Long-term rentals Spain

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.

Having a home on the Spanish coast, where sun and beach predominate, continues to be a point of attraction for foreigners looking for a home abroad.

A fairly common question we get is how a landlord goes about updating a rental.

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.

The COVID-19 pandemic and the potential economic crisis in Spain caused by it, together with some changes in property valuations made by Banco de España (the Bank of Spain) are just some of the reasons why potential house buyers in Spain without sufficient savings will not be abl

Tenant’s top five A verbal contract is better than a written one. No, not really. Although verbal contracts in Spain are equally valid to written ones, the problem lies when there is a disagreement. It is very difficult to prove what was actually agreed in a verbal contract i.e.

When signing a rental contract in Spain we have to make sure to pay attention because without realising we may sign clauses that, according to the Urban Leasing Law in force, are illegal and therefore null and void.

Renting with the option to buy is one of the most recurrent contracts today in Spain, although it isn't as easy as it seems. It is an atypical complex contract, which has no specific legal regulation, as it is a contract that contains two legal businesses (renting and purchase option).&nb

Before when you would buy a house, you would own it for a lifetime.

The rise in the cost of renting in Spain is worrying not only politicians, but also the private sector. Faced with a lack of supply in some Spanish cities and an increase in demand, rental prices have risen faster than wages.

While most people may think this is rather straightforward, the fact is that if you do it wrong, you may find your tenant deposit not returned by your landlord; or even worse, an unwanted extension to your lease agreement!

For many this topic may seem rather pointless or futile; but the fact of the matter is that if you fail to cancel a lease agreement properly in Spain, it may have serious legal (and financial) repercussions for the tenant. In Spain, long-term contracts for rental properties which act as the pe

In point five of our previous blog post (Renting in Spain? Five clauses you should be mindful of), we discussed how some devious landlords in Spain, after a lease is over, like to pocket a tenant’s one-month deposit and do not hand it back, giving all sorts of lame excuses.

The centre-left PSOE party has won the Spanish general election with 123 seats. If they combine with the far-left Unidas Podemos (42), they will have 165 seats in parliament but won’t reach an absolute majority (176), so they will need the support of other parties to govern.

Spain is such a great place to live and work in. You are young, carefree, and have yielded to the temptation to move to this beautiful country for a while to test the waters.

As the deadline for the 2018 tax returns draws nearer, we remind you of the importance of doing your income tax returns in Spain and how to declare the IRPF if you rent your house to tourists and long-term tenants. The Spanish Tax Agency, the Hacienda, demanded that thousands of taxpayers pay

Spain has recently amended its rental laws in March 2019, in most cases to the detriment of landlords, creating serious legal obligations that landlords should be acutely aware of.

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 Spanish Council of Ministers has approved new legislation with a royal decree law reforming the rental market.

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

More and more people are choosing to share an apartment, not just students, as a more economical way to live. This means paying a reduced amount of rent for a room and cohabitating with other people, which can sometimes be problematic.

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 number of evictions of people not paying their rent has increased in Spain, accounting for almost 60% of all evictions in 2017.