Rental companies - Page 2

Glad to be able to help. Seasonal lets are for those needing a longer but non-permanent rental, so staying at the house for a few months but not becoming their home. It can be snowbirds looking for a 90 day winter stay or people needing somewhere while their own property is being refurbished/finished for 3 or 4 months. They rent a fully furnished and fully equipped property inclusive of the bills. At present no license required, just a contract, but that could change in the future.  Long term letting is when someone rents your property as their fulltime home and they pay the utility bills, can take in all their own belongings and you will need a pretty watertight Spanish contract.

Holiday lets obviously give you far more flexibility for using the house yourself.  You only have to go through setting everything up once, and after you have the first season under your belt things will run smoothly. It is a steep learning curve, but there are people happy to help and share their experiences, and a good keyholder is vital for successful holiday lets (I know because I sacked a bad one!).

Where can you advertise for seasonal lets as I thought all the sites needed your license no? I’ve sent the keyholder you gave me a note of, a message, so thanks for the recommendation. I’m starting to get my head around some things now but as you say I need to keep learning.

Cheers

Liz

None of the (reputable) holiday sites will let you advertise because the can get fined for listing unlicensed properties. You are not looking for holiday makers. You could use Facebook groups, forums, long term rental sites, but need to stress no lets of less than one month as not a holiday let.

As a UK resident you would still need to do a quarterly tax return in Spain.

The law may change again to redefine short term holiday letting, but at present you can still do seasonal let's. It does limit when you can use the property yourself though. You will need letting insurance still.

Hi yeah I would sort out insurance. Do you still do lets? It’s a lot to remember and take in at first but once your up and running it should be stress free hopefully! The lawyer just contacted me this morning to say that’s the apartment in our name. So excited but haven’t told many people so I’m bursting lol!

Congratulations!  Yes, we still let our house.  Once you are ready to start letting out the property take out an additional specialist holiday let insurance with public liability cover.  We use Schofields in the UK.

“Property hounds” look after my property ( it’s a long term let ) the take 10% at source and do a good job. 

That’s great. I’ll keep a note of them. I just wish it was safe to travel as we haven’t even seen the apartment and never been to Villamartin! Bought it as an investment but hope to move to Spain sometime in the fut

Have you any idea how much I could get per month for the apartment and do I factor in water and electricity etc?

Hi Liz

At the risk of being jumped on by other members, shall we just recap?

You’ve bought a property you’ve never seen, in an area you’ve never visited

You’ve bought it as an investment, but thank God you’re not relying on the income, as you’re now wondering if it’s all worth it

You appear to have no idea of the requirements of letting a property legally, however “I’ve been told as long as it’s (license) has been applied for you can rent it out” and “but we have a lawyer who has a spare registration no that we can use in the meantime”

You’re now asking how much you can get for an apartment that you, as the owner, have never seen.

Members will form there own opinions, of course. I know what I think 🤪🥂

I would be interested to know if the entire process was dealt with through the estate agent using their recommended abogado and if the subject of renting it out was ever discussed with either of them and the replies given (apart from the ficticious spare licence).
If the main bathroom is less than 4.5 m2 then a licence is very unlikely to be given at all and this is the sticking point for many properties.