The economic uncertainty due to rising rates and inflation has not stopped home purchases completely. Less if it is the acquisition of a second residence which is currently on the rise in Spain and is gaining strength despite the global situation. Now Spaniards who buy a second home are choosing to rent it and this has given wings to tourist rentals because approximately a third of these owners would be willing to rent their home ,and in particular the majority do so as vacation rentals both because of the profitability it generates. as to avoid the effects of the Housing Law.

This is according to a report carried out by a real estate portal, which states that 36% of those who buy a second home decide to rent it .In particular, 23% opt for short-term or tourist stay methods ,and only 13% opt for long-term rentals (still increasing 2 percentage points from 2022).

Most of them put it in vacation rentals instead of long-term rentals due to its profitability and to escape the Housing Law. It should be remembered that short-term rentals (vacation rentals, with contracts of up to 11 months or rentals per room) are not regulated by the Urban Rental Law (LAU), so they are not affected by the new regulations implemented by the Government.