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Spain celebrates sharp decline in holiday rentals, 20,000 axed in the Balearics

Palma has technically banned holiday rental properties | Photo: Majorca Daily Bulletin reporter

| Palma |

The Minister of Social Rights, Consumer Affairs and Agenda 2030, Pablo Bustinduy, has highlighted that the 12.4% decline in the number of tourist flats marketed on platforms in Spain, according to data from the INE, is ‘proof that regulation and intervention work’, in reference to the work of his government department.

At the press conference following Tuesday’s Council of Ministers meeting, the Minister for Consumer Affairs described it as ‘absolutely inconceivable’ that Spain would allow ‘an activity of this magnitude and scale to develop under illegal conditions’. He reiterated the request to Airbnb to remove up to 65,000 advertisements for tourist flats. ‘We won in court on several occasions. Those advertisements have been removed,’ he celebrated in his speech.

As a result of these actions, the Ministry imposed a €64 million fine on the rental platform, announced last December. According to experimental statistics from the INE, the number of holiday homes marketed on platforms in Spain reached 329,764 in November 2025, 12.4% less than in the same month of the previous year.

This year-on-year drop is the largest in the historical series, and the supply in the eleventh month was the lowest in the last three years. It should be noted that this experimental statistic modified the periods to be analysed, as there was a change in months from 2024 onwards, to the detriment of February and May corresponding to previous years. Thus, in 2024 there are three data points - February, August and May - while in 2025 there are two - May and November.

By autonomous community, Andalusia led the number of tourist apartments in November 2025, with 91,757, representing an increase of 1.2% compared to the same month in 2024. It was followed by the Canary Islands, the Valencian Community and Catalonia, with 49,676 (-3%), 48,411 (-25%) and 46,915 (-11%), respectively.

Next, with fewer than 20,000 holiday flats, were the Balearics (19,398 and -19.8%). Following in order, the list was completed by Galicia (15,236 and -22.5%) and Madrid (15,309 and -26%).
Currently, Spain has a new short-term rental register, which has been mandatory from 1 July 2025.
In addition, on 2 February, the Ministry of Housing and Urban Agenda notified online platforms of the existence of 86,275 illegal tourist and temporary homes in Spain, requesting that their advertisements be removed.

These are properties that have applied for a short-term rental registration number but have not obtained it because they do not meet the requirements, in line with European regulations that require the creation of a single register of short-term rentals.

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