The ban on vacation rentals in a residential complex in Marbella has led to unexpected consequences. While it aimed to reduce disturbances among neighbors, property values have started to decline, and the problematic properties continue to operate legally. In this video, Jesús García Ahumada, CEO of Banus Rentals, explains why responsible regulation is the real solution and how property owners can protect their interests.
Marbella has become one of Europe’s most exclusive tourist destinations, making holiday letting an excellent option with many advantages of renting your property. Renowned for its luxurious atmosphere, exceptional dining scene and stunning natural surroundings, Marbella was awarded European Best Destination in 2022 and Best European Destination in 2024.
The vacation rental business has experienced significant growth in recent years, becoming an attractive option for property owners and tourists. Andalusia, particularly the provinces of Malaga and Marbella, have emerged as preferred destinations due to their favorable climate, stunning landscapes, and rich cultural and gastronomic offerings. In this context, having a professional vacation rental manager has become essential to maximize property performance and ensure a seamless experience for property owners, guests, neighbors, and community workers.
At Banus Rentals, we are committed to keeping our property owners and clients informed about the latest legal developments affecting tourist accommodations. In this post, we summarise key clarifications provided by Jesús García, CEO of Banus Rentals, on the current legal situation regarding tourist accommodations and the implications of the Supreme Court ruling in November 2023.
Investing in vacation rentals in Puerto Banús and Marbella offers the opportunity to generate passive income and allows you to build a lasting heritage. At Banus Rentals, we understand that achieving maximum profitability depends on expert management and a well-defined strategy. Here, we offer you a comprehensive guide to everything you need to maximize your property as a vacation rental.
In the competitive property rental market, Banus Rentals stands out by transforming spaces into attractive homes, maximizing profitability for property owners. The experience of Kevan Voce, who entrusted Banus Rentals with managing his family property on the Costa del Sol, exemplifies this successful approach. Under the direction of Lola Vigil, Kevan was able to elevate his apartment to a new level in the market, achieving consistent occupancy and hassle-free management. Kevan highly recommends Banus Rentals for their professional approach and their ability to maximize property value.