How would you rent out Spanish property whilst living in UK as UK residency
Hi there,
Can anyone out there help me please!
We have a 3bed villa with a beautiful private pool in Pinar and would like to rent it out as much as possible this year. Ive looked at using a property agent in Spain advertising it on the internet on hometogo / trip adviser air bnb and other main sites, they take hassle out of obtaining the tourist license which is great but that means I can only use them. If I go with any other agency or try and advertise it myself I need my own tourist license. How or what is the easiest way of me obtaining this whilst living in the UK? I can pay the agency a further 250euro's for a multi tourist license, if I use them. Would you do this?
So my questions are: if we live in UK is it best to advertise over here and pay UK tax or the rent received? Assuming that rent is paid in sterling into UK bank. Or is it best to get rent paid in euro's and paid into Spanish bank account? Assuming then you only tax on Spanish bank account?
Would you use a Spanish agency to manage your property for you, just for the ease and convenience and if yes, who could you recommend?
Or would you solely rely on advertising it in the UK on all the major internet sites, similar to above?
Any help or guidance would be greatly received, there's so much to take on and learn about how the Spanish conduct their affairs. I don't want to start off on the wrong foot and end up paying fines and taxes for mishaps that I'm unaware of that then don't make it worth renting out.
I look forward to any advice, please.
Many thanks
Callie