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To rent out for holiday rentals ?

Posted: Mon Apr 23, 2018 1:39pm
2 replies124 views5 members subscribed
Karol1112

Karol1112

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Posts: 207

84 helpful points

Location: Torrevieja

Joined: 3 Apr 2018

Hi, any advice on renting a small bungalow out for holiday rentals in La Siesta. Is it a popular area for this, and are there any pitfalls I should be aware of ? I have in the past done this in Turkey and that was fine. I know you have to register for tax etc but is there anything else I should be aware of, thank you.

Davebev1

Posted: Tue Apr 24, 2018 12:58pm

Davebev1

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Posts: 1573

2227 helpful points

Location: Playa Flamenca

Joined: 7 Nov 2017

Posted: Tue Apr 24, 2018 12:58pm

Hi

Where do I start?!  We have successfully and legally rented our holiday home for 11 years.  Are you living in the UK or in Spain?  If in the UK you need to decide if you will handle the lettings yourself or use a management company.  We manage all our own lets and use keyholders for meet and greets and after stay cleaning.  We still use the house ourselves too.  

A good source of info regarding registration is here 

https://www.spain-holiday.com/rentalbuzz/holiday-rental-licences-in-the-valencian-community

You will also need to do quarterly tax returns, get a password from the police to go onto their web site and record the details of adult guests, draw up proper contracts, have holiday rental insurance and ensure you meet the registration requirements.  You will need double the quantity of towels and bedding, throws etc to allow for change-overs and spares of glasses, mugs, plates etc due to accidental breakages.

There are lots of advertising sites but some are better than others, so check them out before parting with any money.  Some give you far more control than others over who stays.

Regarding areas that are good, it all depends on your target market.  A small property can also be good for winter 'snow bird' lets.  The most important point is to be honest in your advert, especially over distance to beach, shops etc.  Having use of a community pool increases your summer lets and the price you can charge in summer.  To gagewhat level of rate you can charge take a look at similar properties on some of the rental sites.

Bev

Karol1112

Posted: Tue Apr 24, 2018 2:24pm

Karol1112

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Posts: 207

84 helpful points

Location: Torrevieja

Joined: 3 Apr 2018

Posted: Tue Apr 24, 2018 2:24pm

Thank you Bev, sounds pretty much like Turkey as for rules etc, I had to do exactly the same over there. Just wondered if La Siesta was popular for short holiday rentals. I advertised  my self for them also on Turkey . So just need a trusted key holder and in and out cleans done then , once again thank you 👍

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