I want to live in Spain – just not all year! There’s nothing wrong with wanting the best of both worlds, and if that means enjoying a British summer and a Spanish winter, why not? Moreover, limiting your time in Spain to winter means you can rent it out all summer for a healthy profit. Sounds tempting doesn’t it?
In the news from Spain this week there are some very encouraging statistics about the economy and employment. British residents will be happy with an agreement between the UK and Spain post-Brexit and we say goodbye to one Euro bank note. If you’re a bit of a beach bunny, good news: ours are some of the best in Europe. Daily flights from Málaga to the Big Apple open a new route to overseas buyers.
Spain’s property market is going from strength to strength, with more and more investment from overseas buyers. For holiday home owners, this is unlikely to taper off even after Brexit. The European Commission’s Vice President has said that visas will unlikely be needed by UK nationals for short stays.
Many people spend months searching for their dream home in Spain – and still sometimes don’t find what they’re looking for. Perhaps the property you found on an agent’s site has already been sold, or just didn’t look like the photos. Perhaps there was an aspect of the buying process you didn’t know about, which meant you weren’t in position to purchase. Perhaps you keep refining your needs with each viewing.
It is only comparatively recently that the various Spanish Autonomous Regions have introduced tight rules for rentals, especially holiday rentals. It was necessary to ensure the high standard now expected by tourists. Many places which were advertised had no basic amenities such as air conditioning or ceiling fans. Some had no natural light in bedrooms and fell below the expected safety criteria. Today, we explore the major rules for rentals in Spain.
