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Monday, April 29, 2024

Ibiza’s illegal hostel: €20,000 monthly for six to a room

The host offers two rooms with three bunk beds for which he earns 22,800 euros per month at the height of the season

In Ibiza, a house advertised on Airbnb has attracted attention for offering six beds across three bunk beds in a single room, functioning similarly to an illegal hostel. Despite the Consell de Ibiza initiating action against this property, the listing remained active, highlighting the ongoing challenge of regulating short-term rentals. These accommodations, available for booking almost year-round, illustrate the high demand and lucrative potential of tourist rentals in Ibiza, with prices peaking at 60 euros per bed per night during the high season. This setup generates a substantial income of 22,800 euros per month for the hosts at peak times. The property offers very basic amenities and strict rules, including no access to the kitchen or laundry facilities for individual renters, while a separate room is available for groups with slightly better provisions. The situation underscores the broader issue of the island’s struggle with illegal holiday rentals, with the Consell de Ibiza recently imposing fines totaling around 400,000 euros on 14 properties, reflecting a crackdown on unauthorized tourist accommodations.

For the full article, please visit Diario de Ibiza website here.

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