Some foreign nationals buy a property in Spain with the intention of joining the ex-pat community in the country and living in their new dream home full time. Others want a holiday home that they can use as a bolthole. An escape from the cold weather back home whenever they need it. But many people will buy a property in Spain with the intention of letting it out either permanently or in the short term when they’re not using it themselves.
If you want to rent out your property long term to a tenant then there are some documents that you will need to secure and important steps you will need to take. Here’s what you need to know:
What Documents Do You Need To Rent Out A Property In Spain?
To rent out a property in Spain you will need to have the following documents:
- Cédula de habitabilidad. This is a certificate of occupancy and is issued by an architect. It should clearly state that your home meets all the technical conditions of habitability necessary for the property to be let. This certificate is important for many reasons not least because you can’t install water, gas and electricity services in a property without it.
- Certificado de Eficiencia Energética. This is the Spanish name for an energy efficiency certificate. This can only be issued by a qualified technician and will clearly certify how much CO2 your property emits. It is effectively an energy efficiency rating.
- Property Deeds. It should go without saying but you can only let your property if it is your property. You will need your property deeds to demonstrate that you own the property: this is effectively your proof of legal property ownership. It can also be possible to prove ownership property through IBI (Real Estate Tax) receipts.
- Utility Bills. All utilities for your property must be registered in order to rent out the property. It is very important that you give the tenant a copy of the latest utility bills (water, electricity, etc.), as this will allow the tenant to change the ownership of the bills as soon as they move in.
- The contact. Finally you can’t legally let a property without a properly prepared rental contract that is signed by both you (the landlord) and by your tenants. A legal rental contract outlines all the clauses of the agreement and the price, the deposit, payment details, and so on. Important things like whether or not subletting the house is allowed is established, as well as reasons for cancelling the contract and how to resolve possible disputes must also be determined.
How Can You Advertise Your Property?
The easiest way to let a property in Spain is to already have a tenant in mind. This could be someone that you know: a family friend for example. If you don’t have a tenant prepared then you will need to advertise your property in order to find a tenant. One of the easiest ways to do this is to use rental websites or apps. These are easy to use and manage, and are an affordable option too.
In Spain the main ones used are Idealista and Foto Casa, but in areas with large foreign populations there are often Facebook groups that can be a great source of potential tenants.
When advertising your property if you want to gain a reliable long-term tenant then you should include:
- The rental price. This should usually be advertised per month, but sometimes adverts are listed with a per week rate. You should also clearly state whether utility bills are included in the price.
- The address. For safety you shouldn’t give the exact building number, particularly if the property is currently unoccupied. But you should include the neighbourhood or street address as well as details of any useful services and facilities in the building or nearby.
- Photos. You’ll need photos of the property: ideally professional photos or at least well-lit professional quality shots. Some landlords will also include videos or video tours of their property.
- Details. Include as much information as possible about the property you hope to let. This includes the size, the number of bedrooms, bathrooms, balconies, terraces, communal areas, swimming pool, what type of oven it has, and so on.
Are you thinking of moving to Spain? Perhaps you’ve always imagined having your own Spanish holiday home, where you can spend timeither with your family or in happy solitude? Whatever your dream or locally based property agents are perfectly placed to help. Why not get in touch today with Right Casa Estate Agency to let us help you find your dream property on the Costa Del Sol.