11 months' rent paid in one go
May 1st 2012, 8:18 pm
#1
Just Joined
Thread Starter
Joined: May 2012
Posts: 8
11 months' rent paid in one go
Hello,
My wife and I live in the UK and are planning to live in Spain for a year as a trial out.
We have found a lovely place and managed to negotiate the price for the rent on the conditions that we would pay the 11 month (ON A CONTRATO DE ARRENDAMIENTO DE TEMPORADA) in advance (this was our proposition). In the contract it says that the 11 month should be paid in cash.
Well we don’t really want travel from the UK with 13200 Euros in cash plus one month deposit. Would not feel safe!
1. So we think of proposing a bank transfer but is it a safe option as he (the landlord) will have received our money but we will still be in the Uk with only his word that he’s received our funds!
2. Should we also received a returned a signed contract before the funds are sent to the owners or the other way round?
3. Also I have read in some of the threads that it is illegal to pay more than one months at a time? Is this really true for a temporary contract? Should we be concerned by this even if we are happy with the situation?
Many thanks for your help
My wife and I live in the UK and are planning to live in Spain for a year as a trial out.
We have found a lovely place and managed to negotiate the price for the rent on the conditions that we would pay the 11 month (ON A CONTRATO DE ARRENDAMIENTO DE TEMPORADA) in advance (this was our proposition). In the contract it says that the 11 month should be paid in cash.
Well we don’t really want travel from the UK with 13200 Euros in cash plus one month deposit. Would not feel safe!
1. So we think of proposing a bank transfer but is it a safe option as he (the landlord) will have received our money but we will still be in the Uk with only his word that he’s received our funds!
2. Should we also received a returned a signed contract before the funds are sent to the owners or the other way round?
3. Also I have read in some of the threads that it is illegal to pay more than one months at a time? Is this really true for a temporary contract? Should we be concerned by this even if we are happy with the situation?
Many thanks for your help
May 1st 2012, 8:22 pm
#2
¿Dónde estoy?
Joined: Jun 2004
Location: my paradise - Jávea
Posts: 13,330
Re: 11 months' rent paid in one go
Hello,
My wife and I live in the UK and are planning to live in Spain for a year as a trial out.
We have found a lovely place and managed to negotiate the price for the rent on the conditions that we would pay the 11 month (ON A CONTRATO DE ARRENDAMIENTO DE TEMPORADA) in advance (this was our proposition). In the contract it says that the 11 month should be paid in cash.
Well we don’t really want travel from the UK with 13200 Euros in cash plus one month deposit. Would not feel safe!
1. So we think of proposing a bank transfer but is it a safe option as he (the landlord) will have received our money but we will still be in the Uk with only his word that he’s received our funds!
2. Should we also received a returned a signed contract before the funds are sent to the owners or the other way round?
3. Also I have read in some of the threads that it is illegal to pay more than one months at a time? Is this really true for a temporary contract? Should we be concerned by this even if we are happy with the situation?
Many thanks for your help
My wife and I live in the UK and are planning to live in Spain for a year as a trial out.
We have found a lovely place and managed to negotiate the price for the rent on the conditions that we would pay the 11 month (ON A CONTRATO DE ARRENDAMIENTO DE TEMPORADA) in advance (this was our proposition). In the contract it says that the 11 month should be paid in cash.
Well we don’t really want travel from the UK with 13200 Euros in cash plus one month deposit. Would not feel safe!
1. So we think of proposing a bank transfer but is it a safe option as he (the landlord) will have received our money but we will still be in the Uk with only his word that he’s received our funds!
2. Should we also received a returned a signed contract before the funds are sent to the owners or the other way round?
3. Also I have read in some of the threads that it is illegal to pay more than one months at a time? Is this really true for a temporary contract? Should we be concerned by this even if we are happy with the situation?
Many thanks for your help
under no circumstances would I ever pay more than a month fianza/deposit & a month rent upfront
will this be your only residence in Spain? if so, the temporary contract isn't legally appropriate
May 1st 2012, 8:28 pm
#3
squeaky clean
Joined: Mar 2010
Location: Spain 4th feb 08 - October 11, now flits batck and forth from sunny Worthing
Posts: 1,576
Re: 11 months' rent paid in one go
WHAT??? They're trying it on. the worst I've heard of is 6 months up front and that was only to get a substantial discount. DONT DO IT! What happens if you dont like it, or if there are problems???? NO, NO, NO, NO, NO, NO...........!!! Its usually one month deposit and one month up front - thats the standard, legal way!
Jo xxx
Jo xxx
May 1st 2012, 8:32 pm
#4
MODERATOR
Joined: Mar 2007
Location: Costa Valencia
Posts: 14,800
Re: 11 months' rent paid in one go
Hello,
My wife and I live in the UK and are planning to live in Spain for a year as a trial out.
We have found a lovely place and managed to negotiate the price for the rent on the conditions that we would pay the 11 month (ON A CONTRATO DE ARRENDAMIENTO DE TEMPORADA) in advance (this was our proposition). In the contract it says that the 11 month should be paid in cash.
Well we don’t really want travel from the UK with 13200 Euros in cash plus one month deposit. Would not feel safe!
1. So we think of proposing a bank transfer but is it a safe option as he (the landlord) will have received our money but we will still be in the Uk with only his word that he’s received our funds!
2. Should we also received a returned a signed contract before the funds are sent to the owners or the other way round?
3. Also I have read in some of the threads that it is illegal to pay more than one months at a time? Is this really true for a temporary contract? Should we be concerned by this even if we are happy with the situation?
Many thanks for your help
My wife and I live in the UK and are planning to live in Spain for a year as a trial out.
We have found a lovely place and managed to negotiate the price for the rent on the conditions that we would pay the 11 month (ON A CONTRATO DE ARRENDAMIENTO DE TEMPORADA) in advance (this was our proposition). In the contract it says that the 11 month should be paid in cash.
Well we don’t really want travel from the UK with 13200 Euros in cash plus one month deposit. Would not feel safe!
1. So we think of proposing a bank transfer but is it a safe option as he (the landlord) will have received our money but we will still be in the Uk with only his word that he’s received our funds!
2. Should we also received a returned a signed contract before the funds are sent to the owners or the other way round?
3. Also I have read in some of the threads that it is illegal to pay more than one months at a time? Is this really true for a temporary contract? Should we be concerned by this even if we are happy with the situation?
Many thanks for your help
BE is a very large expat website, so if you have problems finding your way around we have concierges who will try to direct you. The moderators for the Spanish forums are Mitzyboy and Fred James, moderators are there to ensure that the site runs smoothly within the rules of BE. Problems and complaints should always be addressed to a moderador who will look into the matter and deal with it efficiently and fairly. Our members who post in the Spain Forums are friendly and helpful with a wealth of knowledge of the issues of living in Spain. At the top of the page you will find a quirkily named thread called Free Beer which is full of important and useful information. Hope you enjoy your time participating in the forums.
Please let me know if you need any further help.
Rosemary
May 1st 2012, 8:51 pm
#5
Forum Regular
Joined: Dec 2011
Posts: 106
Re: 11 months' rent paid in one go
Do NOT part with your money.
May 1st 2012, 9:57 pm
#6
Forum Regular
Joined: Mar 2012
Location: Benalmadena Pueblo
Posts: 58
Re: 11 months' rent paid in one go
Sounds VERY dodgy to me. I wouldn't part with a penny until you've physically seen the property just in case it doesn't actually exist...
May 2nd 2012, 12:44 am
#7
BE Forum Addict
Joined: Mar 2011
Posts: 1,518
Re: 11 months' rent paid in one go
No way. That is an expensive rent in any case unless it's a magnificent villa.
May 2nd 2012, 12:45 am
#8
BE Forum Addict
Joined: Sep 2010
Location: Near Alora....but not too near. :)
Posts: 1,646
Re: 11 months' rent paid in one go
There are so many properties for rent now that you could take your pick, come over and stay in a hotel for a week while you look round for something suitable for your needs.
What ever you end up doing....do NOT part with that sort of money up front, it sounds like a very dodgy deal and the property may not belong to them or may not even exist!
What ever you end up doing....do NOT part with that sort of money up front, it sounds like a very dodgy deal and the property may not belong to them or may not even exist!
May 2nd 2012, 5:21 am
#9
BE Forum Addict
Joined: Jun 2009
Location: Valencia area
Posts: 1,157
Re: 11 months' rent paid in one go
jilandjo as the others have said this is very odd !
Why take the risk, as Megmet said book into a hotel near your chosen area and come back on here to ask for further advice as its odds on that a member will know someone who has a place to rent that may well suit.
Why take the risk, as Megmet said book into a hotel near your chosen area and come back on here to ask for further advice as its odds on that a member will know someone who has a place to rent that may well suit.
May 2nd 2012, 6:06 am
#10
squeaky clean
Joined: Mar 2010
Location: Spain 4th feb 08 - October 11, now flits batck and forth from sunny Worthing
Posts: 1,576
May 2nd 2012, 6:11 am
#11
Forum Regular
Joined: Jun 2010
Posts: 81
Re: 11 months' rent paid in one go
Agreed don't do it.
Something will happen to the euro in the short term, keep your money safe.
Good Luck!
Something will happen to the euro in the short term, keep your money safe.
Good Luck!
May 2nd 2012, 8:27 am
#12
Banned
Joined: Feb 2011
Location: Mallorca
Posts: 19,367
Re: 11 months' rent paid in one go
Oh this stuff never happens in Spain.
Don't you know that Spain and its people are the most transparent, ethical, and legally proper country on the planet? Come to think of it, Spain is the world's #1 in everything, isn't it?
Here's another #1 for you: Naive foreigner newbies and their money soon part ways.
Don't you know that Spain and its people are the most transparent, ethical, and legally proper country on the planet? Come to think of it, Spain is the world's #1 in everything, isn't it?
Here's another #1 for you: Naive foreigner newbies and their money soon part ways.
Last edited by amideislas; May 2nd 2012 at 10:19 am.
May 2nd 2012, 9:06 am
#13
Started off with nothing
Joined: Feb 2009
Posts: 4,946
Re: 11 months' rent paid in one go
this was our proposition
Not safe to travel with 13200 euros but safe / stupid enough to pay up front for a rental property. Don't tell me this is for a property they have not seen to a man they have not met?
1,100+ per month = must be a very nice property?
Last edited by missile; May 2nd 2012 at 10:38 am.
May 2nd 2012, 9:46 am
#14
BE Forum Addict
Joined: Apr 2007
Posts: 2,675
Re: 11 months' rent paid in one go
Hello,
My wife and I live in the UK and are planning to live in Spain for a year as a trial out.
We have found a lovely place and managed to negotiate the price for the rent on the conditions that we would pay the 11 month (ON A CONTRATO DE ARRENDAMIENTO DE TEMPORADA) in advance (this was our proposition). In the contract it says that the 11 month should be paid in cash.
Well we don’t really want travel from the UK with 13200 Euros in cash plus one month deposit. Would not feel safe!
1. So we think of proposing a bank transfer but is it a safe option as he (the landlord) will have received our money but we will still be in the Uk with only his word that he’s received our funds!
2. Should we also received a returned a signed contract before the funds are sent to the owners or the other way round?
3. Also I have read in some of the threads that it is illegal to pay more than one months at a time? Is this really true for a temporary contract? Should we be concerned by this even if we are happy with the situation?
Many thanks for your help
My wife and I live in the UK and are planning to live in Spain for a year as a trial out.
We have found a lovely place and managed to negotiate the price for the rent on the conditions that we would pay the 11 month (ON A CONTRATO DE ARRENDAMIENTO DE TEMPORADA) in advance (this was our proposition). In the contract it says that the 11 month should be paid in cash.
Well we don’t really want travel from the UK with 13200 Euros in cash plus one month deposit. Would not feel safe!
1. So we think of proposing a bank transfer but is it a safe option as he (the landlord) will have received our money but we will still be in the Uk with only his word that he’s received our funds!
2. Should we also received a returned a signed contract before the funds are sent to the owners or the other way round?
3. Also I have read in some of the threads that it is illegal to pay more than one months at a time? Is this really true for a temporary contract? Should we be concerned by this even if we are happy with the situation?
Many thanks for your help
I'm sure once you have reread your own post you will see how ill advised it would be. Would you do the same in the UK where you have a fighting chance of getting it back? If anything goes wrong you can say goodbye to your hard-earned.
May 2nd 2012, 10:52 am
#15
Lost in BE Cyberspace
Joined: Oct 2008
Location: near Colmenar, Prov de Malaga
Posts: 5,174
Re: 11 months' rent paid in one go
If you do decide to travel with this amount of cash do not forget to declare it at customs/immigration. Whilst it's not illegal to travel with this amount of cash it has to declared or in could be confiscated!
I'm sure once you have reread your own post you will see how ill advised it would be. Would you do the same in the UK where you have a fighting chance of getting it back? If anything goes wrong you can say goodbye to your hard-earned.
I'm sure once you have reread your own post you will see how ill advised it would be. Would you do the same in the UK where you have a fighting chance of getting it back? If anything goes wrong you can say goodbye to your hard-earned.
Have you seen the property?
Have you met the landlord?
Do you know the arrangements ref electricity/maintenance/basura/water/garage/etcetera/etcetera?
Goodness me, on reflection words fail me..... if you've negotiated the price and YOU suggested paying all upfront, which would normally only occur to someone if they feel they've got a really good deal, then it must have been - guessing - 1500 or more a month to start. Crikey!