Go Back  British Expats > Living & Moving Abroad > Europe > Spain
Reload this Page >

Renting In Spain

Renting In Spain

Old Aug 9th 2019, 12:09 pm
  #1  
Ton
Just Joined
Thread Starter
 
Joined: Sep 2016
Posts: 21
Ton has a reputation beyond reputeTon has a reputation beyond reputeTon has a reputation beyond reputeTon has a reputation beyond reputeTon has a reputation beyond reputeTon has a reputation beyond reputeTon has a reputation beyond reputeTon has a reputation beyond reputeTon has a reputation beyond reputeTon has a reputation beyond reputeTon has a reputation beyond repute
Default Renting In Spain

Our time in Portugal is coming to an end and we're looking at Spain as our next location - particularly the coastal area that stretches between Alicante and Almeria.

It would be great to gain an insight into the rental market there, so I have a few questions for anyone who can assist.

Is there an abundance of property available for long term let?

Are there many landlord issues when extending contracts past the initial 12 month period?

Are there any benefits to using an estate agent or is it better to go direct?

We'll be looking for a property that we can live in for around 3 years or so. If you currently rent or have any experience of the current climate, it would be great to hear from you.
Ton is offline  
Old Aug 9th 2019, 2:06 pm
  #2  
Retired and loving it!
 
snikpoh's Avatar
 
Joined: Sep 2007
Location: Ontinyent - Valencia region (campo)
Posts: 4,675
snikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond repute
Default Re: Renting In Spain

Originally Posted by Ton View Post
Our time in Portugal is coming to an end and we're looking at Spain as our next location - particularly the coastal area that stretches between Alicante and Almeria.

It would be great to gain an insight into the rental market there, so I have a few questions for anyone who can assist.

Is there an abundance of property available for long term let?

Are there many landlord issues when extending contracts past the initial 12 month period?

Are there any benefits to using an estate agent or is it better to go direct?


We'll be looking for a property that we can live in for around 3 years or so. If you currently rent or have any experience of the current climate, it would be great to hear from you.

Please read the rental laws (LAU) before renting in Spain.

Rental contracts automatically renew for up to 5 years now.
NEVER pay more than 1 months rent up-front
Security deposits are ONLY 1 month plus (up to) a further 2 months rent
Make sure any deposit is put into a government approved scheme or you may risk losing it later
Contracts can be in Spanish or English but Spanish is better in case there are any issues

IMHO, renting via an agent is a good idea but be prepared to pay up to 1 months rent for their efforts.
snikpoh is offline  
Old Aug 10th 2019, 6:32 pm
  #3  
BE Forum Addict
 
Loafing Along's Avatar
 
Joined: Jan 2016
Posts: 1,570
Loafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond repute
Default Re: Renting In Spain

Originally Posted by Ton View Post
Our time in Portugal is coming to an end and we're looking at Spain as our next location - particularly the coastal area that stretches between Alicante and Almeria.

It would be great to gain an insight into the rental market there, so I have a few questions for anyone who can assist.

Is there an abundance of property available for long term let?

Are there many landlord issues when extending contracts past the initial 12 month period?



Are there any benefits to using an estate agent or is it better to go direct?

We'll be looking for a property that we can live in for around 3 years or so. If you currently rent or have any experience of the current climate, it would be great to hear from you.
For whatever reasons the rental market at the moment very active and rents are accelerating compared to the house purchase market which remains relatively flat/low-growth by comparison. Generally long term rentals not so difficult to find except in extremely popular holiday areas where the market is more driven by short-term holiday lets which come under a different set of legislation to the long - term property market.
have a browse through such sites as www.idealista.es they will give you some clues although many of the rental properties advertised may have long gone as agents "forget" to delist them .

If you have the patience put this article through a translator : https://www.invertia.com/es/noticias...de-2013-291226

good summary of what is happening in the market

Last edited by Loafing Along; Aug 10th 2019 at 6:38 pm. Reason: Additional Comment
Loafing Along is offline  
Old Aug 11th 2019, 1:17 am
  #4  
BE Enthusiast
 
Joined: Sep 2003
Location: Christina Lake. BC
Posts: 662
Mike Gas has a brilliant futureMike Gas has a brilliant futureMike Gas has a brilliant futureMike Gas has a brilliant futureMike Gas has a brilliant futureMike Gas has a brilliant futureMike Gas has a brilliant future
Red face Re: Renting In Spain

Originally Posted by snikpoh View Post
Please read the rental laws (LAU) before renting in Spain.

Rental contracts automatically renew for up to 5 years now.
NEVER pay more than 1 months rent up-front
Security deposits are ONLY 1 month plus (up to) a further 2 months rent
Make sure any deposit is put into a government approved scheme or you may risk losing it later
Contracts can be in Spanish or English but Spanish is better in case there are any issues

IMHO, renting via an agent is a good idea but be prepared to pay up to 1 months rent for their efforts.
Hi not trying to hijack the thread but me and the wife will be in Spain towards end September trying to rent and obtain residency never realised you had to pay agents commision for renting.
Mike Gas is offline  
Old Aug 11th 2019, 8:00 am
  #5  
Ton
Just Joined
Thread Starter
 
Joined: Sep 2016
Posts: 21
Ton has a reputation beyond reputeTon has a reputation beyond reputeTon has a reputation beyond reputeTon has a reputation beyond reputeTon has a reputation beyond reputeTon has a reputation beyond reputeTon has a reputation beyond reputeTon has a reputation beyond reputeTon has a reputation beyond reputeTon has a reputation beyond reputeTon has a reputation beyond repute
Default Re: Renting In Spain

Thanks for the comments so far - very useful.

I do get the impression that rental demand is increasing with many properties now used for short term holiday lets. I'm also seeing many listings that are only available to teachers or properties that are only available outside peak season.

Luckily, we're flexible in terms of area and we don't mind being a few kilometres inland which should make things a little easier.
Ton is offline  
Old Aug 11th 2019, 9:17 am
  #6  
Retired and loving it!
 
snikpoh's Avatar
 
Joined: Sep 2007
Location: Ontinyent - Valencia region (campo)
Posts: 4,675
snikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond repute
Default Re: Renting In Spain

Originally Posted by Mike Gas View Post
Hi not trying to hijack the thread but me and the wife will be in Spain towards end September trying to rent and obtain residency never realised you had to pay agents commision for renting.
You certainly should if you ask them to find you a rental property - they are carrying out a service for you.

However, there is a lot of controversy over this with many saying the landlord should pay, some saying 50:50 etc.
snikpoh is offline  
Old Aug 11th 2019, 12:30 pm
  #7  
BE Enthusiast
 
Joined: Sep 2003
Location: Christina Lake. BC
Posts: 662
Mike Gas has a brilliant futureMike Gas has a brilliant futureMike Gas has a brilliant futureMike Gas has a brilliant futureMike Gas has a brilliant futureMike Gas has a brilliant futureMike Gas has a brilliant future
Default Re: Renting In Spain

exactly the service is for for landlord, think I will look to private rent then.
Mike Gas is offline  
Old Aug 11th 2019, 3:50 pm
  #8  
Retired and loving it!
 
snikpoh's Avatar
 
Joined: Sep 2007
Location: Ontinyent - Valencia region (campo)
Posts: 4,675
snikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond repute
Default Re: Renting In Spain

Originally Posted by Mike Gas View Post
exactly the service is for for landlord, think I will look to private rent then.
No, the service is for both. YOU ask the agent to find you somewhere to rent. They take you to a few until you find one you like.

Obviously the landlord wins as well, as he is able to rent out their property but you BOTH benefit from the services of an agent.

If not, don't answer ads that are via an agent
snikpoh is offline  
Old Aug 14th 2019, 7:52 am
  #9  
Just Joined
 
Joined: Jun 2015
Posts: 10
EagleJ is an unknown quantity at this point
Default Re: Renting In Spain

We have just finished an eight month rental in Javea.
Personally I would definitely use an agent. We viewed properties with three different agents and they all asked for one month
rent in fees from us if we took out a rental with them. Each agent dropped to half a months fee after negotiating.
The contract was clear and in both Spanish and English.
We had dogs with us and paid one month rent in advance and two months deposit, would have been one but due to the dogs it was two.
We have met a lot of friends in the area, some that rent direct from the owners and they tell us a lot of horror stories about their rentals where they don't get the deposit back, the owners and their families are always round their house unannounced using the pool or garage
and never deal with any maintenance issues that the property may have.
We had no such issues, maintenance done immediately, deposit returned one month after moving out.
This was just our experience and of course there are bad agents and great owners but although we didn't have any contact with our agents after they found the property for us, the systems in place led to us having a good experience.
EagleJ is offline  
Old Aug 14th 2019, 8:03 am
  #10  
Forum Regular
 
Joined: Jul 2019
Location: jalon valley costa Blanca
Posts: 92
el collado kid is an unknown quantity at this point
Default Re: Renting In Spain

Originally Posted by EagleJ View Post
We have just finished an eight month rental in Javea.
Personally I would definitely use an agent. We viewed properties with three different agents and they all asked for one month
rent in fees from us if we took out a rental with them. Each agent dropped to half a months fee after negotiating.
The contract was clear and in both Spanish and English.
We had dogs with us and paid one month rent in advance and two months deposit, would have been one but due to the dogs it was two.
We have met a lot of friends in the area, some that rent direct from the owners and they tell us a lot of horror stories about their rentals where they don't get the deposit back, the owners and their families are always round their house unannounced using the pool or garage
and never deal with any maintenance issues that the property may have.
We had no such issues, maintenance done immediately, deposit returned one month after moving out.
This was just our experience and of course there are bad agents and great owners but although we didn't have any contact with our agents after they found the property for us, the systems in place led to us having a good experience.
:goodpost :interesting information,nice area javea
el collado kid is offline  
Old Aug 15th 2019, 10:38 am
  #11  
Ton
Just Joined
Thread Starter
 
Joined: Sep 2016
Posts: 21
Ton has a reputation beyond reputeTon has a reputation beyond reputeTon has a reputation beyond reputeTon has a reputation beyond reputeTon has a reputation beyond reputeTon has a reputation beyond reputeTon has a reputation beyond reputeTon has a reputation beyond reputeTon has a reputation beyond reputeTon has a reputation beyond reputeTon has a reputation beyond repute
Default Re: Renting In Spain

Very useful post EagleJ, thanks.

Paying an estate agent a month's rent to find a landlord that will accept foreigners, won't ask for a guarantor, is willing to rent long term and hopefully won't run off with our deposit sounds like a good deal to me.
Ton is offline  
Old Aug 17th 2019, 3:14 pm
  #12  
BE Enthusiast
 
chrisjolly's Avatar
 
Joined: Feb 2010
Posts: 793
chrisjolly has a reputation beyond reputechrisjolly has a reputation beyond reputechrisjolly has a reputation beyond reputechrisjolly has a reputation beyond reputechrisjolly has a reputation beyond reputechrisjolly has a reputation beyond reputechrisjolly has a reputation beyond reputechrisjolly has a reputation beyond reputechrisjolly has a reputation beyond reputechrisjolly has a reputation beyond reputechrisjolly has a reputation beyond repute
Default Re: Renting In Spain

That is something you get used to here. The agent might even make a deal with the owner to take a monthly commission from the rent. Its not unusual for a commission to be paid for any service that you require. If anyone says they can help you then they will more than likely be getting a commission whether its a builder, insurance, electrician or even someone getting your ITV on your car. Thats the way it is here. Be careful but just live with it.
chrisjolly is offline  
Old Aug 17th 2019, 3:21 pm
  #13  
BE Forum Addict
 
Loafing Along's Avatar
 
Joined: Jan 2016
Posts: 1,570
Loafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond repute
Default Re: Renting In Spain

Originally Posted by chrisjolly View Post
That is something you get used to here. The agent might even make a deal with the owner to take a monthly commission from the rent. Its not unusual for a commission to be paid for any service that you require. If anyone says they can help you then they will more than likely be getting a commission whether its a builder, insurance, electrician or even someone getting your ITV on your car. Thats the way it is here. Be careful but just live with it.
I think that is a shocking statement. In 20 years of living in Spain never had to pay a commission to anyone for a service .
Loafing Along is offline  
Old Aug 17th 2019, 3:26 pm
  #14  
BE Enthusiast
 
chrisjolly's Avatar
 
Joined: Feb 2010
Posts: 793
chrisjolly has a reputation beyond reputechrisjolly has a reputation beyond reputechrisjolly has a reputation beyond reputechrisjolly has a reputation beyond reputechrisjolly has a reputation beyond reputechrisjolly has a reputation beyond reputechrisjolly has a reputation beyond reputechrisjolly has a reputation beyond reputechrisjolly has a reputation beyond reputechrisjolly has a reputation beyond reputechrisjolly has a reputation beyond repute
Default Re: Renting In Spain

Well you probably have never realised it.
chrisjolly is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Contact Us Archive Advertising Cookie Policy Privacy Statement Terms of Service

Copyright © 2018 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.