If you want to delegate the renting of your property, it is a good idea to hire
the services of a Spanish estate agent.
Most inmobiliarias are prepared to take care of all the legalities of renting
accommodation in exchange for a percentage of the weekly or monthly rent if you
want to rent short term, or in exchange of the equivalent of one
month's rent (which the tenant pays directly to the agency) if you are going to
rent your property long-term (i.e. for at least one year).
Most estate agents employ people who speak English and other European languages, depending on the area, and they take care of showing the property to potential tenants which is ideal if you do not live in Spain or don't want the hassle of having to show people around yourself. They will also draw up the contract for you, according to your terms and Spanish law.
You don't have to have a special licence to rent accommodation if it is a long-term let, but you will be liable to Spanish VAT laws. This means that you will have to charge VAT on the monthly rent, and then pay this back to the tax office, Hacienda, on a quarterly basis. One of the many Gestorías or Asesorías in Spain will take care of the paperwork for you for a small fee.
Most Spanish provinces have a free weekly newspaper with various classified pages, including a section on property for rent in the province capital and surrounding area. It is worth listing your property in the paper, because most people looking for property to rent long term use it as one of the main sources of information.
There are more and more websites of property to rent in Spain, where you can list the charactaristics of your property, availability and rent for free. More and more people use the Internet to look for property for rent and for sale, so it is worth listing your property on as many of these sites as you can possibly find.
|Other useful links|
|Latest news on the property market in Spain Selection of news articles related to the real estate market here.|
|Mortgages in Spain, a brief introduction to the Spanish mortgage market, how it works and interest rates in Spain|
|Spanish banks, before applying for a mortgage, find out more about Spain's most popular banks and Spanish savings banks.|
|Property taxes in Spain, description of taxes involved in purchasing property and yearly property taxes in Spain.|
|Useful Spanish vocab for buying a house - you should learn at least the basic terms. Check out our pronunciation guide too.|
|Renting property in Spain - if you want to buy to rent, then read this section and our free notice board of property to rent in Spain.|
|Spanish lawyers - information on lawyers fees in Spain for property transactions|
|Houses for sale in Spain - take a look at the kind of houses available. Or check out our free Spain property for sale board.|