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New Long Term Rental Reform Act – A Spanish Fandango



       One Step Forward
       On the 14  December 2018, the Consejo de
               th
       Ministros de la legislatura made changes by royal
       decree to reform current rental legislation. The
       changes include the increase in the duration of the
       rental contracts with annual rents limited to the CPI
       or the creation of a housing price index.
                                                                                                                                                                                                    sun Reception, where you can seek
       Here is a summary of the changes.                                                                                                                                                            advice, book hire cars, airport
                                                                                                                                                                                                    transfers and arrange excursions
       home The period of mandatory extension of
       rental contracts has changed from 3 to 5                                                                                                                                                     sun The ‘Brasserie’ Bar and
                                                                                                                                                                                                    Restaurant
       years with an option to extend by a further 1
       to 3 years. In the event that the landlord or                                                                                                                                                sun Renato’s Kiosk for drinks and
       the tenant does not wish to extend or renew the           The Spanish Minister of Development, José Luis Ábalos / Gtres                                                                      snacks
       contract, it will not be extended.                   Any rental contract signed between the 19  December                                                                                     sun A solar heated, saline, swimming
                                                                                                 th
                                                            2018 and 1  February 2019 that adhered to the                                                                                           pool and children’s pool
                                                                     st
       home If the lessor is a legal entity (a Company), it will   overturned 2018 Law will be valid since it reflects the
       be a 7-year mandatory contract with a 3-year         wishes of both landlord and tenant. However, the implicit                                                                               sun Jacuzzi and Sauna
       option.                                              renewal period of three years will not apply and will                                                                                   sun Petanque and Multi-sports courts
                                                            revert to one year as specified in the 2013 Law.
       home The increase in annual rent will be linked to the   If the lease is for 1, 2 or 3 years, it is regulated by the                                                                         sun Extensive sunbathing lawns
       CPI for the duration of the contract (5 years).      2013 law and the tacit renewal remains at one year.                                                                                     sun Official Naturist Beach
                                                            The fact that the 2018 Law was rejected does not change                                                                                 sun New Gym
       home To be able to terminate the contract, once the   the position of a landlord and tenant who agree on a                                                                                                             40
       expiration date of the contract or any of its        rental period of 5 or 7 years. This period will be stated in
       extensions has arrived, and after at least 5 years if   the contract and, as such, is binding regardless of the       The Best Family Naturist Beach in Europe
       the landlord is an individual, or 7 years if it is a   legislation then in force. The owner will not be able to
       legal entity, the landlord must inform the tenant of   terminate the contract before the end of the rental
       their unwillingness to renew the contract at least 4   period.
       months in advance. If the tenant wants to leave, he
       must give two months notice.
                                                            One Step Forward
                                                                    th
       One Step Back                                        On the 6  March 2019 the Royal Decree Law 7/2019
       However, on the 1  February 2019, the Plenary Session of   came into force. It is not being enforced retroactively; in
                       st
                                                            other words, existing contracts remain valid. Tenants
       the Congress of Deputies in Spain rejected the Royal   signing contracts after the 6  March 2019 will not have to     We are .... the very first naturist resort in Spain. Founded in 1979, by Royal Decree, we celebrate our 40th
                                                                                    th
       Decree Law 21/2018.                                  pay the ITP (tenant’s tax).                                      Anniversary in 2019.
       That meant that all rental contracts after the 1  February                                                            Our resort is situated just to the west of the town of Estepona, in the sunny and warm Costa del Sol in southern
                                              st
       had to conform to the previous 2013 legislation, including  All Too Much?                                             Spain – perfect for the naturist lifestyle. Costa Natura lies right alongside the official naturist beach, with
       the payment of Law on the Transfer and Documented    If you are struggling to understand what this means for          fantastic views of the Rock of Gibraltar and mountains of Morocco.
       Legal Acts Tax (Impuesto de Transmisiones Patrimoniales   you and your new long term rental, please speak with        We are beautiful ... guests admire our mature sub-tropical gardens – they are absolutely beautiful! Costa
       y Actos Jurídicos Documentados).                     Brian at C2C Properties who will assist you.                     Natura consists of 196 apartments, of various sizes, many of which are available for holiday clients to rent.
                                                                                                                             See costanatura.com for details. The apartments are charmingly arranged in the style of the ‘Pueblos Blancos’,
                                                                                                                             so famous in southern Spain. Tammie’s Boutique provides a range of stylish ladies wear and jewellery.

                                                                                                                                                  FREE Day Visit worth 50€ per Couple

                                                                                                                                                       To Book Mention Visit Andalucia

                                                                                                                                                                  Please contact reception to book
          C2C Property Sabinillas SL is committed to providing a first-class professional service both to property owners                                                    Daily Rate
         and tenants alike. C2C Properties are regulated by The AIPP (Association of Property Professionals). As a Member                                 35€ per person    50€ a couple    Under 9's Free
            of the AIPP, we have been vetted and approved, and we have voluntarily committed ourselves to industry
                                                      regulation.                                                            Costa Natura                                        For Reservations & A Complete List Of Our Facilities
         To verify our membership, to read the Code of Conduct, or to find out more about the AIPP, visit www.aipp.org.uk.   Carretera de Cádiz Km 151                                 Visit Us Online At  www.costanatura.com
                                                                                                                             29680 Estepona, Málaga, Spain                                 Or Call Us On: +34 952 80 80 65
                                                                                                                            www.visit-andalucia.com    Costa Natura is open all year round, with the ‘Brasserie’ offering entertainment according to season. 17
                                                                                                                                                                               May 2019
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