According to the INE, the number of tourist dwellings in Madrid as of October 2023 is 16,351 and continues to increase. From March 2022 to March 2023 the number of tourist homes in Madrid has increased by 4500 properties, all as a consequence of the reactivation of tourism since summer 2022.

This upturn in tourism means that many investors see the option of transforming their property into a tourist property as a good opportunity to make their properties profitable.

However, it is important to bear in mind that tourist accommodation in Madrid is subject to a series of requirements to guarantee the quality and safety of the accommodation offered to visitors. These requirements are defined by the regulations and must be met by owners who wish to rent out their properties for tourist purposes.




Decree 79/2014, of 10 July, of the Governing Council, which regulates tourist flats and dwellings for tourist use in the Community of Madrid, states.

“tourist use dwellings are considered to be those flats, studios, flats or houses which, on a regular basis, furnished and equipped in conditions of immediate use, are marketed and promoted in tourist supply channels or by any other means of marketing or promotion, to be let entirely for the purpose of tourist accommodation and in exchange for a price”.

“The tourist accommodation activity is carried out on a regular basis from the moment that the interested party advertises by any means and presents the mandatory Declaration of Responsibility for the commencement of the activity”.




One of the fundamental requirements is to obtain a licence from the Community of Madrid to carry out the activity of tourist accommodation.

A responsible declaration of the start of the tourist accommodation activity must be presented, and must be accompanied by the CIVUT (Certificate of Suitability for Tourist Use Dwellings).




In order to obtain this licence, it is necessary for the property to comply with a series of characteristics and conditions, such as having independent access from the public road and having a certificate of suitability of the property.

Decree 79/2014, of 10 July, of the Governing Council, which regulates tourist flats and dwellings for tourist use in the Community of Madrid, determines that the dwelling must have:

1.- Have heating and hot and cold water supply.

2.- Have at least one direct ventilation to the outside or to an uncovered courtyard.

3.- To have a manual fire extinguisher inside the dwelling, placed no more than 15 metres from the exit door of the dwelling.

4.- To have basic emergency signage indicating the exit door of the dwelling.

5.- To have an evacuation plan of the building and of the dwelling in a visible place.

6.- They will be composed of at least a living-dining room, kitchen, bedroom and bathroom, and may be called “studios” when the living-dining room-kitchen includes the bedroom and has a maximum of two beds.

7.- In each dwelling for tourist use, a permanent telephone number must be specified, for any incidents or queries that users may have; likewise, there must be an information sign with the telephone numbers and addresses of the emergency and health services, written at least in Spanish and English.

8.- They shall be hired furnished, equipped and in a condition for immediate use. In addition, official complaint forms must be available for users.

9.- The owners of dwellings for tourist use must respect the following maximum accommodation capacities:

  1. a) For dwellings of less than 25 m2 useful, up to two people, in at least one habitable room.
  2. b) For dwellings between 25 m2 and 40 m2 useful, up to four people, in at least two habitable rooms.
  3. c) For each additional 10 m2 of usable floor space in at least one more independent living space, two additional persons will be allowed.




Another important requirement is compliance with tax regulations. Owners of holiday homes must pay tax on the income generated by this activity, either through Personal Income Tax (IRPF) or Corporation Tax, as appropriate. In addition, they are obliged to issue invoices or receipts to guests staying in their properties.

It is important to note that in addition to the requirements established by the regulations, owners must comply with other obligations, such as holding civil liability insurance to cover possible damages to third parties, respecting the rules of coexistence and not causing a nuisance to neighbours, as well as ensuring adequate hygiene and cleanliness in the property.

In short, tourist accommodation in Madrid must comply with a series of requirements to guarantee the safety and quality of the accommodation offered to tourists. These requirements include obtaining a licence, compliance with safety and habitability standards, compliance with tax regulations, among others.

It is important that owners inform themselves and comply with all these requirements in order to avoid possible sanctions and to offer a satisfactory experience to visitors.




Is a dynamic market that is influenced by a number of factors, including:

– Tourism: The increase in tourism in a city is the main factor driving the growth of the tourist housing market. This is because the increase in demand for tourist accommodation creates an opportunity for homeowners who wish to rent out their properties to tourists.

– Regulation: Regulation of the tourist accommodation market can also influence its growth. For example, restrictions on the number of properties that can be rented to tourists can reduce the supply of tourist accommodation, which can lead to higher prices.

– Supply and demand: Supply and demand for tourist dwellings also play an important role in the market. If there is a greater supply of holiday homes than demand, prices will tend to fall. Conversely, if the demand for holiday homes is greater than the supply, prices will tend to rise.

Other factors that can influence the tourist housing market include:

– The price of housing: The price of housing can affect the profitability of renting a property to tourists. If the price of housing is high, landlords may have to charge more for rent to make a profit.

– Rental costs: Rental costs, such as taxes and fees, can also affect the profitability of renting a property to tourists.

– Location: The location of the property can influence its attractiveness to tourists. Properties located in popular tourist areas tend to be more profitable than those in less touristy areas.

In the case of Madrid, the tourist housing market has experienced steady growth in recent years, driven by the increase in tourism in the city.

The tourist housing market in Madrid is likely to remain a dynamic market in the coming years. The growth of tourism in the city, together with market regulation, will continue to influence the development of the market.

Contact us if you would like advice or processing of tourist properties.