The magic of lettings in Spain

Raymundo LarraĆ­n Nesbitt, November, 21. 2017

By Raymundo Larraín Nesbitt
Lawyer and Director of Larraín Nesbitt Lawyers
21st of November 2017

 

So, you’ve heard all the good news surrounding the explosive double-digit growth on Spanish rental asking prices and your curiosity has been peaked? You may feel half tempted to jump onto the bandwagon of landlords that make a nice little extra income in the summertime renting out to tourists.

But what is holding you back is being put off by all the newspaper articles hammering on the new batch of regional regulations sweeping Spain that have put in place stringent requirements to let properties out to tourists, require a mandatory rental licence from regional Authorities and which are subject to humongous fines on non-compliance. I know, what a bummer.

What if I were to tell you that you could legally sidestep all the above pesky requirements? There is a perfectly legal way to rent out your property in Spain to tourists during the summer season which does NOT require:

  • Registration of your rental with the regional Authorities. Tick.
  • No need to apply for a tourist rental licence. Tick.
  • Your property will not be subject to inspections by regional Authorities. Tick.
  • You do not need to meet daft expensive requirements such as A/C installed in every room, WIFI, mandatory rental insurance etc. Tick.
  • You will not be liable for massive fines on non-compliance. Tick.

 

Interested? Well, come and speak to the experts; we can make it happen for you. *

Making life simple.

 

*Not everyone qualifies, ask us.

Larraín Nesbitt Lawyers, small on fees, big on service.

Larraín Nesbitt Lawyers is a law firm specialized in conveyancing, taxation, litigation and inheritance. We will be very pleased to discuss your matter with you. Please contact us for a free initial consultation. You can contact us by e-mail at info@larrainnesbitt.com, by telephone on (+34) 952 19 22 88 or by completing our contact form.

 

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