Spain Pushes Seville to Turn Tourist Rentals Into Homes
Spain's housing ministry wants VUT owners in central Seville to transfer properties to the city for social rent, using a 70% IRPF reduction, rehabilitation funding, and guaranteed monthly payments as incentives.
Spain’s Ministry of Housing wants Seville authorities to buy tourist-rental properties in the city center and convert them into capped affordable housing. The national government is offering a 70% IRPF reduction for owners who lease their VUTs to the local council for at least seven years of social rent. No law has been passed yet, but the political pressure is now public and specific to Seville.
What changed
Caught by the Regulation Radar
Sevillesweeping 36 marketssources checked 19 hours ago
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