Holiday Rental Guide

Renting a privately owned apartment, townhouse or villa has huge advantages over traditional hotel accommodation and is becoming increasingly popular with owners and clients alike.

Sharing the cost of a private villa works out cheaper than average hotel costs. Private accommodation also offers a level of privacy as guests are not forced to share communal areas with strangers. 

Private accommodation is usually self-catering, meaning there are no rigid meal times to adhere to; breakfast can be at midday and lunch or dinner at any time you fancy! Buying food and drink at grocery store prices also cuts the cost of eating out at restaurants.

Catering companies can even be employed for larger groups of between of 8 and 15 people (which is now the maximum according to the New Holiday Rental Laws). A washing up service is usually included in the fee, so guests can relax and enjoy the meal.

Bookings are generally made directly through an agent with a deposit of 30% of the total coast required at the time of booking. The total balance is usually paid off six years before arrival. Changes to Spanish law now mean that holiday lets are required to have a registration number to prove that the property is legally registered for such use.

Spanish law also requires the tenant to give the owner or agent a damages deposit, the amount of which is entirely up to the owner or agent depending on the standard of the accommodation and the amenities offered.  Provided the property is returned in the same manner it was received, and no damages are incurred, then the deposit will be returned in full within a month of departure. The tenant will also be required to provide names and copies of passports of all guests in line with Spanish law. 

For home owners looking to rent their properties, we offer a fully integrated rentals and property management service. As part of First Choice Spain’s rental service we will source all clients, carry out background checks and provide all the necessary contracts and conditions.

We will also collect deposits, resolve any domestic emergencies, and provide the on-going care your property needs when rented to third parties.

F.A.Q.: Frequently asked questions about holiday rental in Spain

  • For property owners:
    • What is the new Andalucia holiday rental regulation?
      On February 2 2016 the Junta of Andalucia passed a decree intended to provide further regulation over the holiday/ short-term rentals market. These new laws will effect property owners who rent all or part of their properties for any period of up to two months.

      Property owners will be legally responsible to the Registry of Tourism and their guests for ensuring that all requirements are met, and that the property is registered correctly and legally entitled to be rented for holiday purposes. Owners who fail to register, or ensure that their properties meet the new regulations, face large fines.

    • As a property owner in Spain, what taxes am I expected to pay when renting my property?
      Non-residents in Spain are still liable for paying taxes on any Spanish-sourced income, this is generally taxed at a flat rate of 19% and applies to all rentals, be it long or short term.

    • How much rental income can I expect?
      The rental income you receive will depend on the type of property, the standard of accommodation, size and the location and what facilities are provided. As Spain’s property market and the strength of the euro continues to rise, rental prices are also seeing a steady increase.

    • How long can I advertise my property for without registering under the new holiday rental regulation?
      All properties advertised online or by any other means need to have the licence number in place before advertising and accepting bookings. Any owners or agents acting for owners without the appropriate licence in place leave themselves exposed to potentially huge fines and repeated offenders risk having their property closed down without being able to honour further bookings.

  • For tenants:
    • What is the minimum stay?
      Depending on the owner it can be anything from one night to two weeks. Many holiday rentals will have a minimum stay of two or three days, especially at weekends or in peak season.

    • What is the standard deposit when renting a holiday property in Spain?
      There will generally be a 30% booking deposit due at the time of booking as well as a damages deposit set by the property owner. Damage deposits will be returned after vacating the property providing there are no damages.

    • What bills am I responsible for?
      Your bills should be included in your booking unless stipulated otherwise at point of booking. Most rental accommodations will include the bills in the overall rental cost.

    • Who do I call if something is broken in the holiday property?
      Any damages found that has not committed by the tenant must be reported immediately to the owner or the management company. Otherwise it could be deemed that the current tenants would be liable for the damage.

Tel.
0034 952 817 369
Mob.
0034 616 249 972
Email:
info@firstchoicespain.com
Emergency:
0034 650 600 496

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