Sought-after holiday rental licences in Mallorca: A worthwhile investment

Why buy a property with an ETV licence in Mallorca?

Mallorca, the pearl of the Mediterranean, attracts millions of tourists every year. A property with an ETV licence offers you the unique opportunity to benefit from this steady influx. Our properties with the coveted holiday rental licences in Mallorca, also known as ETV (Estancia Turística en Viviendas), are the perfect choice for you. Here are some advantages:

Attractive returns: Take advantage of the high demand for holiday accommodation and secure a stable source of income.

Flexibility: Use your property yourself or rent it out when you are not using it.

Capital appreciation: Property in Mallorca is a safe investment with great potential for capital appreciation.

What is an ETV licence?

An ETV (Estancia Turística en Viviendas) licence is an official permit that allows property owners to legally rent out their properties as holiday accommodation. This licence ensures that the property meets legal requirements and provides legal security for both landlords and guests. Our ETV-licensed properties are fully inspected and meet all necessary requirements to guarantee you a worry-free rental experience.

Different types of ETV licences

1. ETV Licence

Suitable for: villas, fincas or detached properties

Advantages:

  • Maximum flexibility: the ETV licence allows you to rent your property for an unlimited period of time, whether short or long term.
  • No neighbourhood consent required: unlike other types of licences, no consent from neighbours is necessary, which simplifies the process.

Cost:

  • Before 2022: 3,500 euros per bed for guest beds in holiday homes.

2. ETVPL licence

Suitable for: flats or terraced houses

Benefits:

  • Allows rentals in multi-family homes: This licence is specifically designed for flats and terraced houses.
  • Neighbourhood consent: Consent must be obtained from the neighbours or the neighbourhood association in the building, which ensures that community rules are respected.

Cost:

  • Before 2022: A price of €875 per guest place applies to holiday apartments.

3. ETV60 licence

Suitable for: All property types that are only to be rented for 60 days a year

Advantages:

  • Short-term rental: ideal for owners who only want to rent their property for a limited period.
  • High season inclusion: the owner can decide to include one of the high season months in the 60 days of the licence, allowing maximum revenue during the most sought-after periods.

Cost:

  • Before 2022: For a holiday rental licence for 60 days per year, the price is approximately 290 euros per guest bed.

The value of existing ETV licences: A rare opportunity for property owners

In the first quarter of 2022, the granting of new ETV licences in Mallorca was suspended on grounds of sustainability. This decision has made existing licences an exceptional value for real estate. Properties with existing licences now offer not only legal advantages but also increased attractiveness and market value. This makes them particularly sought-after properties in the real estate market.

Let our team at home4you advise you

Our home4you experts are on hand to support you with their extensive knowledge and many years of experience in acquiring and managing ETV-licensed properties. Contact us today and discover the advantages of an ETV licence for your investment in Mallorca.