Last month we informed you about return on investment on Spanish real estate on the long term. However, a lot of buyers are keen on generating income direct after purchasing their Spanish Property. In that case, you are best advised on letting the property.
Depending on the characteristics and the location of the property, your holiday home in Spain has a certain rental value. In addition, it has to be clear how much time in the year you want to use the property by yourself and how many weeks you can make it available for renting out.
Determine your target group
The first step is to determine a target group who you want to rent to. You can consciously choose to rent your property out only to family, friends and relatives. Especially when you have bought a new build property this is a much chosen form of rental for the first 2 or 3 years.
You can also choose to have the property let out commercially by our specialized rental partner. In this case we advertise the property extensively on the internet in order to achieve the highest possible occupancy rate and thus the highest possible rental income.
Where to buy a Spanish property? Close to the sea, more inland or on the golf court?
A house by the sea has advantages. Many holidaymakers mainly visit Spain for sun, sea and beach. A villa or apartment within walking distance of the beach will appeal to many people. You reach a large target group including families with children.
You can also choose to buy a property in the interior of the Costa Blanca. Maybe a home on a modern golf resort. This will appeal to other, also very interesting, target groups. The Costa Blanca and the Costa Cálida both have several professional and very well maintained golf courses. Moreover, the demand for golf-holidays and golf-breaks are growing rapidly.
Here you can view part of our golf properties on the Costa Blanca and Costa Cálida that we have for sale.
Property management in Spain
Real estate agency Ibérica-Estates offers clients, who have purchased their holiday home through our agency, an exclusive property management service. As part of the service we periodically check and inspect your property in Spain on important points. As part of the property management agreement you can also use services such as cleaning, laundry pick up service, key holding, inspection after rentals and our 24h airport transfer service.
Do you need more information? Use the contact form on our website or call us at +34 625 700 390. We are 7 days a week at your service.