Property for rent in Spain
How can I legally rent my property in Spain?
A fairly common question we get is how a landlord goes about updating a rental. Well, the short answer is that unless you worded it into a rental agreement, on leasing a property, you simply cannot add it in belatedly; unless your tenant agrees to it – which he won’t.
Milan is the southern European city that requires the greatest effort to rent a property: in the great Italian economic hub, families must spend 42.6% of their income on rent, according to a study by idealista, which crosses rental prices in March 2021 and estimated* household incomes.
How much is rent in Spain? The good news for those who are planning to rent property in Spain in 2021, a great alternative if you're not ready to buy, is that the price of housing rental in Spain has fallen by 3.8% during the 12 months of the pandemic, according to a report published by idealista.
A question we frequently get asked by clients is if they should be paying 1 or 2 months’ security deposit on renting out in Spain. The short reply is it depends.
In the midst of the coronavirus pandemic where the tourism sector has been heavily affected in Spain, Barcelona City Council has announced that it plans to ban the rental of rooms for less than a month to prevent the proliferation of tourist rentals in the city.
Investing in Spanish property to let it out (BTL) became a hugely profitable business over the last five years, yielding two digit returns year-on-year.
The main disadvantage of renting a house or flat for many people is the fact you pay your rent every month but in the end, you’re left with nothing to call your own, something many people see as a terrible waste of money. For this reason, many people prefer to buy property.
The leading real estate marketplace in Spain, idealista, has launched a new service that allows the creation and remote signing of rental contracts for real estate agencies, landlords and tenants. The service is easy to use and is free of charge.
It is in times of uncertainty and crisis that scams become more and more evident, with many people in many areas breaking the rules and laws for their own benefit.
When renting a house in Spain, many doubts and questions may arise, especially for expats and those moving to Spain for the first time. One question which comes up time and time again regarding rental contracts in Spain is regarding when a tenant can legally terminate his or her housing contract.
11-month rental contracts are watertight. Eleven-month contracts are a popular urban myth that somehow manages to perpetuate itself from one year to the next.