Rentals and Property Management
The Spanish tourist board estimates that 38% of all visitors to Spain stay in self-catering accommodation. Demand for rental properties is high and prices have risen tremendously.
Putting your money into property for buy-to-let tends to be a better investment than investing in a sagging stock market. If everything goes as it should, you can expect a return on capital of around 8%. Rental commissions are usually around 20% of the rental income.
By taking a Spanish mortgage of approximately 70% of the value of the property, at today´s low interest rates, your mortgage could be paid annually by renting out your property for only 15 weeks, during the peak season. Added to this, your property is increasing in value, year on year, with an increase of up to 20% in the most desirable areas. And remember, this is all achieved with the banks' money, not your own.
There are two seasons in Spain, the summer season from Easter to the end of October, and the winter season from November through to the end of March. During the summer season, many holiday makers visit Spain for one to two weeks to relax and enjoy the sun. The winter season attracts many golfers who visit for shorter trips. There is therefore a huge rental demand all year round. This is why we offer a range of integrated property managment and rental services tailored to your specific needs.
Our aim is to provide excellent management of your property in Spain. Working with us, you know that professionals are looking after your investment property. We will keep you informed of every little detail relating to your property in Spain.