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As of 01 July, online letting platforms such as AirBnB and Booking can only list properties duly licensed in the National Tourist Registry. The obligation to enroll is part of a simplex initiative known as “Simpler Tourist Licenses”. With the new regulation, the Government intends to avoid unfair competition between property owners and tour operators as well as strengthen compliance.
The penalty for letting furnished accommodations to tourists without a license (registration with your local Council) is as follows: for Individuals: €2,500 to €3,740.98 / for Companies: €25,000 to €44,891.22 The same fines also apply to the absence of an Energy Efficiency Certificate that is mandatory when conducting property related activities.