The rules of tourism in one of the Hungarians’ favorite vacation spots are strict

A new draft law would tighten the rules on short-term rentals in the Canary Islands to address housing difficulties for locals and tax and sustainability issues. According to the plans, 1,300 inspectors will be involved in the implementation of the new regulation.

Under the new legislation, newly built properties cannot participate in the short-term rental market, and licensed owners have five years to comply with the rules.

The local vacation home owners association says the new regulation would be unconstitutional and would have a significant impact on the short-term rental market. However, Booking.com and Airbnb are working with authorities to address unauthorized advertising and promote a balanced solution.