Those who bought off plan a couple of years ago with the intention of renting out their property as a holiday let are now considering the long term rental market. It offers more peace of mind knowing that there are fewer people in and out of your apartment and a guaranteed rental income for a long period of time. Renting a Property Long Term in Spain.
Renting a Property Long Term in Spain
Generally, finding a holiday apartment in Spain is very easy especially since nearly everyone has a friend or relative with one to let. On the other hand, knowing how to go about finding a long term rental can be a challenge. So where do you look? The truth is there are lots of owners desperate to rent out their properties but they are having difficulty being put in contact with those searching.
We have a service where you can list your long term rental for free
http://www.eyeonspain.com/Holiday-Rentals-Spain.aspx. This would also be the first port of call for anyone looking for a long term rental online. Such people could range from those who have bought off plan and their property is under construction to those who want to come out to Spain for while to test the water.
Once you start researching the market, you may soon be overwhelmed by the choice. You need to think about what you really need and want. Remember, you are likely to be living there for a minimum of six months and as delays on developments are commonplace, if you are buying off plan, you will probably be renting for longer than anticipated. Have a look at the following points to help you narrow your search.
* Do you want to live in a predominantly Spanish or an English/international area?
* Do you want to live in a community where your neighbours are holiday lets or fellow long term tenants?
* Would you like sea view?
* When do you get the sun on the property?
* What is the noise level?
* Is there construction nearby?
* Is it close to work? .Is it close to shops?
* Can you walk to facilities?
* Is it close to your children’s schools?
* Do you have friends living nearby?
* How close is it to the airport for visitors or flying back and forth?
* Are there leisure facilities nearby?
* Are there parks and play areas nearby for children?
* What type of property are you looking for a villa, townhouse, or apartment?
* Do you need outdoor space?
* How many bedrooms?
* Can you keep pets?
* Is there satellite television installed?
* Would it be possible to work from home?
* Is there storage space?
* Do you want a private or communal pool?
* Is there a phone line? (Big problem on the Costa del Sol)
* Where can you park?
* Is the terrace safe for your children?
* Is there heating? (It is very cold indoors during the winter)
* Is there air conditioning?
* Where can you park?
* Is security a concern for you?
* Is there an alarm system or 24 hour security?
The maximum length of a rental contract is usually eleven months with a renewal clause in the contract. Those with rare rental contracts over this time period have greater rights under Spanish law. During the winter low season.