Is Airbnb legal in Palma de Mallorca?

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Palma de Mallorca, Spain Airbnb Rules & Regulations

Last updated on: 13th August, 2024

Don’t worry, Airbnb is legal in Palma de Mallorca!
Here are some statistics! As of 13th August, 2024, there are 1,548 listings available in Palma de Mallorca from Airbnb alone. Carlos manages 28 listings, while Priority Villas and Portic operates 23 and 20 respectively. Out of 1,548 listings, 30% of listings have short-term rental licenses. Most listings are operating without official license. It means short-term rental regulation isn't strictly enforced in Palma de Mallorca.
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Map
Occupancy Rate

76%

€119

Daily Rate

€31K

Revenue (2023)

1,548

Number of Listings

Short-term Rental Regulation & Rules in Palma de Mallorca

In Palma de Mallorca, which is part of the Balearic Islands in Spain, hosting regulations for short-term rentals are governed by local tourism laws. Specifically, Law 6/2017, amending Law 8/2012 on tourism, addresses the commercialization of tourist stays in private homes. Key requirements include:

  1. Registration and Declaration: Hosts must make a responsible declaration and obtain a registration number from the General Register of Companies, Activities, and Tourist Establishments before starting their short-term rental activity.

  2. Tourist Stay Regulations: The legal framework set forth by Law 6/2017 and further developed through Decree 20/2015 outlines the principles for coordinating tourism activities and classifying establishments.

  3. Compliance: Hosts must list their registration number as part of their Airbnb listing, reflecting compliance with regional regulations. Failure to comply with these requirements can result in fines and other legal consequences.

To ensure compliance, hosts are advised to consult local legal experts or contact the regional government for guidance on specific obligations. These regulations aim to manage the impact of tourism on local communities and maintain the quality of the tourism experience in the region.

Airbnb Statistics in Palma de Mallorca! 🚀

Currently, there are 1,548 Airbnb listings in Palma de Mallorca, with 39% of entire houses earning up to €3,215 a month. The Average Occupancy Rate in Palma de Mallorca is 76% and the average daily rate is €119. According to vacation rental market data source Airbtics, a 2-bedroom apartment in Palma de Mallorca can make up to €46,302 each year.
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