Spain – The world’s second most popular tourist destination

Spain becomes the world’s second most popular tourist destination                                             

Great news for anyone in the Spanish tourism and holiday-rental sector — the latest figures show Spain is booming 🌟

In 2024, Spain welcomed a record 94 million international tourists — a 10% increase over 2023 — and foreign visitor spending hit €126 billion, up 16% year-on-year. Tourism now accounts for 12.3% of Spain’s GDP. (AP News)

What does this mean for property owners?

• More bookings, higher occupancy, increased demand — particularly for short-term holiday rentals as travellers seek out authentic, local stays.

• Meanwhile, there’s also a rising need for long-term rental properties, spurred by expats, retirees, and people relocating due to changing global dynamics.

Here on the Costa del Sol, we’re seeing this trend first-hand. Quality properties are in short supply, especially in popular areas. Long-term rentals are proving to be a stable source of income. If your property is under-used, long-term lets might be your best option — steady income, fewer headaches, and a reliable tenant base.

If you’ve been considering renting your property (short-term or long-term), but have been unsure because of rental laws or operational challenges, let’s have a chat. We can help you navigate the regulations, maximise your income, and make renting your property far less stressful.