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renting out property to friends

renting out property to friends

Postby hiisrb9945 » Mon Apr 17, 2017 9:29 pm

Can anyone help me in regards to renting property couple of times a year, I have read that you need to get a license and all the other things it entails however it is not on a permanent basis - just friends - i dont mind paying the taxes etc - but i have no idea what to charge and what it should include - total novice
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Joined: Thu Feb 16, 2017 8:48 pm
Which part of Spain are you from?: haradedes
Gender: Female

Re: renting out property to friends

Postby lbvh » Tue Apr 18, 2017 8:10 am

we have good contact with Rob and Richard from::
OPI Costa Blanca S.L are a registered Property management and Rental Company in the province of Alicante. OPI have been operating as a rental company since 2002 and specialise in Holiday Lettings, Long Term Tenancies and General Building, Pool and Garden Maintenance.
Our Holiday Rentals are licensed with Generalitat Valenciana. Empresea Gestora de Viviendes Turisticas OPI HOLIDAYS Licence EGVT-891-A.
We provide a full management package which can be tailored to your requirements, and a comprehensive marketing package to give your property worldwide exposure.
To contact us, please call (00 34) 965 725 769 or email us at [email protected]
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Which part of Spain are you from?: Quesada
Gender: Male

Re: renting out property to friends

Postby marcliff » Tue Apr 18, 2017 8:23 am

If you're just renting to friends then you don't need a licence (you can get one voluntarily if you wish). Only if you advertise it or go through a rental agency.
Do it by word of mouth to friends and relatives then fine.
Obviously what to charge would depend on what type of property, when in the year, do you wish to make a profit or simply to pay the bills etc.
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Location: Doña Pepa 2
Which part of Spain are you from?: Dona Pepa 2
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Re: renting out property to friends

Postby bass2112 » Tue Apr 18, 2017 11:27 am

:text-goodpost: totally agree with marcliff.
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Location: Darkest deepest Kent
Which part of Spain are you from?: quesada
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Re: renting out property to friends

Postby VivaEspana » Tue Apr 18, 2017 12:06 pm

I hate negative posts but I'm going to put this out there. I know of two friends who rented to friends and they were left with a massive electric bill.

The first lot went in the winter and found the place cold, so they bought cheap fan heaters for every room and left them on 24/7.

The other people went in the summer and left the air con on 24/7 and when the cleaner went in a couple of weeks after they'd left (it was a casual arrangement), the air con was still on full blast.
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Joined: Tue Nov 22, 2016 10:43 am
Which part of Spain are you from?: Quesada

Re: renting out property to friends

Postby Janjan » Tue Apr 18, 2017 1:07 pm

Look at Holiday Lets and see what they charge at certain times of the year just to get an idea. Not as much as UK let's. Are you going to employ a cleaner after their visits? Allow up to 100 euros for that if it includes doing the Laundry. Let's hope you havnt got Air Conditioning and Heatung. That's another story to get that on pay meters. Everybody feels the Heat and Cold differently.
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Which part of Spain are you from?: Quesada area
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