longterm rental advice

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This topic contains 13 replies, has 6 voices, and was last updated by Profile photo of Anonymous Anonymous 6 years, 9 months ago.

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  • #55071
    Profile photo of Anonymous
    Anonymous
    Participant

    Hi every one i don’t know if i’m doing the right thing adding a new post so please accept my apologies if i’m wrong.
    Me& my hubby are planning to move to spain early in 2010 we were going to sell our property over here and buy over there but i was diagnosed with a malignant kidney cancer and had my right kidney removed last october 2008 i was very lucky as the cancer was contained in my kidney so i’ve had no further treatment but as with all cancers there is always a chance of a secondary one so we are very wary at the moment so decided to find a longterm property to rent ,moving abroad as always been our dream and my hubby retires in january so if we don’t do it then we never will. I would appreciate any advice on the subject ie. what rentals include what other bills would we be likely to get, is it better to go through an agent or rent private, it seems a maze at the moment but along with everyone else we have heard some terrifying stories with dodgy deals etc so any sound advice would be very welcoming. I should add that we are thinking about mainland spain but we are willing to look anywhere, we are planning a holiday in september and would love to know if anyone knows a good place to visit and perhaps look at some sites where there are rental properties. I do look forward to hearing from someone and would like to thank everyone who has taken the time to read this.
    Kind regards maisyrae

  • #92747
    Profile photo of Anonymous
    Anonymous
    Participant

    Hi Maisyrae

    Renting, I think, is a good idea. Plus I think it best to use an agent as their contracts SHOULD hold some legal validity.

    The fees should be as follows. 1 months rent in advance, maximum of 2 months (although most people ask for 1) rent as a deposit. The agents fees ARE MOST DEFINITELY ONLY 1 MONTHS RENT.

    All utility bills such as water, electric, community fees (if renting a property in a community). Some owners will ask you to pay the charge for the bins, the cost will depend on where you will be living.

    If you rent a property in the country with pool and gardens you will be responsible for the maintenance of the entire plot.

    Hope this has helped a little.

    J

  • #92748
    Profile photo of Anonymous
    Anonymous
    Participant

    Hi JLR76 many many thanks for your quick reply, i was hoping you would say go through an agent but i’ve read somewhere not to because they charge a fortune ( i might have dreamt it knowing me !!!!) if we sign for a 3month contract then want it renewing would we have further fees because we would certianley want to stay put if we liked it for at least 2/3 years if our health dosn’t let us down. THANKS for the advice it has been really helpful.

    Kind regards, take care Ann

  • #92749
    Profile photo of Melosine
    Melosine
    Participant

    Once you have signed the 3 month initial contract then it can be extended verbally at no extra cost.
    Similar rules apply here as to Assured Shorthold in UK. Look online to see the rules.

    If the agent is responsible for collecting the rent then there should be NO key money instead his fee, of which you should be told, will be included in the monthly rental.

  • #92752
    Profile photo of Anonymous
    Anonymous
    Participant

    Hi Melosine many thanks for replying this is the first forum i’ve ever been on and i can’t believe how quick i got this advice, my daughter suggested i should join one as she has made many friends on the ones she goes on and always gets honest advice so thankyou once again. As i said it is like a mine field out there and obviously we don’t want any of the horrifying stories we have all heard about happening to us. i do feel a lot more confident now as forewarned is forearmed and we will take all the advice we can get. Has anyone got any ideas which spanish bank we should join as we would like to pay by direct debit so we are opening one in september ie which is the most popular etc. seems a silly question and my hubby will probably laugh when i tell i’ve asked but thats me always a bit dippy !!!! Once again THANKS

    Kind regards and take care Ann

  • #93076
    Profile photo of Anonymous
    Anonymous
    Participant

    @maisyrae wrote:

    Hi every one i don’t know if i’m doing the right thing adding a new post so please accept my apologies if i’m wrong.
    Me& my hubby are planning to move to spain early in 2010 we were going to sell our property over here and buy over there but i was diagnosed with a malignant kidney cancer and had my right kidney removed last october 2008 i was very lucky as the cancer was contained in my kidney so i’ve had no further treatment but as with all cancers there is always a chance of a secondary one so we are very wary at the moment so decided to find a longterm property to rent ,moving abroad as always been our dream and my hubby retires in january so if we don’t do it then we never will. I would appreciate any advice on the subject ie. what rentals include what other bills would we be likely to get, is it better to go through an agent or rent private, it seems a maze at the moment but along with everyone else we have heard some terrifying stories with dodgy deals etc so any sound advice would be very welcoming. I should add that we are thinking about mainland spain but we are willing to look anywhere, we are planning a holiday in september and would love to know if anyone knows a good place to visit and perhaps look at some sites where there are rental properties. I do look forward to hearing from someone and would like to thank everyone who has taken the time to read this.
    Kind regards maisyrae

    Hi
    im replying to this from a personal perspective (having rented here for the past 5 years) and not from a Lawyers perspective just in case anyone is wondering!

    Not ALL agents are bad or dodgy, so please dont go into this thinking the worst – we have used some that proved to be helpful not only when searching for the property but during our occupancy too. We always rented unfurnished as I prefer to have my own things around me – for unfurnished you should only be asked to pay 1 months deposit plus 1 months rent when you move in – for furnished some landlords will request 2 months deposit to cover the additional risk of loss or damage to furnishings etc. I would not recommend accepting to pay deposits outside this – there are plenty of other properties to choose from if a landlord or Agent digs their heels in and tries to get more out of you!

    Renting through private ads etc has also worked well for us – maybe we have been lucky but to date we have had no problems with either type of approach.

    We currently rent long term direct from a Developer which means we have a brand new apartment in a lovely location at a good price. More and more developers seem to be offering this option – it makes some sense as they arent selling too many at the moment so having a tenant in paying rent is good for everyone concerned.

    Make sure you receive a proper Rental Contract – they are generally in Spanish but some have English translated pages – I personally have always had mine checked out at work given I work in a Lawyers office! But its always best to err on the side of caution as you would do with any contract in the UK.

    And finally I would strongly suggest that you dont pay anyone anything without having seen a property first, dont pay holding deposits over the telephone for example … you really do need to be here to see and touch the property you are considering renting …. some pictures dont do a place any justice at all … others give you the impression all is lovely when in reality you wouldnt keep your dog in there!

    Good luck.

  • #92876
    Profile photo of Anonymous
    Anonymous
    Participant

    @maisyrae wrote:

    Hi every one i don’t know if i’m doing the right thing adding a new post so please accept my apologies if i’m wrong.
    Me& my hubby are planning to move to spain early in 2010 we were going to sell our property over here and buy over there but i was diagnosed with a malignant kidney cancer and had my right kidney removed last october 2008 i was very lucky as the cancer was contained in my kidney so i’ve had no further treatment but as with all cancers there is always a chance of a secondary one so we are very wary at the moment so decided to find a longterm property to rent ,moving abroad as always been our dream and my hubby retires in january so if we don’t do it then we never will. I would appreciate any advice on the subject ie. what rentals include what other bills would we be likely to get, is it better to go through an agent or rent private, it seems a maze at the moment but along with everyone else we have heard some terrifying stories with dodgy deals etc so any sound advice would be very welcoming. I should add that we are thinking about mainland spain but we are willing to look anywhere, we are planning a holiday in september and would love to know if anyone knows a good place to visit and perhaps look at some sites where there are rental properties. I do look forward to hearing from someone and would like to thank everyone who has taken the time to read this.
    Kind regards maisyrae

    Hi
    im replying to this from a personal perspective (having rented here for the past 5 years) and not from a Lawyers perspective just in case anyone is wondering!

    Not ALL agents are bad or dodgy, so please dont go into this thinking the worst – we have used some that proved to be helpful not only when searching for the property but during our occupancy too. We always rented unfurnished as I prefer to have my own things around me – for unfurnished you should only be asked to pay 1 months deposit plus 1 months rent when you move in – for furnished some landlords will request 2 months deposit to cover the additional risk of loss or damage to furnishings etc. I would not recommend accepting to pay deposits outside this – there are plenty of other properties to choose from if a landlord or Agent digs their heels in and tries to get more out of you!

    Renting through private ads etc has also worked well for us – maybe we have been lucky but to date we have had no problems with either type of approach.

    We currently rent long term direct from a Developer which means we have a brand new apartment in a lovely location at a good price. More and more developers seem to be offering this option – it makes some sense as they arent selling too many at the moment so having a tenant in paying rent is good for everyone concerned.

    Make sure you receive a proper Rental Contract – they are generally in Spanish but some have English translated pages – I personally have always had mine checked out at work given I work in a Lawyers office! But its always best to err on the side of caution as you would do with any contract in the UK.

    And finally I would strongly suggest that you dont pay anyone anything without having seen a property first, dont pay holding deposits over the telephone for example … you really do need to be here to see and touch the property you are considering renting …. some pictures dont do a place any justice at all … others give you the impression all is lovely when in reality you wouldnt keep your dog in there!

    Good luck.

  • #93082
    Profile photo of Inez
    Inez
    Participant

    Hi, having dealt with long term rentals in the past, dont get pushed into paying a finders fee to any agent, almost all NOW get their fee from the owner upon finding a tenant. If they are managing the property their deal is with the owner and not you.

    It used to be the practice that agents obtained a finders fee from the tenant and some still do, anything from 50-100% of the rent – up to you if you find something you fall in love with and decide to pay it.

    1 or 2 months deposit and 1 month rent payable in advance, if you find somewhere (and I would strongly suggest furnished until you decide to relocate permanently) place a small holding fee and then the remainder as you collect the keys.

    Any spanish bank will set up a direct debit to pay the owner so dont worry which bank you go for.

    Do not get involved in paying community fees, this is the owners responsibiliey, you pay electric and water unless you have an all inclusive deal but they are rare.

    Sign a short term agreement initially then extend to an 11 month – I would suggest you sign an 11 month with the option to finish after 3 with a 1 month notice from your end, then you should be fine and flexible.

    Tenants deciding bot to complete the contract can sometimes give a 1 month notice and then move if its written into the contract.

    Finally, good luck with it and enjoy your new home, I hope it all works out for you.

  • #92882
    Profile photo of Inez
    Inez
    Participant

    Hi, having dealt with long term rentals in the past, dont get pushed into paying a finders fee to any agent, almost all NOW get their fee from the owner upon finding a tenant. If they are managing the property their deal is with the owner and not you.

    It used to be the practice that agents obtained a finders fee from the tenant and some still do, anything from 50-100% of the rent – up to you if you find something you fall in love with and decide to pay it.

    1 or 2 months deposit and 1 month rent payable in advance, if you find somewhere (and I would strongly suggest furnished until you decide to relocate permanently) place a small holding fee and then the remainder as you collect the keys.

    Any spanish bank will set up a direct debit to pay the owner so dont worry which bank you go for.

    Do not get involved in paying community fees, this is the owners responsibiliey, you pay electric and water unless you have an all inclusive deal but they are rare.

    Sign a short term agreement initially then extend to an 11 month – I would suggest you sign an 11 month with the option to finish after 3 with a 1 month notice from your end, then you should be fine and flexible.

    Tenants deciding bot to complete the contract can sometimes give a 1 month notice and then move if its written into the contract.

    Finally, good luck with it and enjoy your new home, I hope it all works out for you.

  • #93089
    Profile photo of Anonymous
    Anonymous
    Participant

    Many thanks for your advice once again now I would like to your advice on how do i begin to look for a property ( i will take your advice and rent furnished for the time being ) sounds a silly question again but we are planning a holiday to torejeva in sept/oct as this is the place we would like to be so would it be a good idea to visit letting agents during our stay or would we be better going again in feb and hope we can find somewhere that will be available during our holiday so we can rent immediatly.

    Kind regards maisyrae

  • #92889
    Profile photo of Anonymous
    Anonymous
    Participant

    Many thanks for your advice once again now I would like to your advice on how do i begin to look for a property ( i will take your advice and rent furnished for the time being ) sounds a silly question again but we are planning a holiday to torejeva in sept/oct as this is the place we would like to be so would it be a good idea to visit letting agents during our stay or would we be better going again in feb and hope we can find somewhere that will be available during our holiday so we can rent immediatly.

    Kind regards maisyrae

  • #93090
    Profile photo of Inez
    Inez
    Participant

    If you are going on a holiday soon then contact some local agents when you are there as at least you can have a look around adn see the area and quality etc. Also look in the Sur in english or Euro weekly or local free paper as some will be advertised there.

    Most owners list their properties with agents as they live in the uk or ireland etc and cant sort viewings etc. Dont give any deposits or anything at this stage but suss out what is there.

    As soon as you see an agent they will be able to show you property the same day!

  • #92890
    Profile photo of Inez
    Inez
    Participant

    If you are going on a holiday soon then contact some local agents when you are there as at least you can have a look around adn see the area and quality etc. Also look in the Sur in english or Euro weekly or local free paper as some will be advertised there.

    Most owners list their properties with agents as they live in the uk or ireland etc and cant sort viewings etc. Dont give any deposits or anything at this stage but suss out what is there.

    As soon as you see an agent they will be able to show you property the same day!

  • #97273
    Profile photo of Anonymous
    Anonymous
    Participant

    you will love it, many many kilometres of sandy beaches and amenities all around.
    My mum has 2 apartments to let, so if you are interested, let me know: lalesf@hotmail.com

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