Rent to Buy

[Barnet]

Hi,

I’ve seen quite a few Spanish properties for sale on a certain Auction website being offered on a Rent to Buy basis (I also notice an article written in this regard- on this website). The properties offered are on a 10% deposit with the balance paid as a rent over 60 or 90 months , depending on the cost of the property, with the property being signed over at the last payment, or the tenant can leave anytime forfeiting their payments thus far. Can anyone advise the cost of doing this themselves and the practicalities/pitfalls/and protection from rogue tenants likely to take advantage of the fairly lax law in Spain regarding their negative occupancy. In short, is this a viable and safe way to dispose of property in Spain?

[Author]

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