No more 60% tax reduction for owners of holiday rental apartments
Until now, owners of holiday rental properties have been able to enjoy a 60% reduction in their income tax rate.
Rent to buy leasing options in Spain… are they worth it?
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.
Tax Returns 2017: when a landlord can benefit from a tax reduction for rentals and how not to lose it
In a market in which there are more and more owners who rent out their properties, it is important to know in which cases the landlord can benefit from the 60% reduction for rent.
Tell me how long you want to rent your house for and I'll tell you what contract to choose
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.
These are two forms for legally terminating a rental contract
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 essential components of a rental contract
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.
Rent or buy: which is more cost-effective?
Whether you’re looking at villas, flats or holiday homes, there’s always the decision of whether to buy or to rent, but which is best for you? It’s worth taking the following into account...
Cost of a mortgage vs.