Mallorca is a perfect tourist destination to set up tourist accommodation. Its climate, gastronomy, facilities and geographical position are ideal to be one of the preferred tourist destinations for both Spaniards and the European population.
The rise of Mallorca as a tourist destination has caused the Balearic government to approve a moratorium on tourist licenses , at least until 2026, where the freezing of both the transfer and the issuance of new tourist licenses is established.
Currently, properties that have been granted tourist licenses can continue to obtain income legally, but they will not be able to request the issuance of another tourist license in the event that the owner wants to rent another property for tourism.
The best way to enter the tourist rental business in Mallorca is to purchase a property that already has a tourist license .
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An ETV license is a permit that enables vacation rentals in Mallorca throughout the year, without the need to renew it, since it is permanent. This license is perfect for those looking to make long-term investments , and its cost is €3,500 for each guest space . Where the price will be subject to the number of bedrooms in the property.
For example: If an accommodation has one room, its cost would be €7,000, since each room would have capacity for 2 guests.
These spaces are essential to legally manage a property intended for vacation rental on the island. Without an ETV license that specifies the number of places allocated by the Mallorcan government, it is not possible to rent a home for a period of less than one month.
Yes, you can rent a property without an ETV license, but when the rental is not short-term . Without this license, it is only legal to rent the property for stays of one month or more , under the Urban Leasing Law (LAU). In these cases, a rental contract is usually signed through a private contract.
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In Mallorca, there are three main types of licenses to obtain tourist income from tourist stays in homes ( ETV, ETVPL and ETV60 ), each with specific characteristics depending on different aspects:
The regulation of ETV licenses in Mallorca reflects an effort to balance the development of tourism with the protection of the environment and local communities . Each type of license ( ETV, ETVPL and ETV60 ) is designed to meet different needs and situations: from vacation rentals in single-family properties for exclusively tourist purposes, to partial use of the owner's main residence.
However, the introduction of the moratorium on the issuance of new licenses until 2026 has significantly limited the options for new owners interested in entering the tourist rental market. This restriction seeks to control the impact of mass tourism , prioritizing sustainability and livability for residents.
In conclusion, ETV licenses are essential to operate legally in the holiday rental sector in Mallorca. However, current restrictions make properties that already have these licenses highly valuable assets . This also underlines the importance of understanding local regulations before investing in a property for tourism purposes on the island.