The number of tourist properties in Spain has risen sharply in the last year. According to the INE, in February there were 351,389 tourist flats throughout Spain, representing an increase of 9.2% year-on-year. Andalusia is the region with the most units (82,454), followed by the Valencian Community (59,413) and Catalonia (52,598). Currently, tourist flats represent 1.33% of the total residential stock, although their weight exceeds 1% in provinces such as Girona, Malaga, Santa Cruz de Tenerife and Las Palmas. On the other hand, in Madrid and Barcelona they represent less than 0.7%.