Property with tourist

licence in Menorca

Property with tourist licence in Menorca

Property with Tourist Licence Menorca

For many buyers, purchasing a property in Menorca with a tourist licence means they can earn an immediate return on their investment: by renting it out for holiday lets you can not only cover your maintenance costs and taxes, but also earn some extra income when you’re not using the property yourself.

 
Not all properties qualify for tourist licences in Menorca. New licenses are only being granted for properties in designated ‘tourist zones’ (rural areas do not qualify) and apartments can only get a tourist licence when the community expressly permits it.
 
However, in the case where a property already had a licence, prior to the change in the law, that licence remains valid indefinitely. All the buyer needs to do is to have the name on the licence changed once the purchase is complete and they can market and rent their property out legally.
 
Home Menorca currently has a number of properties of different types for sale with an existing tourist licence.
 

For many buyers, purchasing a property in Menorca with a tourist licence means they can earn an immediate return on their investment: by renting it out for holiday lets you can not only cover your maintenance costs and taxes, but also earn some extra income when you’re not using the property yourself.

 

Not all properties qualify for tourist licences in Menorca. New licenses are only being granted for properties in designated ‘tourist zones’ (rural areas do not qualify) and apartments can only get a tourist licence when the community expressly permits it.

 

However, in the case where a property already had a licence, prior to the change in the law, that licence remains valid indefinitely. All the buyer needs to do is to have the name on the licence changed once the purchase is complete and they can market and rent their property out legally.

 

Home Menorca currently has a number of properties of different types for sale with an existing tourist licence.

 

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