Seasonal rentals keep gaining relevance in the real estate market to the detriment of permanent rentals, as a consequence of the successive policies that are driving this phenomenon. In the first quarter of 2024, this type of rental accounted for 11% of the market, with a year-on-year increase in supply of 56%, while the permanent rental supply fell by 15% in the same period.
When renting a property, the landlord and tenant must carry out some formalities and sign several documents, especially for rental agreements, as there are several types.
The most common agreement for renting a house is the simple rental contract, which must contain the landlord's and tenant'
Are you a foreigner thinking of renting a property in Spain? What permits and documents do you need to move into a flat?
Renting a flat in Spain can seem overwhelming, but with the correct information, you can find the perfect home without unnecessary hassle.
Benidorm's residential skyscrapers are looking for tenants for their luxury flats. InTempo, Delfin and Sunset Waves are some of the residential buildings with properties for rent. And all of them are available on idealista.
Generally speaking, their monthly rents are between €3,000 and €4,000.
When you decide to rent a property, the big question always arises: How can you protect yourself against possible non-payment or damage caused by the tenant? This is where tenant default insurance comes into play – a tool that protects landlords. But who pays for it, the tenant or the landlord?
The price of holiday rentals in Spain grew by 11% in the first quarter of the year compared to the same period in 2022, according to data from the Spanish Statistics Institute (INE).
This evolution reflects a higher tension in the market that is in line with the recovery of foreign tourism observed
The rental stock in Barcelona has plummeted by more than 50% during this term of office, which, together with the growing rental demand, has caused the average price to reach €18.6 per square metre per month, reaching the all-time high of January 2023, according to data from idealista, after increas
The post-covid socio-economic environment has contributed to the growth of the 'build to rent' (BTR) sector in Spain, an alternative that concentrates millionaire investments due to the good prospects of this type of offer.
Problems and faults in rented flats often become a real headache for tenants and landlords in Spain. Not only because of the inconvenience they inevitably cause, but often also because of the question of who is responsible for the cost of repairs.
If you are renting a property in Spain and wish to leave the property early, you are within your rights to do so. The law allows tenants in Spain to leave a property if at least six months of the contract have passed, also known as the minimum obligatory stay in Spain.
If you are one of the many students who will participate in the Erasmus programme in Spain in 2022, or are simply coming to Spain to study or work as a language assistant, for example, it's time to start looking for somewhere to live in Spain.
As we predicted in our previous article (Spanish Government introduces inflation control in long term rentals – 11th April 2022), because of Spain’s high inflation, the government would continue to ‘chain’ (by this we mean renew every 3 months) the 2% inflation cap on long term rentals.
Spain’s Nat
Perhaps you own a Spanish property or holiday but don't get much of a chance to use it. Having an empty house in Spain is a missed opportunity. You have to pay expenses and taxes, even if you don't use it.
Living near the beach and being able to enjoy the Spanish coast not only during the summer is a pleasure that is everyone's reach with a rented property.
You are probably aware of Spain’s Tenancy Act (LAU, in Spanish). You will have likely heard that all long-term rental contracts in Spain are subject to the LAU and must abide by its terms.
But are they really?
When signing a rental contract for a property, both parties do so with the intention of not breaking it prematurely, but the reality is that there are times when the tenant or the landlord decides to end the agreement.
The demand to rent property in Spain has been growing for years. Among expats with investment properties in Spain this is not news, they have long been tapping into this market for short-term and long-term rentals.
Renting out property in Spain has been highly profitable for landlords over the last years (Covid-19 pandemic notwithstanding). Landlords can expect net yields of 5% p.a. If to this you also add in the capital appreciation, you’re looking at two-digit gains per year.
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.
If you are renting out your property in Spain, being insured is, without a doubt, the only way to have peace of mind, and the best way to have peace of mind is to take out rental default insurance.