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64% Of Tourist Apartments Become Traditional Rental Homes

64% of holiday rental homeowners have switched their properties to residential rental and in 49% of cases, they have done so indefinitely.

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64% of holiday rental homeowners in Spain have decided to switch their properties to residential rentals as a result of the pandemic, according to a study by the real estate portal Fotocasa.

Before the health crisis, the group of owners who rented some of their homes for holiday stays was relatively small: 6%. Now, their situation has radically changed as a result of the fall in tourism and the mobility restrictions imposed in recent months.

Read the full article in Spanish.

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