Property in Spain | What is an administrador de fincas?

Meaning of administrador de fincas

Section for people wanting to buy, sell or rent property in Spain.

What is an administrador de fincas?

Much Spanish property forms part of a complex of buildings which share some facilities such as a swimming pool, gardens, park, social club etc. and as such requires some sort of collective management.







 
 



 





 

 





 
 


These complexes usually employ a caretaker or a gardener, or both, to take care of daily maintenance and repair (lifts, swimming pool maintenance, gardening, distribution of letters and parcels to the corresponding post boxes, cleaning of common areas etc.).

In Spain most complexes, or "urbanizaciones" as they are called here, delegate the management of the community ("communidad") in a licensed property administrator called "administrador de fincas". This person (or company) oversees all the administrative side of the community management, and property owners pay a monthly fee to the administrador de fincas to cover the cost of community maintenance and management.

The administrador calls yearly meetings in which owners debate all issues related to the management of the complex or urbanization and elect a representative ("presidente") to liaise with the administrator. These meetings are chaired by the admininstrator who takes notes and sends the minutes of the meeting and the agreements reached.


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.
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