Property for rent in Spain

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.