These changes affect long-term rentals mostly.
If the landlord is a natural person: 5 years mandatory renewal period on long-term rentals (plus 3 years silent renewal).
The Plenary Session of the Congress of Deputies in Spain has rejected the Royal Decree Law 21/2018, of 14th December, on urgent measures of housing and rent by 241 votes against, 103 votes in favour and 1 abstention.
On 19th December 2018 the reform of the rental market prepared by the Spanish Gove
Yes, you read that right – you can actually rent an island in Spain. Of course, for island rentals, the price isn’t exactly within the reach of ordinary mortals: it costs 20,000 euro per night to rent this Spanish island.
The price of rented housing in Spain fell by 1.3% during the third quarter of 2018, making the current average price per square metre 10.60 euro per month, which is 0.98 euro per square foot, according to the report on the development of rental prices published by idealista.
The duration of the lease of a house in Spain depends on the agreement made between the landlord and the tenant. At present, it’s normal to sign for one year with the possibility of voluntarily extending it later for up to three years.
Whether you are the owner of a home in Spain and you’re letting it out or you are the tenant who is going to live in it, everyone should understand what they are signing in the lease.
Clear and simple language is important, but it should be a complete text, so it is always advisable to have it writ
Many homeowners choose to rent out their homes in search of profitable long-term returns. In view of the rising price of property for sale, however, many people choose to sell, even if the house is still being rented.
If you’ve ever looked for a place to rent at least once in your life, you’ll know that the best deals should be grabbed with both hands of as soon as they come up.
The cost of renting property has increased by 8.8% in the first quarter of 2018, to 10.60 euro/m2 (1 euro/sq ft) per month. According to the report on rental prices published by idealista, all the autonomous regions in Spain recorded increases between January and March.
Having doubts about whether you should buy or rent is very common. On one hand, buying a home in Spain requires a significant initial input of money, but on the other hand, spending your whole life paying the rent on a house that you will never own is not necessarily an appealing option.
If you are a homeowner and you’re thinking about putting your property on the rental market, there are three types of contracts that exist in the market that you should know about.
When your rental contract ends, it’s important that both parties, the tenant and the owner of the property, sign an agreement to terminate the contract.
The state of the rental market shows two markedly different Spains. According to research by idealista, rental prices in 11 Spanish provincial capitals are more than they were at the height of the property boom, with Madrid, Barcelona, Malaga and the islands increasing more than 10%.
If you’re a tenant who has a contract to rent a property, or you’re going to have one soon, or you’re a landlord who has to draw one up, it’s important that it has at the bare minimum the landlord’s and the tenant’s information and any other specific terms and conditions.