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MEETING:
New group aims to tackle current rental laws



12/07/2012 Lanzarote (KMC) - A new organisation, Lanzarote Property Owners (LPO) has been set up with the aim of protecting individual property owners and to work and lobby on their behalf to bring about changes and clarification regarding the current villa rental laws.

The group was created by the Lanzarote Business Association at the request of local property, property management companies and owners.

 

The creation of the organisation comes after moves by Spanish authorities to clamp down on property owners who illegally advertise and rent their villas and apartments to holidaymakers. A little-known law requires that owners must have a licence to do this, but previously this regulation was not enforced. However as a result of this new clamp-down, which many believe is a method by the government to raise funds, villa owners could be facing fines as high as £15,000 and face having their property taken off them to pay these fines.

 

The LPO aims to make authorities aware of how large the villa market is and how much business it generates for the island in an effort to change these current rental laws. Owners who apply for a licence now will simply not be able to get one.

The Lanzarote Business Association (LBA) is a non profit organistion which was founded in 2008 with the aim to promote tourism and support and work with and for the community.

 

For those who wish to find out more about the LPO, a meeting has been arranged for Tuesday 17th of July at the Salon Indieras, Cultura Department, Tias. Registration is at 11.30am and the meeting commences at 12.00pm. To reserve your free place confirm your attendance by sending an email to lanzarotebagmail.com

 

Directions for meeting:

Salón Indieras is situated in the Cultura department in Tías, next to the sports centre and opposite the shops Chacon & Roper.  There is plenty of free parking. Address: C/ La Luchada nº 2, Tías

 

To join the Lanzarote Business Association, sign up at Tuesday’s meeting, email lanzarotebagmail.com or alternatively ring: 638 240 224.



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