What you really need as a new property owner is advice before you start renting or furnishing as, we know from experience of renting our own properties, it is very easy to make mistakes that cost you money
The Our Property Guide Service provides practical advice on, how and where to furnish the property, how to save money, how to get your property onto the market quickly and which are the best ways to advertise. On this page we share with you just a few of these tips and ideas
In a difficult rental market it´s important to understand that in order to rent successfully you have to treat renting a property as a business, that it takes time to establish the property, approx 2-3 years, and understanding your costs is vital to success.
How do you find a reliable property management company, you´ll need one especially during the early phases to supervise furniture deliveries and access for tradesmen and then hiow do you vet them and decide on a level of service
Key to this is having your own website with your own domain name and this can easily be produced, using one of the many design template provided by hosting companies, total cost for a self build site, less than £50 per year but there are sites that automatically create your own site
How do you fix your rental price and not loose money. . You need to understand the cost of owning and renting properties.including fixed and variable charges , fixed costs include community fees, local authority charges, utility standing charges, tax IBI, annual key holding cost. Variable charges which increase on usage and season include utility usage, cleaning, and maintenance.
Do some research, look through similar properties on holiday sites, check rates and their calendar to see how well the property is renting, look at descriptions compare features and photographs, a good set of photographs are key.
Before you furnish fix a budget and remember to include all of those items not included in a normal Spanish build, lights, shower cubicles, safe and additional security locks. Our Property Guide can help you with local suppliers, local tradesman to fit lights and shower cubicales and you can save thousands of euros, equal to several months rental income
Planning is key before you buy furniture measure the rooms to see what fits remembering positions of doors and TV points. To give the impression of space, very important for marketing with photographs, you should not over-furnish the property or add too many personal touches.
Including in our guide there is a complete check list of the typical items required for a rental property, information on local suppliers and tradesman
This page includes anly part of the comprehensive information form Our Property Guide and if you would like to discuss your needs or arrange a meeting in Spain please Contact Us