I am at present looking into purchasing a modest 1 to 2 bedroom apartment in either Gran Canaria, Fuerteventura, or Lanzarotte. My main objective is to rent it out on a long term basis. Not as a tourist rental, but for a duration of 12 months or more to good tenants.
Would i require a licence from the authorities for this type of rental. I am new to buying property in Spain.
Hi George, you don’t need a special licence for long-term rentals, just compliance with the national law like having a valid habitation certificate (cedula de habitabilidad), legal contracts, and tax declaration.
Everything you need to know about property in Spain
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