unique Tenancy Registration Number (NRUA) for Flexible and Seasonal Accommodation is creating a major bottleneck and frustration. StayAlliance reports "persistent failures" in the system, which is paralysing the legal operation of thousands of dwellings and threatens significant damage to the sector, right in the middle of the peak season.
Academic Boost to Flex Living: Coword and the University of Malaga Join Forces to Innovate in Flexible Housing
The Flex Living sector in Spain takes a qualitative leap forward with a pioneering collaboration. Coword, a benchmark in Flexible Housing, has signed an agreement with the University of Malaga to promote teaching, research and innovation in this residential model. This alliance seeks to professionalise the sector and train future experts in a market in full expansion.
Santander Boosts Flexible Accommodation in Barcelona: 28 Million for a New Student Residence by Atir Hospitality
The Flexible Accommodation sector in Spain continues to attract significant investment, with Barcelona consolidating its position as a development hub. Santander has committed EUR 28 million to finance Atir Hospitality's first student residence project in the city, a move that underlines the strength of this segment and its ability to attract bank capital.
The Heart of Flexible Accommodation: Small Landlords and Landlords Drive Short Term Rental in Spain
Contrary to popular perception, the short-term rental market in Spain is dominated by individual and small-scale owners and landlords. A recent analysis reveals that this atomisation, far from the image of large corporations, is the very essence of Flexible Accommodation in the country, with significant implications for its regulation and future.
Numa Continues European Expansion: Digitised Flexible Accommodation Arrives in Vibrant Brighton, UK
Flexible Accommodation operator Numa, a leader in digitised urban stays, strengthens its international footprint with a new opening in Brighton, UK. This strategic move consolidates its model of technological efficiency and contactless customer experience, expanding its offering in one of Europe's most dynamic tourism markets.
Rental Profitability in Spain: A Brake on Investment in a Constantly Tense Market
The gross rental yield on housing in Spain declined slightly to 7.21 PTR3T at the end of the second quarter. Although yields remain attractive in certain areas, slower growth and regulatory uncertainty are cooling the decision to buy homes for rent, especially in the face of the growing supply of Flexible Accommodation.
Beyond Traditional Luxury: Wellness Tourism Boom Redefines High-End Flexible Accommodation
The concept of luxury holidays is evolving. Discerning travellers are no longer just looking for relaxation and pleasure, but an immersion in physical and mental wellbeing. This trend is driving a wave of innovation in high-end Flexible Accommodation, with resorts and clinics offering "regenerative" experiences that go far beyond a simple spa.
Luxury Reconfigures: Exclusive Resorts Invests in OneFineStay, Boosting the High End of Flexible Accommodation.
The luxury Flexible Accommodation sector is experiencing a high-profile strategic move. Exclusive Resorts, the prestigious shared ownership club, has acquired a significant stake in Accor's OneFineStay. This alliance promises to elevate the elite private residence rental experience, fusing exclusivity with global scale and redefining the expectations of the discerning traveller.
The Age of Extended Stay: Flexible Accommodation Drives the Hybrid Hospitality Revolution
The travel landscape is changing dramatically. The growing demand for extended stays, driven by remote working and the mix of leisure and business, is catapulting hybrid hospitality. This Flexible Accommodation model, which fuses the best of hotels and residential flats, offers an ideal solution for the modern traveller.
Serviced Apartments vs. Hotels: Does Flexible Accommodation Have a Decisive Advantage in the New Travel Paradigm?
The rise of serviced flats is redefining travellers' expectations. This form of Flexible Accommodation not only offers more space and privacy, but is also positioning itself as a superior option in terms of flexibility and cost-effectiveness, posing serious competition to traditional hotels, especially for medium and long term stays.
Digital and Bureaucratic Collapse: Unique Registration Number Challenges Flexible Accommodation in Tourist Municipalities
The implementation of the Single Rental Registration Number (NRUA) is creating a significant bottleneck in the property registers of many Spanish tourist municipalities. With hundreds of thousands of applications in the pipeline and varying criteria, the bureaucracy threatens to squeeze a large volume of Flexible Accommodation out of the market, raising questions about the future of this sector and its implications for housing supply.
The Great Flexible Housing Reboot: Single Registry Kicks Off and Uncertainty Tackles 250,000 Households
Spain launches the single registry for Flexible and Seasonal Accommodation, marking a turning point in the sector. This measure, which seeks greater control and transparency, could remove hundreds of thousands of properties from the market, generating a significant economic impact and raising serious doubts about its effectiveness in resolving the permanent rental crisis.
Flexible Accommodation in the Red: 9,000 New Beds in Development and a Transaction Market Heating Up
The student residence sector in Spain, a fundamental pillar of Flexible Accommodation, is booming. With thousands of new beds under development and a significant volume of assets changing hands, the market is proving to be resilient and attractive to investors, consolidating itself as one of the most dynamic niches in real estate.
Flexible Accommodation at the Top: Marriott Accelerates in Madrid and Nido Closes a Multi-Million Dollar Mega-Buyout of Livensa
The Flexible Accommodation market in Spain is going through a period of intense effervescence. While giants such as Marriott are entering the luxury of long-stay accommodation in the heart of Madrid, the student residences and coliving segment is sealing one of the biggest deals in Europe with the acquisition of Livensa by Nido. These are two sides of the same coin: the growing confidence of investors in the versatility of this model.
Madrid in the Spotlight: Flexible Accommodation Boosts Investor Attractiveness and Surpasses 4,000 Euros/m² in Key Areas
Madrid's Flexible Accommodation market is experiencing a period of booming investment. With a growing demand and a business model that seduces large capitals, prices per square metre in areas such as Chamartín are already over 4,000 euros, marking a clear preference over traditional residential rentals and consolidating this segment as a star asset.
