Renting out your Spanish Property
Have you just bought a property in Spain?
Do you want to rent it out when you are not using it?
Do you know what you need to do?
Here at Dolphin, we are experts in property rental, with 17 years experience on the coast we know exactly what you need to do, and when you need to do it.
Before you do anything, you must complete the registration of your property for rental.
Registration of your property
The new laws in Spain can make it confusing, before you rent out your property you must abide by the following requirements;
You must register your property with the tourism office of the Junta de Andulucia, to do this you will need to provide;
Your passport details
First occupancy licence
Your last IBI bill
Your nota simple
Once you have all this information in place, and you have been registered, you will receive a number, which you will need to advertise online or rent through an agency.
If you speak limited Spanish, you can use a lawyer to do this for you, in fact even if you have good Spanish you can ask a lawyer to do it for you!
Informing the police who will be using your property
Another thing you need to do when you are renting out your property, is to go to the Policia National, and register your apartment on their online guest booking system. They will give you a password to access their database on which you will have to enter all your guest passport details for anyone staying over the age of 16.
Finally, getting the apartment ready
Legally you are required to ensure that your property has the following;
You must have air-conditioning in all your rooms
You must make sure that your property is equipped with the correct fire equipment, e.g fire blanket, exit signs
You must have a fully equipped first aid kit
Once that is all done, you are free to rent out your property.
So should you rent out your property?
The rental market on the costa del sol is booming, and especially in Estepona. If your property is in very good condition, apartments are being rented out virtually 12 months of the year. However, you must consider that this is not guaranteed and if you are looking for a more permanent source of income, then long term rentals are in great demand at the moment.
Do not forget that once you are renting your property, especially with the short term option, you will need someone to manage it. A property management company will arrange cleaners, linen changes and sort out any maintenance issues that occur.
If you want get some more information about whether your property would be a viable rental, feel free to give us a call on 952 79 69 53 or email firstname.lastname@example.org