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If you are reading this commentary you are either an landlord of a property abroad considering leasing your property out, or a prospective tenant wondering what your legal rights are. In Spain there are basically two types of rentals, Short term and Long term rentals. Each form of rental has its own form of leasing contract.

If an landlord you can advertise your letting property with www.clickholidayvillas.com. If a potential renter please search our selection of properties appropriate for long term rentals in Spain. We cater for both short and long term lets.

The astute owner may have placed the matter of leasing and contracts in the hands of a rental company or a lawyer. However to guarantee you are fully satisfied, and equally as vital, that you appreciate both the contract and the contract practice do ask some basic questions.

Conversely, if you were fortunate enough to find the tenant by your own means you might be able to deal with the affair capably making a considerable saving! As an indication of set up costs, for long term rentals the standard ‘finder’s fee’ for a renter is the first month’s rent. This is paid direct to the finder, so you as owner would actually start receiving rental payments during the second month of the agreement period.

Hire contracts are verbose so do not just simply type something out yourself. Both the tenant and your good self might be quite happy to sign the agreement but you might be at loggerheads and or even worse, potentially in a legal court wrangle later. If the DIY course appeals to you one can purchase a standard rental contract form from some state owned tobacco shops, ‘Tabac’. The ‘tabac’ also provides along with other things, government forms for taxation.

Short term rentals contracts, are called Arrienda de Temporada, and a contract for long-term rentals is called Arrienda de Vivienda. Both types of contract are covered by 1995 legislation Ley de Arrendamientos. This legislation established enhanced rights for both owner and renter . The modification in legislation provides renewal of long term letting contracts for up to 5 year, whereas a short term letting is simply set for a definite period and at a confirmed cost.

What’s more the legislation also provides the owner with a right to 1 month’s rent for an unfitted house , and 2 months rent for a furnished house as a damage deposit. A go-between can hold the deposit, such as the housing department of the local government, Consejeria de la Vivienda. If the property-owner does not return the deposit in due time the legal interest rate will be applied as a fine.

It is expected that there will be yearly rent increases. These are in line with inflation and take place during the letting period. Whereas a new level of rent is set at the start of a new contract.

Whether you are an landlord or renter visit www.clickholidayvillas.com. Owners, if you wish to advertise for long term rentals in Calahonda, feel free to sign up. We cater for both short and long term lets.

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