The INE reports a growth of 16.4% in the last year, although the volume of holiday homes is still lower than that recorded in 2020
Spain has more than 306,000 tourist apartments representing 1.2% of all properties
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Tourist accommodation in Spain increased by 16.4% in the last year, with a total of 306,136 apartments, according to data up to last February publishedh by the Spanish Statistics Institute (INE).

All these tourist apartments represent 1.21% of the total number of properties in Spain, whereas a year ago, they accounted for 1.13%. These figures are still lower than in 2020, with 321,496 properties for tourist use, which accounted for 1.28%.

By autonomous communities, Andalusia leads the number of tourist apartments, with 70,194, followed by the Valencian Community and Catalonia, with 49,950 and 45,709, respectively. They are followed by the Canary Islands (42,651), the Balearic Islands (25,393), Madrid (16,351) and Galicia (14,775). This is the breakdown of tourist properties in Spain, according to the latest statistics from the National Statistics Institute (INE):

How many tourist apartments are there in each autonomous community?

The number of bed places that this total number of tourist properties represents reached 1,545,368 in February of this year, compared to 1,455,967 in the same month of 2022. On the other hand, the number of bed places per tourist property rose to 5.06, slightly lower than in previous years, when there were 5.09 per flat. This year's figure is the same as in 2020.

By provinces, Malaga currently has the most holiday rental properties (35,360), dethroning Alicante, which ranked first last year (33,115). The Balearic Islands are next on the list (25,393), followed by Las Palmas (23,161), Santa Cruz de Tenerife (19,490), Girona (18,498), Madrid (16,351), Barcelona (14,188), Cadiz (12,424), Valencia (11,308) and Tarragona (10,354). Palencia is at the other end of the table, where, according to the INE, there are only 167 tourist properties in the province.

An economic impact of more than €20,000 million 

The Spanish Federation of Tourist Homes and Apartments (Fevitur) has published a report to put the record straight on the tourist accommodation rental market. According to the employers' association, these tourist properties contributed €20,388 million to the economy last year, including bookings, leisure, restaurants, activities and shopping. And it insists that the boost in activity is cross-sector: around 80% of spending stays in the towns and cities where these holiday accommodations are located.

Fevitur also claims that families and couples mainly use this model. It rules out the likelihood of a shift from traditional to tourist rentals due to the rent ceilings set out in the Housing Law, as properties must meet specific requirements and many cities have frozen the processing of new licences.