This day has been expected and dreaded by many in Vacation rental business. Valencia region has new law and we have till July 8th to prepare for the changes. Two main things will affect those who are already registered and those who have not done so. Requirements to stay registered are changing, fines are starting at 10 000 euros for the smallest of infractions. If you're not registered yet, you still have time, as till July 8th you can with the current rules.