On 5 February the Madrid City Council extended for one additional year the moratorium or suspension of licences for use of land, construction, building and carrying out of lodging activities within the scope defined by the initial approval of the Special Lodging Plan (Plan Especial de Hospedaje or “PEH”) on 26 July 2018.
This mandatory suspension is precautionary, that is, despite the fact that it is extended for one year more until 5 February 2020, it will be lifted when the PEH is definitively approved. Definitive approval of the PEH is foreseen for the first half of 2019.
Whether until 5 February 2020 or until the definitive approval of the PEH, this suspension implies that in existing residential buildings, no lodging licences of any type will be granted in the Central District, or lodging licences of the housing-with-tourist-use type in the Arganzuela District (Palos de Moguer neighbourhood), Salamanca District (Recoletos and Goya neighbourhood), Chamberí District (Trafalgar neighbourhood) and Moncloa-Aravaca District (Argüelles neighbourhood).
More information: Andoni Archanco