International Property

As many property buyers opt to try before they buy, agents in Spain are receiving more enquiries about long-term lets.

Approximately 20 per cent of all enquiries received by agents are now about long-term lets, as buyers opt to sample a particular area of Spain before they commit.

The benefits of long-term renting means they get to experience a particular location first-hand, they’re immediately available to view properties as they come on to the market, and they are already in place, so they don’t have to keep going backwards and forwards between countries during the buying process.

For property owners, long-term letting can be a good deal too. There are none of the legal restrictions that surround tourist or holiday-lets and recent changes in the law favour the landlord should evicting a tenant become neccessary.

Long-term letting is a very good way to make income from your property in Spain, as you have rental income coming in constantly over a long period of time.

If you are renting out your home to holidaymakers by the week, then you may end up with some weeks when the property is empty and you are not making any money, therefore Spanish homeowners who perhaps don’t won’t to use their property for six months of the year, may find a long-term let is very profitable.

Why not contact our Spanish office for a suggestion of rental investments in Rural or coastal Spain