BARCELONA, Spain (AP) — Imagine planning a vacation and not being able to check Airbnb or another online booking site for an apartment in which to spend a...
or another online booking site for an apartment in which to spend a few days walking, shopping and eating among the locals. Would a hotel do?in four years. To safeguard and expand the housing supply for full-time residents, local authorities want to rid the Spanish city known for its architecture, beaches and Barcelona City Hall announced last month that it would not renew any tourist apartment licenses after they expire in 2028.
In Italy, a 2022 amendment to national legislation allowed the lagoon city of Venice to limit short-term rentals, but the city administration has not acted on it. Spain’s conservative opposition party is challenging the regional law in the country's Constitutional Court, alleging that the law infringes on property rights and economic liberty. Apartur, which represents 400 owners of short-term rental units in Barcelona, argues the industry has become a scapegoat in a city that has not granted any new tourist apartment licenses since 2014.
“We are not saying that these apartments will disappear and therefore the owners of these apartments can’t generate revenue from them,” Bonet said. “They will have the same assets, but they will have to put them to the use they were originally built for, which is to house families.”Ignasi Martí, director of the Observatory for Dignified Housing at Spain’s Esade business and law school, said that in addition to likely facing legal hurdles, the initiative would at most only dent rental costs.
BARCELONA Spain Tourist Apartment Laia Bonet Real Estate Prices Tourist Destination Housing Units Housing Supply
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