{"id":4931,"date":"2024-10-17T16:40:02","date_gmt":"2024-10-17T16:40:02","guid":{"rendered":"https:\/\/www.qeeingenieria.com\/?p=4931"},"modified":"2025-12-31T16:35:41","modified_gmt":"2025-12-31T16:35:41","slug":"investing-in-vacation-property","status":"publish","type":"post","link":"https:\/\/www.qeeingenieria.com\/en\/tourist-license\/investing-in-vacation-property\/","title":{"rendered":"Investing in vacation homes in the Valencian Community"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"4931\" class=\"elementor elementor-4931\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b0f3258 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b0f3258\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a183d14\" data-id=\"a183d14\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9e492e2 elementor-widget elementor-widget-spacer\" data-id=\"9e492e2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-082e621 elementor-widget elementor-widget-text-editor\" data-id=\"082e621\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"has-larger-font-size\" style=\"text-align: left;\">Do you need to <b>find a property to profit from through vacation rentals?<\/b> At Licencia Vacacional, we help you find and acquire properties eligible for a touristic license.<\/p><p class=\"has-larger-font-size\" style=\"text-align: left;\">The <b>Valencian Community is one of the most tourist-friendly<\/b> regions in Spain. Its incredible beaches, climate, culture, and Mediterranean cuisine attract millions of tourists throughout the year.<\/p><p class=\"has-larger-font-size\" style=\"text-align: left;\">In the last decade, the exponential growth of vacation rentals has added a new dimension to the tourism sector, challenging and competing with traditional hotel accommodations.<\/p><p class=\"has-larger-font-size\" style=\"text-align: left;\">This development has had very positive effects on both tourism quality and at the macroeconomic and microeconomic levels.<\/p><p class=\"has-larger-font-size\" style=\"text-align: left;\">However, in recent years, the sector has encountered some challenges, such as:<\/p><ul><li class=\"has-larger-font-size\" style=\"text-align: left;\">Unregulated and<strong> excessive growth<\/strong> not controlled by the government<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\"><strong>Hotel lobbies attacking<\/strong> vacation rentals.<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Neighboring communities and<strong> neighborhoods unhappy with vacation rentals<\/strong>.<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Studies conclude that vacation rentals contribute to <strong>rising housing and traditional rental prices<\/strong>.<\/li><\/ul><p class=\"has-larger-font-size\" style=\"text-align: left;\">All of this has led governments to <b>heavily restrict vacation rentals<\/b>, especially in large cities.<\/p><p class=\"has-larger-font-size\" style=\"text-align: left;\">An example in the Valencian Community would be the cities of Alicante and Valencia, where, as a general rule, licenses are only granted for ground-floor properties.<\/p><p class=\"has-larger-font-size\" style=\"text-align: left;\">Currently, in medium and small cities, there are fewer legal restrictions on operating vacation rentals.<\/p><p class=\"has-larger-font-size\" style=\"text-align: left;\">Despite these obstacles, <b>vacation rentals continue to grow at an unstoppable rate<\/b>. This is mainly because they generate a significant amount of revenue in Spain, and there is already an established market.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f15702c elementor-widget elementor-widget-heading\" data-id=\"f15702c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Is It Profitable to Own a Vacation Property?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-da1c8c4 elementor-widget elementor-widget-text-editor\" data-id=\"da1c8c4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"has-larger-font-size\" style=\"text-align: left;\">One of the most appealing aspects of investing in vacation rental properties is <b>their profitability<\/b>.<\/p><p class=\"has-larger-font-size\" style=\"text-align: left;\">In fact, as a general rule, vacation rentals tend to have higher profitability than traditional rentals, but this will depend on factors such as:<\/p><ul><li class=\"has-larger-font-size\" style=\"text-align: left;\">If you are buying the property, factors like location, competition, loans, down payment, community fees, etc., will significantly impact profitability.<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Consider and deduct the money and time it will take to prepare and legalize the property (renovations, tourist license, etc.).<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Taxes.<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Management, depending on whether you will handle it yourself or outsource it.<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">The average occupancy rate you can achieve.<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Seasonality.<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Average daily rate (ADR).<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Bad luck (for example, regulatory changes, issues with squatters, or neighbors opposed to vacation rentals. In short, many factors could affect your profitability).<\/li><\/ul><p class=\"has-larger-font-size\" style=\"text-align: left;\">Because of all these factors and to minimize risks,<strong> it is advisable to conduct thorough research<\/strong> on as many variables as possible. It is also highly recommended to hire specialists who can assist you, such as:<\/p><p class=\"has-larger-font-size\" style=\"text-align: left;\">A personal shopper or real estate agent to help you make a good purchase.<\/p><ul><li class=\"has-larger-font-size\" style=\"text-align: left;\">Technical advisors to ensure the possibility of legalizing the property (not all properties can obtain a tourist license).<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">A tax or legal advisor to guide you through tax matters.<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">A vacation rental management company to handle the rental process and resolve any issues with the property.<\/li><\/ul><p class=\"has-larger-font-size\" style=\"text-align: left;\">In terms of volume in the Valencian Community, we have:<\/p><p class=\"has-larger-font-size\" style=\"text-align: left;\"><b>Alicante<\/b>: 32,491 tourist licenses issued between 2019-2023.<\/p><p class=\"has-larger-font-size\" style=\"text-align: left;\"><b>Valencia<\/b>: 6,904 tourist licenses issued between 2019-2023.<\/p><p class=\"has-larger-font-size\" style=\"text-align: left;\"><b>Castell\u00f3n<\/b>: 5,524 tourist licenses issued between 2019-2023.One of the most important aspects reflected in the graph is the number of vacation rentals available in Alicante. Additionally, it is noteworthy to mention the rapid recovery from COVID-19, with the growth trend for 2024 looking very promising.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cefb735 elementor-widget elementor-widget-image\" data-id=\"cefb735\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1050\" height=\"580\" src=\"https:\/\/www.qeeingenieria.com\/wp-content\/uploads\/2024\/10\/Investing-in-vacation-property.jpg\" class=\"attachment-full size-full wp-image-4951\" alt=\"Investing in vacation property\" srcset=\"https:\/\/www.qeeingenieria.com\/wp-content\/uploads\/2024\/10\/Investing-in-vacation-property.jpg 1050w, https:\/\/www.qeeingenieria.com\/wp-content\/uploads\/2024\/10\/Investing-in-vacation-property-300x166.jpg 300w, https:\/\/www.qeeingenieria.com\/wp-content\/uploads\/2024\/10\/Investing-in-vacation-property-1024x566.jpg 1024w, https:\/\/www.qeeingenieria.com\/wp-content\/uploads\/2024\/10\/Investing-in-vacation-property-768x424.jpg 768w\" sizes=\"(max-width: 1050px) 100vw, 1050px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fa063ec elementor-widget elementor-widget-heading\" data-id=\"fa063ec\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">How much can you earn from vacation property<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-66db4db elementor-widget elementor-widget-text-editor\" data-id=\"66db4db\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"has-larger-font-size\" style=\"text-align: left;\">On some occasions,<strong> you can earn as much as a salary<\/strong>, but it depends on the property, demand, and the expenses you have associated.<\/p><p class=\"has-larger-font-size\" style=\"text-align: left;\">Simply put, to calculate income, you need to consider:<\/p><ul><li class=\"has-larger-font-size\" style=\"text-align: left;\">Average Daily Rate (ADR).<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Booked nights.<\/li><\/ul><p class=\"has-larger-font-size\" style=\"text-align: left;\"><b>Estimating expenses is a bit more complicated<\/b>, as they vary depending on the following factors:<\/p><ul><li class=\"has-larger-font-size\" style=\"text-align: left;\">Mortgage and down payment.<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Renovations.<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Furniture.<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Legalization of the property (tourist license).<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Vacation rental management company.<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Utilities (electricity, water, gas, internet).<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Taxes (income tax, IRPF).<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Maintenance (boiler, light bulbs, etc.).<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Replacements and supplies (key sets, towels, garbage bags, toilet brush, etc.).<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Home insurance.<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Security installation (sensors, cameras, etc.).<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Cleaning.<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Commissions from tourism platforms (Airbnb, etc.).<\/li><\/ul><p class=\"has-larger-font-size\" style=\"text-align: left;\">Profitability can vary greatly if the property is already paid off. Another variable to consider is whether a vacation rental management company is needed.<\/p><p class=\"has-larger-font-size\" style=\"text-align: left;\">In summary, and being realistic, if you have to pay a mortgage and hire a management company, <b>profitability usually ranges from 8% to 15%<\/b>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8bfbd0a elementor-widget elementor-widget-heading\" data-id=\"8bfbd0a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Cost of a touristic license<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3ba5214 elementor-widget elementor-widget-text-editor\" data-id=\"3ba5214\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"has-larger-font-size\" style=\"text-align: left;\">If you&#8217;re wondering how much it costs to legalize a property for vacation rental, that is, to obtain a tourist license, <b>the price usually ranges from \u20ac300 to \u20ac600<\/b>, depending on the municipality.<\/p><p class=\"has-larger-font-size\" style=\"text-align: left;\">Additionally, with the new regulations in 2024, the cost of licenses has increased, and <b>in some cases, it can exceed \u20ac1,000<\/b>.<\/p><p class=\"has-larger-font-size\" style=\"text-align: left;\"><a href=\"https:\/\/dogv.gva.es\/es\/resultat-dogv?signatura=2024\/8209\" target=\"_blank\" rel=\"noopener\">See the new regulations.<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-011d16b elementor-widget elementor-widget-heading\" data-id=\"011d16b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Cost of a vacation rental management company <\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ed20282 elementor-widget elementor-widget-text-editor\" data-id=\"ed20282\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"has-larger-font-size\" style=\"text-align: left;\">On the other hand,<b> <\/b>if you want to delegate the management, <b>they typically charge between 15% and 30% of your earnings<\/b>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7eae697 elementor-widget elementor-widget-heading\" data-id=\"7eae697\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Profitability of buying a commercial property for holyday rental properties\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fdc2477 elementor-widget elementor-widget-text-editor\" data-id=\"fdc2477\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"has-larger-font-size\" style=\"text-align: left;\">It is worth noting that, as a general rule, buying a commercial property and converting it into a tourist accommodation is <b>more profitable than purchasing a residential property directly<\/b>.<\/p><p class=\"has-larger-font-size\" style=\"text-align: left;\">However, this also involves a <b>higher level of risk<\/b>.<\/p><p class=\"has-larger-font-size\" style=\"text-align: left;\"><a href=\"https:\/\/www.qeeingenieria.com\/en\/converting-comercial-premises-home\/\" target=\"_blank\" rel=\"noopener\">Learn more.<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2870c48 elementor-widget elementor-widget-heading\" data-id=\"2870c48\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Is it worth investing in vacation rentals\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b687884 elementor-widget elementor-widget-text-editor\" data-id=\"b687884\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"has-larger-font-size\" style=\"text-align: left;\">Do you have doubts about whether it&#8217;s worth it? Below, we will outline <b>the advantages and disadvantages of owning a tourist accommodation<\/b>.<\/p><p class=\"has-larger-font-size\" style=\"text-align: left;\">The approach we will take is from the perspective of an investor who is deciding between investing in a tourist property or another type of real estate investment.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1240c52 elementor-widget elementor-widget-heading\" data-id=\"1240c52\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Advantages of investing in vacation rental license <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2acfab5 elementor-widget elementor-widget-text-editor\" data-id=\"2acfab5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li class=\"has-larger-font-size\" style=\"text-align: left;\"><b>Higher profitability<\/b> and increased income.<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">You can use your property whenever you want.<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\"><b>You&#8217;re investing in another secto<\/b>r. You\u2019re not just investing in real estate but also in tourism, meaning the service you offer and the focus is on guests who are there to spend their vacations.<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">By investing in another sector, you\u2019re diversifying your risks to a greater extent.<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">You have the opportunity to offer more services, such as dining, experiences, daily cleaning, and more.<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">You have <b>more control over the property<\/b>. In other types of rentals, the property is essentially \u201cowned\u201d by the tenant for a certain period. Here, however, you maintain full control over your property.<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">No long-term or medium-term commitment with the tenant or guest, meaning you avoid problems associated with bad tenants.<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">There are specialized management companies that handle everything and offer security.<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\"><b>The vacation rental market is growing<\/b>, with more platforms, technology, demand, etc.<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">You always have the option to switch to other types of rentals or sell the property.<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Properties with a tourist license and good profitability appreciate significantly in the market, in case you ever decide to sell it.<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">It involves more taxes.<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">It\u2019s a sector currently viewed negatively by society.<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">You must <b>renew the license every 5 years<\/b>.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-044fd0f elementor-widget elementor-widget-heading\" data-id=\"044fd0f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Disadvantages of investing in vacation rental license <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b9adf8c elementor-widget elementor-widget-text-editor\" data-id=\"b9adf8c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul>\n<li class=\"has-larger-font-size\" style=\"text-align: left;\">There are times of the year when you will have lower demand.<\/li>\n<li class=\"has-larger-font-size\" style=\"text-align: left;\"><b>The regulations for legalizing properties<\/b> are quite restrictive.<\/li>\n<li class=\"has-larger-font-size\" style=\"text-align: left;\">You need to stay on top of things, and it involves more complex management.<\/li>\n<li class=\"has-larger-font-size\" style=\"text-align: left;\">You may have <b>more issues with neighbors<\/b> than with other types of rentals due to the higher turnover of guests.<\/li>\n<li class=\"has-larger-font-size\" style=\"text-align: left;\">It requires a larger investment in furniture.<\/li>\n<li class=\"has-larger-font-size\" style=\"text-align: left;\"><b>Higher maintenance costs<\/b>, such as cleaning, replacements, etc.<\/li>\n<li class=\"has-larger-font-size\" style=\"text-align: left;\">If you don&#8217;t take the necessary precautions, you may face problems with squatters.<\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6bc3575 elementor-widget elementor-widget-image\" data-id=\"6bc3575\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1050\" height=\"580\" src=\"https:\/\/www.qeeingenieria.com\/wp-content\/uploads\/2024\/10\/Investing-in-vacation-homes-in-the-Valencian-Community.jpg\" class=\"attachment-full size-full wp-image-4953\" alt=\"\" srcset=\"https:\/\/www.qeeingenieria.com\/wp-content\/uploads\/2024\/10\/Investing-in-vacation-homes-in-the-Valencian-Community.jpg 1050w, https:\/\/www.qeeingenieria.com\/wp-content\/uploads\/2024\/10\/Investing-in-vacation-homes-in-the-Valencian-Community-300x166.jpg 300w, https:\/\/www.qeeingenieria.com\/wp-content\/uploads\/2024\/10\/Investing-in-vacation-homes-in-the-Valencian-Community-1024x566.jpg 1024w, https:\/\/www.qeeingenieria.com\/wp-content\/uploads\/2024\/10\/Investing-in-vacation-homes-in-the-Valencian-Community-768x424.jpg 768w\" sizes=\"(max-width: 1050px) 100vw, 1050px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-42b0dec elementor-widget elementor-widget-heading\" data-id=\"42b0dec\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Best locations to invest in holiday rentals\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cb7eb13 elementor-widget elementor-widget-text-editor\" data-id=\"cb7eb13\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"has-larger-font-size\" style=\"text-align: left;\">For a better analysis, here is the ranking of new tourist licenses in 2022 in the main cities of the Valencian Community:<\/p><ul><li class=\"has-larger-font-size\" style=\"text-align: left;\">Torrevieja: 1,214 units (<a href=\"https:\/\/www.qeeingenieria.com\/en\/building\/tourist-license-torrevieja\/\">see more<\/a>)<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Calpe: 612 units<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">J\u00e1vea: 575 units<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Orihuela: 519 units<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Benidorm: 494 units (<a href=\"https:\/\/www.qeeingenieria.com\/en\/tourist-license\/tourist-licence-benidorm\/=\">see more<\/a>)<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Denia: 399 units<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Santa Pola: 380 units<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Gand\u00eda: 291 units<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Teulada: 271 units<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Oropesa del Mar: 263 units<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">El Campello: 246 units<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Altea: 237 units<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Paterna: X units<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Pe\u00f1\u00edscola: 208 units<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Valencia: 196 units<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Alicante: 178 units (<a href=\"https:\/\/www.qeeingenieria.com\/en\/building\/tourist-license-alicante\/\">see more<\/a>)<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Benissa: 165 units<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Finestrat: 121 units<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Alcossebre: 115 units<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Benitachell: 102 units<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Canet d\u2019en Berenguer: 101 units<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Elche: 95 units<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Benicasim: 85 units<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Alfas del Pi: 80 units<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Castell\u00f3n: 70 units<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0bf9767 elementor-widget elementor-widget-text-editor\" data-id=\"0bf9767\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"has-larger-font-size\" style=\"text-align: left;\">For example, <b>Torrevieja <\/b>issues many tourist licenses, but it experiences significant seasonalit.<\/p><p class=\"has-larger-font-size\" style=\"text-align: left;\">On the other hand, <b>Alicante <\/b>has very few because obtaining them is challenging. This is largely due to the fact that they can only be issued for ground-floor units.<\/p><p class=\"has-larger-font-size\" style=\"text-align: left;\">Another example is <b>Elche<\/b>, which, despite being the second-largest city in Alicante, only has beaches in a small part of its territory (La Marina, Alted, or Arenales). This results in fewer licenses, which does not mean it\u2019s not a good area.<\/p><p class=\"has-larger-font-size\" style=\"text-align: left;\">In conclusion, <b>the above list provides an approximate idea of the places with the most supply<\/b>. However, the key is to understand each city&#8217;s market and consider other factors such as:<\/p><ul><li class=\"has-larger-font-size\" style=\"text-align: left;\">Occupancy rate<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Seasonality<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Price per night<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Regulations and restrictions<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Logistics<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Investment budget<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Property purchase price<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Opportunities<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Growth potential<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Personal preferences<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Other considerations.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1b3206e elementor-widget elementor-widget-heading\" data-id=\"1b3206e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How to invest in tourist housing and secure purchase?\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9f85f71 elementor-widget elementor-widget-text-editor\" data-id=\"9f85f71\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"has-larger-font-size\" style=\"text-align: left;\">If you are going to <b>invest in tourist housing<\/b>, it is advisable to follow these steps first:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2c68ac1 elementor-widget elementor-widget-heading\" data-id=\"2c68ac1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Market research to buy an apartment for tourist rental\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d8543c7 elementor-widget elementor-widget-text-editor\" data-id=\"d8543c7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"has-larger-font-size\" style=\"text-align: left;\">First of all, <b>know the supply and demand of the area<\/b> where you are going to invest, as well as the tourist market and the real estate purchase market.<\/p><p class=\"has-larger-font-size\" style=\"text-align: left;\">These are some variables that we recommend you to check:<\/p><ul><li class=\"has-larger-font-size\" style=\"text-align: left;\">Average purchase price of real estate.<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Occupancy rate of tourist housing.<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Price per night of tourist housing.<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Competition in the tourist housing market.<\/li><li class=\"has-larger-font-size\" style=\"text-align: left;\">Level of tourism growth in recent years.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b0d8e48 elementor-widget elementor-widget-heading\" data-id=\"b0d8e48\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Study of the profitability of a holyday home\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c3b14b5 elementor-widget elementor-widget-text-editor\" data-id=\"c3b14b5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"has-larger-font-size\" style=\"text-align: left;\">Secondly, it is very important that you <b>make your calculations<\/b> making a profitability forecast according to the income and expenses that you estimate to have.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1ad540d elementor-widget elementor-widget-heading\" data-id=\"1ad540d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Study of regulations<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ddd9b20 elementor-widget elementor-widget-text-editor\" data-id=\"ddd9b20\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"has-larger-font-size\" style=\"text-align: left;\">This part is the most technical but it cannot be ignored, since there are restrictions that can prevent you from exercising the tourist rental activity and can ruin your investment.<\/p><p class=\"has-larger-font-size\" style=\"text-align: left;\">To avoid this, the best thing to do is to<b> talk to a specialist who will inform you of the regulations<\/b> and restrictions in the selected area.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3b53054 elementor-widget elementor-widget-spacer\" data-id=\"3b53054\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Do you need to find a property to profit from through vacation rentals? At Licencia Vacacional, we help you find and acquire properties eligible for a touristic license. The Valencian Community is one of the most tourist-friendly regions in Spain. Its incredible beaches, climate, culture, and Mediterranean cuisine attract millions of tourists throughout the year. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[23],"tags":[],"class_list":["post-4931","post","type-post","status-publish","format-standard","hentry","category-tourist-license"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Investing in vacation homes in the Valencian Community<\/title>\n<meta name=\"description\" content=\"Are you interested in investing in vacation property? 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